Recent price trend of sulfuric acid

It can be seen from the above figure that the domestic sulfuric acid market price is temporarily stable this week, and the sulfuric acid price is 231.67 yuan/ton. Compared with the same period last year, it fell 69.18% year-on-year. The sulfuric acid commodity index was 36.06 on February 12, which was the same as yesterday, down 80.83% from the highest point of 188.07 (2022-04-13) in the cycle, and up 14.40% from the lowest point of 31.52 on June 6, 2019. (Note: the period refers to September 1, 2011 to now)

The upstream market fluctuated and fell, while the downstream purchasing enthusiasm was general

From the manufacturer’s quotation, the price of domestic mainstream sulfuric acid manufacturers is temporarily stable this week, and the manufacturer’s inventory is general.

From the perspective of the upstream and downstream industrial chains, the upstream sulfur market declined slightly, with the sulfur price falling from 1186.67 yuan/ton at the end of last week to 1146.67 yuan/ton at the end of this week, a decrease of 3.37%. Compared with the same period last year, the year-on-year decline was 47.16%, and the upstream market fluctuated and fell, and the cost support weakened. The downstream hydrofluoric acid market declined slightly, with the market price falling from 10000.00 yuan/ton at the end of last week to 9828.57 yuan/ton at the end of this week, down 1.71%. Compared with the same period last year, the year-on-year decline was 13.33%. The downstream titanium dioxide market rose slightly, with the market price rising from 16100.00 yuan/ton at the end of last week to 16183.33 yuan/ton at the end of this week, up 0.52%. Compared with the same period last year, it fell by 22.20%. Downstream market has ups and downs, and downstream purchasing enthusiasm is general.

The market fell slightly in the aftermarket

In the middle and late February, the domestic sulfuric acid market may fall slightly. The upstream sulfur market has been fluctuating and falling recently, and the cost support is insufficient. Downstream ammonium sulfate and hydrofluoric acid market prices fell slightly, while titanium dioxide market prices rose slightly. Downstream customers were generally enthusiastic about purchasing sulfuric acid, and the product trend declined under the contradiction between supply and demand. The sulphuric acid analyst of the Business Society believes that the short-term domestic sulphuric acid market is mainly affected by supply and demand, raw materials and other factors, and the sulphuric acid market price may fall slightly.