Recent trend of sulfuric acid price

As can be seen from the above figure, the distribution price of sulfuric acid in Shandong Province was temporarily stable this week, with the quoted price of 603.33 yuan / ton, up 101.11% compared with the same period last year. Overall, this week’s sulfuric acid market was temporarily stable, with the sulfuric acid commodity index at 93.90 on July 2.

Downstream market boosted, purchasing intention strengthened

From the quotation of manufacturers, the price of mainstream sulfuric acid manufacturers in Shandong this week is temporarily stable, the inventory of manufacturers is general, and the downstream demand is better. At the end of the week, Heze Jiangyuan quoted 630 yuan / ton, which was temporarily stable compared with the beginning of the week; Zouping Tianlu quoted 530 yuan / ton this weekend, which was temporarily stable compared with the beginning of the week; Jinan Yuanfei quoted 650 yuan / ton, which was temporarily stable compared with that at the beginning of the week.

From the perspective of the upstream and downstream industry chain, the sulfur market in the upstream has risen steadily in recent years, with the quotation rising from 1633.33 yuan / ton at the beginning of the week to 1643.33 yuan / ton at the end of the week, up 0.61%, 151.53% year-on-year compared with the same period last year, and the cost support is good. However, the bromine market in the lower reaches was consolidated at a high level, and the quoted price dropped from 46062.50 yuan / ton at the beginning of the week to 45875.00 yuan / ton at the end of the week, down 0.41%, up 71.32% year on year compared with the same period last year. On the whole, the upstream and downstream products have a positive impact on the price of sulfuric acid this week.

After a small shock up

In the first ten days of July, the sulfuric acid Market in Shandong may rise slightly. The price of sulfur in the upper reaches has been consolidated at a high level recently, and the cost support is good. Moreover, the price of bromine in the lower reaches has also begun to rise. The purchasing enthusiasm of sulfuric acid in the lower reaches has been strengthened, and the product trend has risen under the contradiction between supply and demand. Business community sulfuric acid analysts believe that the short-term Shandong market in the supply and demand and raw materials and other aspects of the impact of sulfuric acid market or small shock rise.