SunSirs: On July 28th, Domestic Sulfuric Acid Prices Increased by 5.26%
July 31 2023 10:29:04 SunSirs (John)
Product name: Sulfuric acid
Latest price (July 28th): 160.00 RMB/ton
Analysis review
On July 28th, the domestic sulfuric acid market price slightly increased, an increase of 8 RMB/ton or 5.26% compared to July 27th, and a year-on-year decrease of 78.61%. From the perspective of the upstream and downstream industry chains, the upstream sulfur market recently stabilized at a high level, with good cost support. The downstream titanium dioxide market slightly increased, and downstream customers had increased their enthusiasm for purchasing sulfuric acid. Under the contradiction between supply and demand, the product trend was upward.
Market outlook
In the future, it is expected that the domestic sulfuric acid market price may fluctuate upward slightly, with an average market price of around 170 RMB/ton.
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