Recent trends in sulfuric acid prices

According to the Commodity Market Analysis System of Shengyishe, the domestic sulfuric acid market prices have slightly declined this week. The price of sulfuric acid has dropped from 292.00 yuan/ton at the beginning of the week to 288.00 yuan/ton at the end of the week, a decrease of 1.37%, and the weekend price has dropped by 4.53% year-on-year.

The upstream market is consolidating at a high level, while downstream procurement enthusiasm is weak

From the supply side perspective, the prices of mainstream domestic sulfuric acid manufacturers have slightly decreased this week, and the inventory levels of manufacturers are average.

From the perspective of the upstream and downstream industrial chains, the upstream sulfur market has stabilized at a high level, with sulfur prices at 1060.00 yuan/ton. Over the weekend, prices fell by 29.96% year-on-year. The upstream market is consolidating at a high level, with average cost support. The downstream ammonium phosphate market has remained stable at a high level, with a market price of 3500.00 yuan/ton. Over the weekend, the price decreased by 1.41% year-on-year. The downstream titanium dioxide market is consolidating at a low level, with a market price of 16650.00 yuan/ton. Over the weekend, the price increased by 4.50% year-on-year. The downstream market is consolidating at a low level, and downstream procurement enthusiasm is weak.

Slight fluctuation and decline in the future market

In mid to late December, the domestic sulfuric acid market may experience a slight fluctuation and decline. The downstream titanium dioxide market is consolidating at a low level, and downstream customers have weakened their enthusiasm for purchasing sulfuric acid. The upstream sulfur market is consolidating at a high level, with average cost support. The product trend is declining under the contradiction of supply and demand. Business Society sulfuric acid analysts believe that in the short term, the domestic sulfuric acid market is mainly affected by supply and demand, raw materials, and other factors, and the price of sulfuric acid may fluctuate slightly and fall.