Recent price trend of sulfuric acid

As can be seen from the above figure, the domestic sulfuric acid market price increased slightly this week, and the quotation increased from 620.00 yuan / ton at the beginning of the week to 638.33 yuan / ton at the end of the week, an increase of 2.96%, an increase of 45.90% year-on-year compared with the same period last year. Overall, the domestic sulfuric acid market rose slightly this week. On December 9, the sulfuric acid commodity index was 98.31, unchanged from yesterday, down 29.16% from the highest point of 138.78 in the cycle (2021-10-21), and up 211.90% from the lowest point of 31.52 on June 6, 2019. (Note: the period refers to the period from September 1, 2011 to now)

The upstream support is insufficient, and the downstream procurement enthusiasm is general

From the manufacturer’s quotation, the prices of mainstream domestic sulfuric acid manufacturers rose this week, the manufacturer’s inventory was general, and the downstream demand was general. Heze Jiangyuan sulfuric acid is quoted at 870 yuan / ton this weekend, up 40 yuan / ton compared with the beginning of the week; Zouping Tianlu sulfuric acid quoted 450 yuan / ton this weekend, up 70 yuan / ton compared with the beginning of the week; Changzhou Qinghong sulfuric acid is quoted at 700 yuan / ton this weekend, which is temporarily stable compared with that at the beginning of the week; Changzhou Changjiang sulfuric acid is quoted at 650 yuan / ton this weekend, which is temporarily stable compared with that at the beginning of the week; Xiangcheng San’an sulfuric acid is quoted at 700 yuan / ton this weekend, which is temporarily stable compared with that at the beginning of the week; Liaocheng Huatong sulfuric acid quoted 460 yuan / ton this weekend, which was temporarily stable compared with the beginning of the week.

From the upstream and downstream industrial chain, the upstream sulfur market fell slightly this week. The quotation fell from 2000.00 yuan / ton at the beginning of the week to 1933.33 yuan / ton at the end of the week, a decrease of 0.50%, a year-on-year increase of 91.42% compared with the same period last year, and the cost support continued to weaken. The downstream bromine market fell slightly, and the quotation fell from 66750.00 yuan / ton last weekend to 62857.14 yuan / ton this weekend, down 5.83%, up 90.48% year-on-year compared with the same period last year. The downstream formic acid market rose slightly. The quotation increased from 4133.33 yuan / ton at the beginning of the week to 4200.00 yuan / ton at the end of the week, an increase of 1.61%, up 88.06% year-on-year compared with the same period last year. The downstream market rose and fell with each other. On the whole, the upstream and downstream products had a negative impact on the price of sulfuric acid this week.

The market outlook fell slightly

In mid December, the domestic sulfuric acid market may fluctuate and fall slightly. The price of upstream sulfur still fell slightly recently, and the cost support is insufficient. Although the downstream formic acid market rose this week, the downstream bromine market has been falling. Downstream customers have general enthusiasm for purchasing sulfuric acid, and the product trend is downward 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 the domestic sulfuric acid Market in the short term, the sulfuric acid market may fluctuate and decline slightly.