Recent trends in sulfuric acid prices
| Azodicarbonamide (AC foaming Agent) |
According to the Commodity Market Analysis System of Business Society, the domestic sulfuric acid market prices have stabilized at a low level this week, with sulfuric acid prices at 182.00 yuan/ton. Weekend prices fell by 83.09% year-on-year. On June 11th, the sulfuric acid commodity index stood at 28.33, unchanged from yesterday and reaching a historic low within the cycle, a decrease of 84.94% from the highest point of 188.07 on April 13, 2022. (Note: The cycle refers to the period from September 1st, 2011 to the present)
Upstream market slightly rises, while downstream procurement enthusiasm is average
From the supply side perspective, the prices of mainstream domestic sulfuric acid manufacturers have temporarily stabilized this week, with average inventory levels among manufacturers.
| povidone Iodine |
From the perspective of the upstream and downstream industry chains, the upstream sulfur market has slightly increased, with sulfur prices rising from 820.00 yuan/ton at the beginning of the week to 840.00 yuan/ton at the weekend, an increase of 2.44%. Over the weekend, prices fell 78.86% year-on-year, with a slight increase in upstream prices and good cost support. The downstream hydrofluoric acid market has stabilized at a low level, with a market price of 9657.14 yuan/ton. Weekend prices fell by 17.18% year-on-year. The downstream titanium dioxide market has stabilized at a low level, with a market price of 16133.33 yuan/ton. Weekend prices fell by 21.75% year-on-year. The downstream market has stabilized at a low level, and the enthusiasm for downstream procurement has weakened.
Small fluctuations and gains in the future market
In mid to late June, the domestic sulfuric acid market may experience slight fluctuations and gains. The upstream sulfur market has slightly increased, with good cost support. The downstream titanium dioxide and hydrofluoric acid markets have stabilized at a low level, and downstream customers have a general enthusiasm for purchasing sulfuric acid. Under the contradiction between supply and demand, the product trend is upward. 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 slightly.
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