Recent trend of sulfuric acid price

As can be seen from the figure above, the price of sulfuric acid distribution in Shandong increased this week, from 613.33 yuan / ton at the beginning of the week to 623.33 yuan / ton at the end of the week, with an increase of 1.63%, 51.11% over the same period last year. Overall, the sulfuric acid market rose this week, with the sulfuric acid commodity index at 99.09 on July 9.

Downstream market boosted, purchasing intention strengthened

From the quotation of manufacturers, the price of mainstream sulfuric acid manufacturers in Shandong Province rose this week, the inventory of manufacturers was general, and the downstream demand was good. Heze Jiangyuan quoted 660 yuan / ton over the weekend, up 30 yuan / ton compared with the beginning of the week; Zouping Tianlu quoted 560 yuan / ton this weekend, which was temporarily stable compared with the beginning of the week; Jinan Yuanfei quoted 650 yuan / ton, which was temporarily stable compared with that at the beginning of the week.

From the perspective of the upstream and downstream industry chain, the sulfur market in the upstream has risen steadily in the near future, with the quotation rising from 1643.33 yuan / ton at the beginning of the week to 1646.67 yuan / ton at the end of the week, with an increase of 0.20%. Compared with the same period of last year, the price has increased by 152.04% year on year, with good cost support. Moreover, the bromine market in the lower reaches was in a high consolidation, with the quotation of 45850.00 yuan / ton this week, an increase of 72.52% over the same period last year. On the whole, the upstream and downstream products have a positive impact on the price of sulfuric acid this week.

After a small shock up

In the middle of July, the sulfuric acid Market in Shandong may rise slightly. The price of sulfur in the upper reaches has been consolidated at a high level recently, and the cost support is good. Moreover, the price of bromine in the lower reaches has also begun to rise. The purchasing enthusiasm of sulfuric acid in the lower reaches has been strengthened, and the product trend has risen under the contradiction between supply and demand. Business community sulfuric acid analysts believe that the short-term Shandong market in the supply and demand and raw materials and other aspects of the impact of sulfuric acid market or small shock rise.