Recent domestic sulfuric acid price trend

As can be seen from the above figure, the domestic sulfuric acid market price fluctuated and fell this month. The quotation fell from 871.67 yuan / ton at the beginning of the month to 860.00 yuan / ton at the end of the month, down 11.67 yuan / ton, down 1.34%, up 116.35% year-on-year compared with the same period last year. On the whole, the sulfuric acid market fell this month, and the sulfuric acid commodity index was 133.85 on October 31.

The upstream support is good, the downstream market is boosted, and the purchase intention is general

Domestic sulfuric acid Market in October

manufactor October 1st October 19th October 31st

Heze river source 870 yuan / ton 950 yuan / ton 950 yuan / ton

Zou Ping Tianlu 720 yuan / ton 720 yuan / ton 700 yuan / ton

Liaocheng Huatong 660 yuan / ton 850 yuan / ton 850 yuan / ton

Changzhou Qinghong 1050 yuan / ton 1000 yuan / ton 950 yuan / ton

Changzhou Changjiang River 950 yuan / ton 850 yuan / ton 750 yuan / ton

Xiangcheng San’an 980 yuan / ton 980 yuan / ton 960 yuan / ton

From the manufacturer’s quotation, the prices of mainstream domestic sulfuric acid manufacturers have increased and decreased this month, the manufacturer’s inventory is general, and the downstream demand is good. The quotation of Heze Jiangyuan sulfuric acid at the end of the month is 950 yuan / ton, which is 80 yuan / ton higher than that at the beginning of the month; Zouping Tianlu quoted 700 yuan / ton at the end of this month, down 20 yuan / ton compared with the beginning of this month; Liaocheng Huatong sulfuric acid quoted 850 yuan / ton at the end of the month, an increase of 190 yuan / ton compared with the beginning of the month; Changzhou Qinghong quoted 950 yuan / ton at the end of the month, which fell by 100 yuan / ton compared with the beginning of the month; The quotation of Changzhou Changjiang River at the end of the month is 750 yuan / ton, which is 200 yuan / ton lower than that at the beginning of the month; The quotation of Xiangcheng San’an sulfuric acid at the end of the month was 960 yuan / ton, which decreased by 20 yuan / ton compared with the beginning of the month.

From the perspective of upstream and downstream industrial chains, the upstream sulfur market has increased slightly recently. The quotation has increased from 1970.00 yuan / ton at the beginning of the month to 2123.33 yuan / ton at the end of the month, an increase of 153.33 yuan / ton, or 7.78%, a year-on-year increase of 125.89% compared with the same period last year. The cost support is good, which has a positive impact on sulfuric acid. The downstream formic acid market rose slightly. The quotation increased from 8016.67 yuan / ton at the beginning of the month to 8050.00 yuan / ton at the end of the month, an increase of 0.42%, a year-on-year increase of 265.91% compared with the same period last year. The downstream bromine market rose sharply. The quotation increased from 48250.00 yuan / ton at the beginning of the month to 69000.00 yuan / ton at the end of the month, an increase of 20750 yuan / ton, or 43.01%, and a year-on-year increase of 116.38% compared with the same period last year. The downstream market rose sharply, and the downstream has high enthusiasm for purchasing sulfuric acid. On the whole, the upstream and downstream products had a positive impact on the price of sulfuric acid this month.

Market outlook rose slightly

The domestic sulfuric acid Market in the middle and early ten days of November may rise slightly. The upstream sulfur price has risen slightly recently, with good cost support, the downstream bromine market has risen sharply, the downstream formic acid market has been consolidated at a high level, the downstream enthusiasm for purchasing sulfuric acid has been strengthened, and the product trend is upward under the contradiction between supply and demand. Sulfuric acid analysts of business society believe that under the influence of supply and demand and raw materials in Shandong market in the short term, the sulfuric acid market may rise slightly.