SunSirs: On April 13th, Domestic Sulfuric Acid Prices Increased by 3.25%
April 14 2023 11:33:04 SunSirs (John)
Price trend
On April 13, the price of domestic sulfuric acid market was 265.00 RMB/ton, a slight increase of 8.33 RMB/ton, or 3.25% compared with that on April 12, and a year-on-year decrease of 78.07%.
Analysis review
From the perspective of the upstream and downstream industry chains, the upstream sulfur market had recently experienced a slight decline, cost support was insufficient. The downstream markets of hydrofluoric acid and titanium dioxide were consolidated at a high level, and downstream customers were more active in purchasing sulfuric acid. The product trend was upward under the contradiction between supply and demand.
Market outlook
In the near future, the price of domestic sulfuric acid market may rise slightly in shock, and the average market price is about 270 RMB/ton.
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