SunSirs: On April 18th, Domestic Sulfuric Acid Prices Fell by 5.03%
April 19 2023 13:15:58 SunSirs (John)
Product name: Sulfuric acid
Latest price (April 18th): 251.67 RMB/ton
Analysis review
On April 18, the price of domestic sulfuric acid market fell slightly, 13.33 RMB/ton lower than that on April 17, a 5.03% drop, and 79.11% lower than that on the same period last year.
From the perspective of the upstream and downstream industry chains, the upstream sulfur market has recently experienced a slight decline, and 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 declined under the contradiction between supply and demand.
Market outlook
In the near future, the price of domestic sulfuric acid market may fluctuate and fall slightly, and the average market price is about 240 RMB/ton.
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