Recent trends in sulfuric acid prices

According to the Commodity Market Analysis System of Business Society, the domestic sulfuric acid market price has slightly increased this week. The sulfuric acid price has increased from 262.00 yuan/ton at the beginning of the week to 2700.00 yuan/ton at the weekend, an increase of 3.05%, and the weekend price has decreased by 26.23% year-on-year.

Upstream market slightly rises, while downstream procurement enthusiasm increases

From the supply side perspective, the prices of mainstream domestic sulfuric acid manufacturers have slightly increased this week, with average inventory levels among manufacturers.

From the perspective of the upstream and downstream industry chains, the upstream sulfur market has slightly increased, with sulfur prices rising from 946.67 yuan/ton at the beginning of the week to 970.00 yuan/ton at the weekend, an increase of 2.46%. Over the weekend, prices have decreased by 28.85% year-on-year. The upstream market has slightly increased, with good cost support. The downstream monoammonium phosphate market has seen a significant increase, with market prices rising from 3200.00 yuan/ton at the beginning of the week to 3466.67 yuan/ton over the weekend, an increase of 8.33%, and a year-on-year increase of 13.66% over the weekend. The downstream titanium dioxide market has stabilized at a high level, with a market price of 17300.00 yuan/ton. Over the weekend, the price increased by 8.58% year-on-year. The downstream market has significantly increased, and the enthusiasm for downstream procurement has increased.

Small fluctuations and gains in the future market

In mid to late November, the domestic sulfuric acid market may experience slight fluctuations and gains. The downstream market for monoammonium phosphate has significantly increased, and downstream customers have increased their enthusiasm for purchasing sulfuric acid. The upstream sulfur market has slightly increased, with good cost support. Under the contradiction between supply and demand, the product trend is upward. Business Society sulfuric acid analysts believe that in the short term, the domestic sulfuric acid market is mainly affected by various factors such as supply and demand and raw materials, and the sulfuric acid market price may fluctuate slightly.