Product name: Sulfuric acid
Latest price (August 7th): 178.00 RMB/ton
Analysis review
On August 7th, the domestic sulfuric acid market price significantly increased, with a price increase of 18 RMB/ton compared to August 4th, an increase of 11.25%, and a year-on-year decrease of 67.99%.
From the perspective of the upstream and downstream industry chains, the upstream sulfur market had continued to rise recently, with sufficient cost support. The downstream ammonium sulfate market had slightly increased, and downstream customers increased their enthusiasm for purchasing sulfuric acid. Multiple positive factors led to an upward trend in product trends.
Market outlook
In the future, it is expected that the domestic sulfuric acid market price may fluctuate upward slightly, with an average market price of around 190 RMB/ton.
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