Recent trends in sulfuric acid prices
| povidone Iodine |
According to the Commodity Market Analysis System of the Business Society, the domestic sulfuric acid market price has temporarily stabilized this week, with a sulfuric acid price of 160.00 yuan/ton. Weekend prices fell 71.22% 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 temporarily stabilized this week, with average inventory levels among manufacturers.
| Azodicarbonamide (AC foaming Agent) |
From the perspective of the upstream and downstream industry chains, the upstream sulfur market has slightly increased, with sulfur prices rising from 846.67 yuan/ton at the beginning of the week to 886.67 yuan/ton at the weekend, an increase of 4.72%, and a year-on-year decrease of 18.40% over the weekend. The upstream market has slightly increased, and cost support has increased. The downstream hydrofluoric acid market slightly declined, with market prices dropping from 9566.67 yuan/ton at the beginning of the week to 9483.33 yuan/ton at the weekend, a decrease of 0.87%. Weekend prices fell by 7.16% year-on-year. The downstream titanium dioxide market has stabilized at a low level, with a market price of 16000.00 yuan/ton. Weekend prices fell 11.44% year-on-year. The downstream market has slightly declined, and the enthusiasm for downstream procurement has weakened.
Small fluctuation and decline in the future market
In mid July, the domestic sulfuric acid market may fluctuate slightly and rise mainly. Although the downstream titanium dioxide and hydrofluoric acid markets have stabilized at a low level, downstream customers have average enthusiasm for purchasing sulfuric acid. However, the upstream sulfur market has continued to rise recently, with good cost support. 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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