Recent price trend of sulfuric acid

As can be seen from the above figure, the domestic sulfuric acid market price rose slightly this week, and the quotation increased from 655.00 yuan / ton last weekend to 675.00 yuan / ton this weekend, an increase of 3.05%, a year-on-year increase of 121.31% compared with the same period last year. Overall, the domestic sulfuric acid market rose slightly this week. On January 23, the sulfuric acid commodity index was 105.06, unchanged from yesterday, down 24.30% from the highest point of 138.78 in the cycle (2021-10-21), and up 233.31% from the lowest point of 31.52 on June 6, 2019. (Note: the period refers to the period from September 1, 2011 to now)

The upstream support is good, and the downstream procurement enthusiasm is enhanced

Judging from the manufacturer’s quotation, the price of domestic mainstream sulfuric acid manufacturers increased slightly this week, the manufacturer’s inventory is general, and the downstream demand is good. Heze Jiangyuan sulphuric acid is quoted at 950 yuan / ton this weekend, which is 20 yuan / ton higher than that at the beginning of the week; Zouping Tianlu sulfuric acid quoted 660 yuan / ton this weekend, up 40 yuan / ton compared with the beginning of the week; Changzhou Qinghong sulfuric acid is quoted at 600 yuan / ton this weekend, which is temporarily stable compared with that at the beginning of the week; Changzhou Changjiang sulfuric acid quoted 650 yuan / ton this weekend, up 60 yuan / ton compared with the beginning of the week; Xiangcheng San’an sulfuric acid is quoted at 650 yuan / ton this weekend, which is temporarily stable compared with that at the beginning of the week; Liaocheng Huatong sulfuric acid quoted 540 yuan / ton this weekend, which was temporarily stable compared with the beginning of the week.

From the perspective of upstream and downstream industrial chains, the upstream sulfur market rose slightly this week. The quotation rose from 2096.67 yuan / ton last weekend to 2230.00 yuan / ton this weekend, an increase of 1.59%, up 104.81% year-on-year compared with the same period last year. The upstream market has gradually risen in the near future and the cost support has been strengthened. The downstream bromine market rose slightly, and the quotation increased from 54571.43 yuan / ton last weekend to 57000.00 yuan / ton this weekend, an increase of 4.45%, up 67.37% year-on-year compared with the same period last year. The downstream formic acid market rose slightly, with the quotation rising from 4500.00 yuan / ton last weekend to 4533.330 yuan / ton this weekend, an increase of 0.74%, up 71.07% year-on-year compared with the same period last year, and the downstream market rose slightly. On the whole, the upstream and downstream products had a positive impact on the price of sulfuric acid this week.

Market outlook rose slightly

In late January, the domestic sulfuric acid market was dominated by slight shock and rise. The upstream sulfur market has gradually risen recently, and the cost support is good. The downstream formic acid Market stopped falling and rose, the downstream bromine market rose slightly, the downstream customers had good enthusiasm for purchasing sulfuric acid, and the product trend rose under the contradiction between supply and demand. Sulfuric acid analysts of business society 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 rise slightly.