Recent price trend of sulfuric acid

As can be seen from the above figure, the domestic sulfuric acid market price fell this week, and the quotation fell from 871.67 yuan / ton at the beginning of the week to 866.67 yuan / ton at the end of the week, a decrease of 0.57%, a year-on-year increase of 118.03% compared with the same period last year. Overall, the sulfuric acid market fell this week, and the sulfuric acid commodity index was 134.89 on October 15.

The downstream market was boosted and the willingness to purchase was strengthened

From the manufacturer’s quotation, the prices of mainstream domestic sulfuric acid manufacturers fell this week, the manufacturer’s inventory was general, and the downstream demand was good. The quotation of Heze Jiangyuan sulfuric acid at the weekend is 900 yuan / ton, which is temporarily stable compared with that at the beginning of the week; Zouping Tianlu sulfuric acid is quoted at 720 yuan / ton this weekend, which is temporarily stable compared with that at the beginning of the week; Changzhou Qinghong sulfuric acid offers 1000 yuan / ton at the weekend, which is 50 yuan / ton lower than that at the beginning of the week; Changzhou Changjiang sulphuric acid quoted 850 yuan / ton at the weekend, down 50 yuan / ton compared with the beginning of the week; The quotation of Xiangcheng San’an sulfuric acid at the weekend is 980 yuan / ton, which is temporarily stable compared with that at the beginning of the week; Liaocheng Huatong sulfuric acid quoted 750 yuan / ton at the weekend, an increase of 70 yuan / ton compared with the beginning of the week.

From the perspective of upstream and downstream industrial chains, the upstream sulfur market rose slightly last week. The quotation increased from 1970.00 yuan / ton at the beginning of the week to 2036.67 yuan / ton at the end of the week, an increase of 3.38%, a year-on-year increase of 128.84% compared with the same period last year, with good cost support. The downstream bromine market rose slightly, and the quotation increased from 67125.00 yuan / ton at the beginning of the week to 69500.00 yuan / ton at the end of the week, an increase of 3.54%, a year-on-year increase of 123.39% compared with the same period last year. The downstream formic acid market rose slightly. The quotation increased from 8016.67 yuan / ton at the beginning of the week to 8050.00 yuan / ton at the end of the week, an increase of 0.42%, a year-on-year increase of 289.52% compared with the same period last year. On the whole, the upstream and downstream products had a positive impact on the price of sulfuric acid this week.

Market outlook rose slightly

In late October, the sulfuric acid Market in Shandong Province mainly rose slightly. The upstream sulfur price has recently been adjusted at a high level, with good cost support. The downstream bromine market has risen sharply, and the downstream formic acid market has been adjusted at a high level. The downstream has strengthened its enthusiasm for purchasing sulfuric acid, and the product trend is upward under the contradiction between supply and demand. Business society sulfuric acid analysts believe that under the influence of supply and demand and raw materials in the domestic sulfuric acid Market in the short term, the sulfuric acid market may rise slightly.