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 price has slightly declined this week, with sulfuric acid prices dropping from 162.00 yuan/ton at the beginning of the week to 152.00 yuan/ton at the end of the week, a decrease of 6.17%. Weekend prices fell 80.46% year-on-year.
Upstream market slightly rises, while downstream procurement enthusiasm weakens
From the supply side perspective, the prices of mainstream domestic sulfuric acid manufacturers have slightly decreased 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 830.00 yuan/ton at the beginning of the week to 876.67 yuan/ton at the weekend, an increase of 5.62%, and a year-on-year decrease of 46.54% over the weekend. The upstream market has slightly increased, and cost support has increased. The downstream hydrofluoric acid market has stabilized at a low level, with a market price of 9585.71 yuan/ton. Weekend prices fell 10.41% year-on-year. The downstream titanium dioxide market has stabilized at a low level, with a market price of 15516.67 yuan/ton. Weekend prices fell 17.76% year-on-year. The downstream market has stabilized at a low level, and the enthusiasm for downstream procurement has weakened.
Small fluctuation and decline in the future market
In late July, the domestic sulfuric acid market may experience a slight fluctuation and decline. Although the upstream sulfur market has slightly increased, cost support is good. However, the downstream titanium dioxide and hydrofluoric acid markets have stabilized at a low level, and downstream customers’ enthusiasm for purchasing sulfuric acid has weakened. Under the contradiction between supply and demand, the product trend has declined. 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.
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