[Sulfuric acid] Sulfuric acid weekly review (1.26-2.1)

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February 1, 2024, 4:40 PM

1. Analysis of Chinese Sulfuric Acid Market

This week, China's sulfuric acid market is mixed. As of now, the price of 98% of smelting acid in Shandong is between 1-135 yuan/ton, and the price of 98% of smelting acid in Guangxi is between 280-330 yuan/ton. The start-up of Chinese sulfuric acid companies is relatively stable and the market supply is sufficient. In the early stage, the acid prices in some areas such as Shandong have been continuously lowered to low levels. Acid factories have removed more inventories, and prices have stopped falling and stabilized; Downstream titanium dioxide companies in southwest and south China have been overhauled and stopped production. Supply and demand in the sulfuric acid market are unbalanced, and high prices have been lowered. It is reported that driven by the news of accepting exports and the recent relative stability of supply and demand in China's sulfuric acid market, some market participants are more optimistic about the post-holiday market., sulfuric acid prices in some regions may rise.

2.& nbsp; Mainstream prices in sulfuric acid markets in major regions of China

Yuan/ton

markets	Type of acid making	February 1	January 25	rise and fall
Shandong area	sulfuric acid	100-220	100-220	0/0
Jiangsu area	sulfuric acid	140-280	140-280	0/0
Zhejiang area	sulfuric acid	380-480	380-480	0/0
Anhui area	sulfuric acid	160-450	160-450	0/0
Hebei region	sulfuric acid	180-260	160-260	20/0
Anhui area	smelting acid	80-130	80-130	0/0
Shandong area	smelting acid	1-135	1-95	0/40
Hunan area	smelting acid	160-210	160-210	0/0
Jiangxi area	smelting acid	70-140	70-140	0/0
Henan area	smelting acid	30-100	30-100	0/0
Hubei area	smelting acid	160-220	160-220	0/0
Guangxi region	smelting acid	280-330	280-380	0/-50
Guizhou market	smelting acid	220-300	250-350	-30/-50
Sichuan market	smelting acid	250-380	250-380	0/0
Yunnan region	smelting acid	330-400	330-400	0/0
Fujian area	smelting acid	160-260	160-260	0/0
Inner Mongolia region	smelting acid	200-300	200-400	0/-100
Liaoning area	smelting acid	210-380	290-400	-80/-20
Gansu region	smelting acid	180-290	180-290	0/0
Shandong area	mineral acid	80-130	80-130	0/0
Guangdong area	mineral acid	150-200	150-200	0/0
Hebei region	mineral acid	150-240	120-240	30/0