Recent trend of sulfuric acid price

As can be seen from the above figure, the distribution price of sulfuric acid in Shandong Province fell this week, with the quoted price falling from 573.33 yuan / ton at the beginning of the week to 543.33 yuan / ton at the end of the week, a decrease of 5.23%, and a year-on-year increase of 84.18%. Overall, the sulfuric acid market fell this week, with the sulfuric acid commodity index at 84.56 on May 21.

The downstream market is depressed and the purchase intention is not strong

From the quotation of manufacturers, the prices of mainstream sulfuric acid manufacturers in Shandong fell this week, the inventory of manufacturers was general, and the downstream demand weakened. Heze Jiangyuan quoted 600 yuan / ton over the weekend, down 50 yuan / ton compared with the beginning of the week; Zouping Tianlu quoted 380 yuan / ton this weekend, down 40 yuan / ton compared with the beginning of the week; Jinan Yuanfei quoted 650 yuan / ton, which was temporarily stable compared with that at the beginning of the week.

From the perspective of the upstream and downstream industry chain, the sulfur market in the upstream has recently been consolidated at a high level, with weak rise and general cost support. The downstream isopropanol, hydrofluoric acid market fell sharply, on the whole, had a negative impact on the price of sulfuric acid.

Weak and stable operation in the future

In late May, the sulfuric acid Market in Shandong Province may fluctuate and fall slightly. The price of sulfur in the upper reaches has been consolidated at a high level recently, but the rise is weak. The market in the lower reaches is poor. The purchasing enthusiasm of sulfuric acid in the lower reaches is general, and the product trend is downward under the contradiction between supply and demand. Business community sulfuric acid analysts believe that the short-term Shandong market in the supply and demand and raw materials and other aspects of the impact of the sulfuric acid market or small shocks down.