Recent price trend of sulfuric acid

As can be seen from the figure above, the price of domestic sulfuric acid market fell slightly this week, from 408.00 yuan/ton at the end of last week to 366.00 yuan/ton at the end of this week, down 10.29%. A year-on-year decrease of 51.74%. On November 10, the sulphuric acid commodity index was 62.88, unchanged from yesterday, down 66.57% from the cycle’s highest point of 188.07 (2022-04-13), and up 99.49% from the lowest point of 31.52 on June 6, 2019. (Note: Period refers to 2011-09-01 to now)

The upstream market rose slightly, while the downstream purchasing enthusiasm was average

From the manufacturer’s quotation, the price of domestic mainstream sulfuric acid manufacturers fell slightly this week, and the manufacturer’s inventory was average.

From the perspective of upstream and downstream industrial chains, the upstream sulfur market rose slightly, and the sulfur price rose from 1250.00 yuan/ton at the weekend to 1363.33 yuan/ton at the weekend, up 9.07%. Compared with the same period last year, it fell 35.18% year on year. The upstream market rose slightly and cost support was strengthened. The downstream hydrofluoric acid market rose slightly, with the market price rising 0.26% from 11128.57 yuan/ton at the end of last week to 11157.14 yuan/ton at the end of this week. A year-on-year drop of 20.36%. The market price of titanium dioxide in the downstream market was adjusted at a low level, and the market price was 15933.33 yuan/ton. A year-on-year decrease of 23.95%. Downstream market fluctuates with each other, and downstream purchasing enthusiasm is average.

The market rose slightly after shocks

In the middle and late November, the domestic sulfuric acid market rose mainly due to slight fluctuations. The upstream sulfur market has risen slightly recently, and the cost support has increased. Downstream hydrofluoric acid market rose slightly, while titanium dioxide and ammonium sulfate market declined slightly. Downstream customers were generally enthusiastic about purchasing sulfuric acid, and the product trend rose under the contradiction between supply and demand. The sulfuric acid analysts of the business community believe that the short-term domestic sulfuric acid market price will rise mainly due to the impact of supply and demand, raw materials and other aspects.