SunSirs: On August 18th, Domestic Sulfuric Acid Prices Increased by 11.50%
August 21 2023 14:01:11 SunSirs (John)
Product name: Sulfuric acid
Latest price (August 18th): 252.00 RMB/ton
Analysis review
On August 18th, the domestic sulfuric acid market price significantly increased, with a price increase of 26 RMB/ton or 11.50% compared to August 17th, and a year-on-year decrease of 37.00%.
The upstream sulfur market continued to rise recently, with good cost support. The downstream titanium dioxide market had stabilized at a high level, and downstream customers had a good enthusiasm for purchasing sulfuric acid. Under multiple positive factors, the product trend was upward.
Market outlook
In the future, it is expected that the domestic sulfuric acid market price may fluctuate up slightly, with an average market price of around 280 RMB/ton.
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