Recent price trend of sulfuric acid
As can be seen from the above figure, the domestic sulfuric acid market price increased slightly this week, and the quotation increased from 630.00 yuan / ton last weekend to 636.37 yuan / ton this weekend, an increase of 1.06%, a year-on-year increase of 45.52% compared with the same period last year. Overall, the domestic sulfuric acid market rose slightly this week. On December 17, the commodity index of sulfuric acid was 99.09, up 0.52 points from yesterday, down 28.60% from the highest point of 138.78 points in the cycle (2021-10-21), and up 214.37% from the lowest point of 31.52 points on June 6, 2019. (Note: cycle refers to the period since September 1, 2011)
The upstream support is good, and the downstream procurement enthusiasm is general
From the manufacturer’s quotation, the price of domestic mainstream sulfuric acid manufacturers increased slightly this week, the manufacturer’s inventory is general, and the downstream demand is general. Heze Jiangyuan sulphuric acid quoted 890 yuan / ton this weekend, up 20 yuan / ton compared with the beginning of the week; Zouping Tianlu sulfuric acid quoted 520 yuan / ton this weekend, up 70 yuan / ton compared with the beginning of the week; Changzhou Qinghong sulfuric acid is quoted at 700 yuan / ton this weekend, which is temporarily stable compared with that at the beginning of the week; Changzhou Changjiang sulphuric acid quoted 600 yuan / ton this weekend, down 50 yuan / ton compared with the beginning of the week; Xiangcheng San’an sulfuric acid is quoted at 650 yuan / ton this weekend, which is temporarily stable compared with that at the beginning of the week; Liaocheng Huatong sulfuric acid quoted 460 yuan / ton this weekend, which was temporarily stable compared with the beginning of the week.
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From the upstream and downstream industrial chain, the upstream sulfur market rose slightly this week. The quotation increased from 1933.33 yuan / ton at the beginning of the week to 1956.67 yuan / ton at the end of the week, an increase of 1.21%, up 93.09% year-on-year compared with the same period last year. The upstream market stopped falling and rebounded, and the cost support was strengthened. The downstream bromine market fell slightly, and the quotation fell from 62857.14 yuan / ton last weekend to 59714.29 yuan / ton this weekend, down 5.00%, up 80.35% year-on-year compared with the same period last year. The downstream formic acid market rose slightly. The quotation rose from 4200.00 yuan / ton at the beginning of the week to 4233.33 yuan / ton at the end of the week, an increase of 0.79%, up 84.06% year-on-year compared with the same period last year. The downstream markets rose and fell with each other. On the whole, the upstream and downstream products have a positive impact on the price of sulfuric acid this week.
Market outlook rose slightly
In late December, the domestic sulfuric acid market mainly rose slightly. The upstream sulfur market has stopped falling and rebounded recently, and the cost support is good. Although the downstream bromine market has been falling, the downstream formic acid market has risen this week. Downstream customers have good enthusiasm for purchasing sulfuric acid, and the product trend is upward 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 short-term domestic sulfuric acid market, the market price of sulfuric acid may rise slightly.
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