SunSirs: On August 28th, Domestic Sulfuric Acid Prices Increased by 10.53%
August 29 2023 10:17:11 SunSirs (John)
Product name: Sulfuric acid
Latest price (August 28th): 294.00 RMB/ton
Analysis review
On August 28th, the domestic sulfuric acid market price significantly increased, with a price increase of 28 RMB/ton or 10.53% compared to August 25th, and a year-on-year decrease of 15.52%.
The upstream sulfur market recently stabilized at a high level, with good cost support. The downstream market for hydrofluoric acid and titanium dioxide had slightly increased, and downstream customers had a good enthusiasm for purchasing sulfuric acid. Multiple positive factors had led to an upward trend in product trends.
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 310 RMB/ton.
If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.
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