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SunSirs: On November 10th, Domestic Sulfuric Acid Prices Increased by 3.05%
November 13 2023 14:14:20SunSirs(John)

Product name: Sulfuric acid

Latest price (November 10th): 270.00 RMB/ton

Analysis review

On November 10th, the domestic sulfuric acid market price slightly increased, increasing by 8 RMB/ton compared to November 9th, an increase of 3.05%, and a year-on-year decrease of 33.17%.

The upstream sulfur market had recently slightly increased, with increased cost support. The downstream ammonium biphosphate market had slightly increased, and downstream customers had a good enthusiasm for purchasing sulfuric acid. Under multiple positive factors, the sulfuric acid market slightly increased.

Market outlook

In the future, it is expected that the domestic sulfuric acid market price may continue to rise slightly, with an average market price of around 275 RMB/ton.

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