Recent price trend of sulfuric acid

As can be seen from the figure above, the price of domestic sulfuric acid market fell slightly this week, from 366.00 yuan/ton at the end of last week to 346.00 yuan/ton at the end of this week, a decline of 5.46%. A year-on-year decrease of 52.82%. On November 20, the sulphuric acid commodity index was 53.85, unchanged from yesterday, down 71.37% from the cycle’s highest point of 188.07 (2022-04-13), and up 70.84% from the lowest point of 31.52 on June 6, 2019. (Note: Period refers to 2011-09-01 to now)

The upstream market fluctuates in a narrow range, while the downstream purchasing enthusiasm is average

From the manufacturer’s quotation, the price of domestic mainstream sulfuric acid manufacturers fell slightly this week, and the manufacturer’s inventory was average.

From the perspective of upstream and downstream industrial chains, the upstream sulfur market fluctuated in a narrow range. The sulfur price fluctuated at about 1356 yuan/ton, with an amplitude of 0.50%. Compared with the same period last year, it fell 35.18% year on year. The upstream market fluctuated at a low level, and the cost support was average. The downstream hydrofluoric acid market rose slightly, with the market price rising from 11157.14 yuan/ton at the end of last week to 11342.86 yuan/ton at the end of this week, up 1.66%. A year-on-year drop of 19.04%. The market price of titanium dioxide in the downstream market was adjusted at a low level, and the market price was 15,933.33 yuan/ton. A year-on-year decrease of 23.95%. Downstream market fluctuates with each other, and downstream purchasing enthusiasm is average.

The market fell slightly after shocks

In late November, the domestic sulfuric acid market was mainly down due to slight shock. The upstream sulfur market has been in a narrow range recently, with average cost support. Downstream hydrofluoric acid market rose slightly, while titanium dioxide and ammonium sulfate market declined slightly. Downstream customers were generally enthusiastic about purchasing sulfuric acid, and the product trend declined under the contradiction between supply and demand. According to the sulfuric acid analysts of the business community, the short-term domestic sulfuric acid market price may fall slightly due to the impact of supply and demand, raw materials and other aspects.