Recent price trend of sulfuric acid

As can be seen from the above figure, the domestic sulfuric acid market price first rose and then fell this week. The sulfuric acid price first rose from 1141.67 yuan / ton on May 7 to 1190.00 yuan / ton on May 10, up 4.23%, and then fell to 1092.00 yuan / ton, down 8.24%, up 76.13% year-on-year compared with the same period last year. On May 12, the sulfuric acid commodity index was 169.96, unchanged from yesterday, down 9.63% from the highest point of 188.07 in the cycle (2022-04-13), and up 439.21% from the lowest point of 31.52 on June 6, 2019. (Note: the period refers to the period from September 1, 2011 to now)

The upstream cost support is strong and the downstream purchasing enthusiasm is weakened

Judging from the manufacturer’s quotation, the price of domestic mainstream sulfuric acid manufacturers fell slightly this week, the manufacturer’s inventory is general, and the downstream demand is weakened. Heze Jiangyuan sulfuric acid quoted 1100 yuan / ton this weekend, which fell 440 yuan / ton compared with last weekend; Zouping Tianlu sulfuric acid is quoted at 1000 yuan / ton this weekend, which is temporarily stable compared with last weekend; Changzhou Qinghong sulfuric acid quoted 1150 yuan / ton this weekend, which was temporarily stable compared with last weekend; Changzhou Changjiang sulfuric acid quoted 1150 yuan / ton this weekend, which was temporarily stable compared with last weekend; Xiangcheng San’an sulfuric acid is quoted at 1050 yuan / ton this weekend, which is temporarily stable compared with last weekend.

From the weekend, the price of sulfur industry rose by 383.53% year-on-year from the upstream / downstream market, which continued to rise by 33.53% over the same period last year. The downstream hydrofluoric acid market was consolidated at a high level, with the price of 11720.00 yuan / ton, up 11.62% year-on-year compared with the same period last year. The downstream titanium dioxide market fell slightly, and the price fell from 21033.33 yuan / ton last weekend to 20950.00 yuan / ton this weekend, down 0.40%, down 2.86% year-on-year compared with the same period last year. The downstream market fell slightly, and the downstream products had a negative impact on the price of sulfuric acid.

The market outlook fell slightly

In mid May, the domestic sulfuric acid market may fluctuate and fall slightly. The upstream sulfur market has gradually risen recently, and the cost support is good. The downstream hydrofluoric acid market was consolidated at a high level, the downstream titanium dioxide market fell slightly, the downstream customers’ enthusiasm for purchasing sulfuric acid weakened, and the product trend declined under the contradiction between supply and demand. Sulfuric acid analysts of business society believe that under the influence of supply and demand and raw materials in the domestic sulfuric acid Market in the short term, the market price of sulfuric acid may fluctuate and fall slightly.