Recent price trend of sulfuric acid

It can be seen from the above figure that the domestic sulfuric acid market price fell slightly this week. The sulfuric acid price fell from 950.00 yuan / ton at the end of last week to 892.00 yuan / ton at the end of this week, a decrease of 6.11%, and a year-on-year increase of 38.65% compared with the same period last year. On July 14, the sulfuric acid commodity index was 143.50, unchanged from yesterday, down 23.70% from the highest point of 188.07 in the cycle (2022-04-13), and up 355.27% from the lowest point of 31.52 on June 6, 2019. (Note: the period refers to 2011-09-01 to now)

The upstream market continued to decline, and the enthusiasm of downstream purchasing weakened

Judging from the manufacturer’s quotation, the price of domestic mainstream sulfuric acid manufacturers fell slightly this week, the manufacturer’s inventory was general, and the downstream demand weakened. Heze Jiangyuan sulfuric acid quoted 910 yuan / ton this weekend, which was temporarily stable compared with last weekend; Zouping Tianlu sulfuric acid offered 800 yuan / ton this weekend, down 40 yuan / ton compared with last weekend; Changzhou Qinghong sulfuric acid quoted 900 yuan / ton this weekend, which fell 150 yuan / ton compared with last weekend; Changzhou Changjiang sulphuric acid quoted 950 yuan / ton this weekend, down 100 yuan / ton compared with last weekend; Xiangcheng San’an sulfuric acid is quoted at 900 yuan / ton this weekend, which is temporarily stable compared with last weekend.

From the perspective of upstream and downstream industrial chains, the upstream sulfur market fell sharply. The sulfur price fell from 3166.67 yuan / ton last weekend to 1776.67 yuan / ton this weekend, down 43.89%, up 7.89% year-on-year compared with the same period last year. The upstream market fell sharply, and the cost support was seriously insufficient. The downstream hydrofluoric acid market was consolidated at a low level, with the market price of 11280.00 yuan / ton, up 12.57% year-on-year from the same period last year. The downstream titanium dioxide market fell slightly, and the market price fell from 20083.33 yuan / ton last weekend to 19000.00 yuan / ton this weekend, down 5.39%, down 10.52% year-on-year compared with the same period last year. The downstream market fell slightly, and the downstream purchasing enthusiasm weakened.

Slightly volatile decline in the aftermarket

In the middle and late July, the domestic sulfuric acid market may fall slightly. The upstream sulfur market has fallen sharply recently, and the cost support is insufficient. Downstream hydrofluoric acid, titanium dioxide, ammonium sulfate market fell slightly, downstream customers’ enthusiasm for the purchase of sulfuric acid weakened, and the product trend fell under the contradiction between supply and demand. The sulfuric acid analyst of business agency believes that under the influence of supply and demand and raw materials in the domestic sulfuric acid Market in the short term, the market price of sulfuric acid may fluctuate and fall slightly.