Recent trends in sulfuric acid prices

According to the Commodity Market Analysis System of Shengyishe, the domestic sulfuric acid market prices have dropped significantly this week. The price of sulfuric acid has dropped from 247.5 yuan/ton at the beginning of the week to 232.50 yuan/ton over the weekend, a decrease of 6.06%, and the weekend price has dropped by 16.96% year-on-year.

Upstream market slightly rises, downstream procurement enthusiasm weakens

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

From the perspective of the upstream and downstream industry chains, the sulfur market in the upstream has slightly increased, with sulfur prices rising from 926.67 yuan/ton at the beginning of the week to 936.67 yuan/ton over the weekend, an increase of 1.08%, and a year-on-year decrease of 27.95% over the weekend. The upstream market has slightly increased, with increased cost support. The downstream ammonium phosphate market has slightly declined, with market prices dropping from 3286.67 yuan/ton at the beginning of the week to 3253.33 yuan/ton over the weekend, a decrease of 1.01%, and a year-on-year decrease of 3.96% over the weekend. The downstream titanium dioxide market has slightly declined, with market prices dropping from 16400 yuan/ton at the beginning of the week to 16350 yuan/ton over the weekend, a decrease of 0.30%, and a year-on-year increase of 2.62% over the weekend. Overall, the downstream market for sulfuric acid has slightly declined, and downstream procurement enthusiasm is weak.

Slight fluctuation and decline in the future market

In late January, the domestic sulfuric acid market may experience a slight fluctuation and decline. The upstream sulfur market has slightly increased, with average cost support. The downstream market for monoammonium phosphate and titanium dioxide has slightly declined, and downstream customers have weakened their enthusiasm for purchasing sulfuric acid. 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.