Recent trends in sulfuric acid prices
According to the Commodity Market Analysis System of Business Society, the domestic sulfuric acid market price remained stable this week, with a price of 282.00 yuan/ton. The weekend price fell by 10.00% year-on-year.
The upstream market has slightly increased, while the downstream procurement enthusiasm is average
From the supply side perspective, the prices of mainstream domestic sulfuric acid manufacturers have remained stable this week, with average inventory levels among manufacturers.
From the perspective of the upstream and downstream industry chains, the sulfur market in the upstream has slightly increased, with sulfur prices rising from 1060.00 yuan/ton at the beginning of the week to 1096.67 yuan/ton over the weekend, an increase of 3.46%, and a year-on-year decrease of 28.94% over the weekend. The upstream market has slightly increased, with increased 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 fell by 2.78% year-on-year. The downstream titanium dioxide market has slightly declined, with market prices dropping from 16650.00 yuan/ton at the beginning of the week to 16483.33 yuan/ton over the weekend, a decrease of 1.00%, and a year-on-year increase of 3.45% over the weekend. The downstream market is consolidating at a low level, and downstream procurement enthusiasm is weak.
Slight fluctuation and decline in the future market
In late December, the domestic sulfuric acid market may experience a slight fluctuation and decline. Although the upstream sulfur market has slightly increased, cost support has increased. However, the downstream titanium dioxide market 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.
| http://www.polyvinylalcohols.com |