It can be seen from the above figure that the domestic sulfuric acid market price dropped sharply this month. The sulfuric acid price dropped from 612.00 yuan / ton at the beginning of the month to 282.00 yuan / ton at the end of the month, a decrease of 53.92%, a year-on-year decrease of 64.08% compared with the same period of last year.

On August 29, the sulfuric acid commodity index was 51.67, down 2.49 points from yesterday, down 72.53% from the highest point 188.07 (2022-04-13) in the cycle, and up 63.93% from the lowest point 31.52 on June 6, 2019. (Note: the period refers to September 1, 2011 to now)

The upstream support has improved and the downstream demand is insufficient

From the manufacturer’s quotation, the price of domestic mainstream sulfuric acid manufacturers has dropped sharply this month, and the manufacturer’s inventory is small.

From the perspective of the upstream and downstream industrial chain, the upstream sulfur market rose slightly this month. The sulfur price rose from 926.67 yuan / ton at the beginning of the month to 1176.67 yuan / ton at the end of the month, an increase of 26.98%, a year-on-year decrease of 36.85% compared with the same period of last year. The upstream cost support improved, which had a positive impact on the sulfuric acid market. The downstream hydrofluoric acid market fell slightly, with the price falling from 10790.00 yuan / ton at the beginning of the month to 10780.00 yuan / ton at the end of the month, a decrease of 0.09%, and a year-on-year increase of 6.21% over the same period of last year. The downstream titanium dioxide market fell slightly, with the price falling from 18866.67 yuan / ton at the beginning of the month to 17500.00 yuan / ton at the end of the month, a decrease of 7.24%, a year-on-year decrease of 16.93% compared with the same period of last year. The downstream market fell slightly, and the downstream manufacturers’ enthusiasm for purchasing sulfuric acid weakened.

In the future, the market fluctuated slightly and fell

In the middle and early September, the domestic sulfuric acid market may fluctuate slightly. Although the upstream sulfur price has increased slightly and the cost support has improved, the downstream market prices of hydrofluoric acid, titanium dioxide and ammonium sulfate have decreased slightly, the downstream purchasing enthusiasm for sulfuric acid has weakened, and the product trend has decreased under the contradiction between supply and demand. The sulfuric acid analysts of business association believe that the short-term sulfuric acid market may suffer a small fluctuation and decline under the influence of supply and demand and raw materials.