Recent trends in sulfuric acid prices

According to the Commodity Market Analysis System of Business Society, the domestic sulfuric acid market price has temporarily stabilized this week, with a sulfuric acid price of 178.00 yuan/ton. Weekend prices fell by 60.96% year-on-year.

The upstream market has significantly increased, while the 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.

From the perspective of the upstream and downstream industry chains, the upstream sulfur market continues to rise, with sulfur prices rising from 933.33 yuan/ton at the beginning of the week to 973.33 yuan/ton at the weekend, an increase of 4.29%. Over the weekend, prices fell by 13.86% year-on-year. 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 9483.33 yuan/ton. Weekend prices fell by 7.16% year-on-year. The downstream titanium dioxide market has stabilized at a high level, with a market price of 16000.00 yuan/ton. Weekend prices fell 11.44% year-on-year. The downstream market is average, and the enthusiasm for downstream procurement has weakened.

Small fluctuations and gains in the future market

In mid to late August, the domestic sulfuric acid market may experience slight fluctuations and gains. 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.