SunSir: On June 30th, Domestic Sulfuric Acid Prices Fell by 2.04%
July 03 2023 10:47:11 SunSirs (John)
Product name: Sulfuric acid
Latest price (June 30th): 192.00 RMB/ton
Analysis review
On June 30th, the domestic sulfuric acid market price slightly decreased, with a decrease of 4 RMB/ton compared to June 29th, a decrease of 2.04%, and a year-on-year decrease of 80.76%.
From the perspective of the upstream and downstream industry chains, the upstream sulfur market recently experienced a slight decline, with insufficient cost support. The downstream market for hydrofluoric acid and titanium dioxide stabilized at a low level, and downstream customers' enthusiasm for purchasing sulfuric acid had weakened. Under the contradiction between supply and demand, the product trend had declined.
Market outlook
In the near future, the domestic sulfuric acid market price may fluctuate downward slightly, with an average market price of around 180 RMB/ton.
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