Recent price trend of sulfuric acid

It can be seen from the above figure that the domestic sulfuric acid market price has dropped significantly this week. The sulfuric acid price has dropped from 348.00 yuan / ton at the end of last week to 244.00 yuan / ton at the end of this week, a decrease of 29.89%, a year-on-year decrease of 68.92% over the same period of last year. On September 4, the sulfuric acid commodity index was 37.98, which was the same as yesterday, down 79.81% from the highest point 188.07 (April 13, 2022) in the cycle, and up 20.49% from the lowest point 31.52 on June 6, 2019. (Note: the period refers to September 1, 2011 to now)

The market in the upper reaches was consolidated at a low level, and the enthusiasm for purchasing in the lower reaches was weakened

From the manufacturer’s quotation, the price of domestic sulfuric acid mainstream manufacturers fell sharply this week, the manufacturer’s inventory was general, and the downstream demand weakened.

From the perspective of the upstream and downstream industrial chains, the upstream sulfur market fell slightly. The sulfur price fell from 1170.00 yuan / ton at the end of last week to 1163.33 yuan / ton at the end of this week, a decrease of 0.57%, a year-on-year decrease of 39.41% over the same period of last year. The upstream market fell slightly, and the cost support was general. The downstream hydrofluoric acid market fell slightly, and the market price fell from 10780.00 yuan / ton at the end of last week to 10540.00 yuan / ton at the end of this week, a decrease of 2.23%, a year-on-year decrease of 2.32% compared with the same period of last year. The downstream titanium dioxide market was consolidated at a low level, with a market price of 17500.00 yuan / ton, a year-on-year decrease of 16.93% over the same period last year. The downstream market fell slightly, and the downstream purchasing enthusiasm weakened.

The market fell slightly in the afternoon

In the first ten days of September, the domestic sulfuric acid market mainly fell slightly. The upstream sulfur market has declined slightly recently, and the cost support is general. The market prices of downstream hydrofluoric acid, titanium dioxide and ammonium sulfate declined slightly, the enthusiasm of downstream customers for purchasing sulfuric acid weakened, and the product trend declined under the contradiction between supply and demand. Sulfuric acid analysts of business club believe that under the influence of supply and demand and raw materials in the short-term domestic sulfuric acid market, the market price of sulfuric acid may fluctuate and fall slightly.