SunSir: On June 14th, Domestic Sulfuric Acid Prices Increased by 2.20%
June 15 2023 09:30:37 SunSirs (John)
Product name: Sulfuric acid
Latest price (June 14th): 186.00 RMB/ton
Analysis review
On June 14th, the domestic sulfuric acid market price slightly increased, increasing by 4 RMB/ton compared to June 13th, an increase of 2.20%, and a year-on-year decrease of 82.71%. From the perspective of the upstream and downstream industry chains, the upstream sulfur market recently slightly increased, and cost support was increased. The downstream market for hydrofluoric acid and titanium dioxide stabilized at a low level, and downstream customers had average purchasing enthusiasm for sulfuric acid. Under the contradiction between supply and demand, the product trend was upward.
Market outlook
Recently, the domestic sulfuric acid market price may fluctuate upward slightly, with an average market price of around 190 RMB/ton.
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