Product name: Sulfuric acid

Latest price (October 30th): 258.00 RMB/ton

Analysis review

On October 30th, the domestic sulfuric acid market price slightly decreased, with a decrease of 10 RMB/ton compared to October 27th, a decrease of 3.73%, and a year-on-year decrease of 36.15%.

The upstream sulfur market recently experienced a slight decline, with insufficient cost support. The downstream market for ammonium biphosphate and titanium dioxide had stabilized at a high level, and downstream customers had average enthusiasm for purchasing sulfuric acid. Sulfuric acid production was relatively good, and there was a high pressure on shipments. The manufacturer had lowered their quotation to seek orders.

Market outlook

In the future, it is expected that the domestic sulfuric acid market price may fluctuate downward slightly, with an average market price of around 250 RMB/ton.

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