SunSirs: On September 1st, Domestic Sulfuric Acid Prices Increased by 6.12%
September 04 2023 10:39:33 SunSirs (John)
Product name: Sulfuric acid
Latest price (September 1st): 312.00 RMB/ton
Analysis review
On September 1st, the domestic sulfuric acid market price significantly increased, with a price increase of 18 RMB/ton compared to August 31st, an increase of 6.12%, and a year-on-year increase of 23.81%.
The upstream sulfur market continued to rise recently, and cost support increased. 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 have 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 340 RMB/ton.
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