Recent price trend of sulfuric acid

As can be seen from the above figure, the domestic sulfuric acid market price rose slightly this week, with the price of sulfuric acid rising from 248.33 yuan/ton at the end of last week to 256.67 yuan/ton at the end of this week, up 3.36%. Compared with the same period last year, it fell 67.44% year-on-year. On March 5, the sulfuric acid commodity index was 39.95, which was the same as yesterday. It was 78.76% lower than the highest point of 188.07 (2022-04-13) in the cycle, and 26.74% higher than the lowest point of 31.52 on June 6, 2019. (Note: the period refers to September 1, 2011 to now)

Upstream market fluctuates and rises, and downstream purchasing enthusiasm is good

From the manufacturer’s quotation, the price of domestic mainstream sulfuric acid manufacturers rose this week, and the manufacturer’s inventory was average.

From the perspective of the upstream and downstream industrial chains, the upstream sulfur market rose slightly, with the sulfur price rising from 1120.00 yuan/ton at the end of last week to 1143.33 yuan/ton at the end of this week, up 2.08%. Compared with the same period last year, the year-on-year decline was 52.36%, and the upstream market volatility rose, and the cost support increased. The downstream hydrofluoric acid market declined slightly, with the market price falling from 9828.57 yuan/ton at the end of last week to 9714.29 yuan/ton at the end of this week, down 1.16%. Compared with the same period last year, it fell 10.71% year-on-year. The market price of titanium dioxide in the downstream rose sharply, from 16183.33 yuan/ton at the end of last week to 16950.00 yuan/ton at the end of this week, up 4.74%. Compared with the same period last year, it fell 18.51% year-on-year. Downstream prices have risen and fallen each other, and downstream procurement enthusiasm is good.

Rising after a small shock

In the first ten days of March, the domestic sulfuric acid market may rise slightly. The upstream sulfur market has been fluctuating and rising recently, and the cost support has increased. Downstream ammonium sulfate and hydrofluoric acid market prices are low, and titanium dioxide market prices have risen sharply. Downstream customers have a good enthusiasm for purchasing sulfuric acid, and the product trend is upward under the contradiction between supply and demand. The sulphuric acid analyst of the Business Society believes that the short-term domestic sulphuric acid market is mainly affected by supply and demand, raw materials and other factors, and the sulphuric acid market price may rise slightly.