Recent trends in sulfuric acid prices

According to the Commodity Market Analysis System of Business Society, the domestic sulfuric acid market price has slightly increased this week, with sulfuric acid prices rising from 312.00 yuan/ton at the beginning of the week to 316.00 yuan/ton at the end of the week, an increase of 1.28%. Weekend prices increased by 32.77% year-on-year.

Upstream market continues to rise, while downstream procurement enthusiasm is good

From the supply side perspective, the prices of mainstream domestic sulfuric acid manufacturers have slightly increased this week, with average inventory levels among manufacturers.

From the perspective of the upstream and downstream industry chains, the upstream sulfur market continues to rise, with sulfur prices rising from 1166.67 yuan/ton at the beginning of the week to 1176.67 yuan/ton at the weekend, an increase of 0.86%. The weekend price increased by 4.44% year-on-year. The upstream market has slightly increased, and cost support has increased. The downstream hydrofluoric acid market has stabilized at a high level, with a market price of 10100.00 yuan/ton. Weekend prices increased by 1.00% year-on-year. The downstream titanium dioxide market slightly increased, with market prices rising from 16700.00 yuan/ton at the beginning of the week to 16866.67 yuan/ton at the weekend, an increase of 1.00%. Weekend prices increased by 3.16% year-on-year. The downstream market has slightly increased, and downstream procurement enthusiasm is good.

Small fluctuation and decline in the future market

In mid to late September, the domestic sulfuric acid market may experience slight fluctuations and declines. Although the downstream titanium dioxide and hydrofluoric acid markets have stabilized at high levels, downstream customers have a good enthusiasm for purchasing sulfuric acid. However, there is a downward trend in the upstream sulfur market and insufficient cost support. Under the contradiction between supply and demand, the product trend is declining. Business Society sulfuric acid analysts believe that in the short term, the domestic sulfuric acid market is mainly affected by various factors such as supply and demand and raw materials, and the sulfuric acid market price may fluctuate and decline slightly.