Recent trend of sulfuric acid price

As can be seen from the above figure, the sales price of sulfuric acid in Shandong Province fell this week, and the quotation fell from 536.67 yuan / ton at the beginning of the week to 520.00 yuan / ton at the weekend, down 3.11%, up 76.27% compared with the same period last year. Overall, the sulfuric acid market fell this week, with the sulfuric acid commodity index of 80.93 on May 28.

Downstream market is depressed, and purchasing willingness is not strong

From the manufacturer’s quotation, the main sulfuric acid manufacturers in Shandong Province fell this week, with the general inventory of manufacturers, and the downstream demand weakened. Heze river source quoted 550 yuan / ton at the weekend, which was 50 yuan / ton lower than that at the beginning of the week; Zouping Tianlu offered 360 yuan / ton this weekend, which is stable compared with the beginning of the week; Jinan Yuanfei quoted 650 yuan / ton, which is stable compared with that at the beginning of the week.

From the upstream and downstream industrial chain, the upstream sulfur market has risen slightly in the near future, with better cost support. The downstream isopropanol and hydrofluoric acid market has declined sharply, which has a negative effect on the sulfuric acid price as a whole.

Weak and stable operation of the rear Market

In early June, the sulfuric acid Market in Shandong Province was mainly down or slightly volatile. The upstream sulfur price has risen slightly in recent years, but the downstream market is poor, the downstream is generally active in the procurement of sulfuric acid, and the product trend is down under the contradiction between supply and demand. The sulfuric acid analysts of business agency think that the short-term Shandong market is mainly affected by supply and demand and raw materials, and the sulfuric acid market or a small fluctuation mainly falls.