Recent price trend of sulfuric acid

As can be seen from the figure above, the price of domestic sulfuric acid market rose slightly this week, from 301.67 yuan/ton at the weekend to 313.33 yuan/ton at the weekend, up 3.87%. A year-on-year drop of 50.53%. On December 18, the sulphuric acid commodity index was 48.77, unchanged from yesterday, 74.07% lower than the cycle’s highest point of 188.07 (2022-04-13), and 54.73% higher than the lowest point of 31.52 on June 6, 2019. (Note: Period refers to 2011-09-01 to now)

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

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

From the perspective of upstream and downstream industrial chains, the upstream sulfur market rose in a narrow range, with the sulfur price rising from 1513.33 yuan/ton at the end of last week to 1543.33 yuan/ton at the end of this week, up 1.98%. Compared with the same period last year, it fell by 21.12% year on year. The upstream market rose in shock and cost support increased. The downstream hydrofluoric acid market was consolidated at a high level, with the market price of 12757.14 yuan/ton. It was 0.29% higher than the same period last year. 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 drop of 23.03%. Downstream market fluctuates with each other, and downstream purchasing enthusiasm is average.

The market rose slightly after shocks

In late December, the domestic sulfuric acid market rose mainly due to slight fluctuations. The upstream sulfur market has been surging 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.