Recent price trend of sulfuric acid
As can be seen from the above figure, the domestic sulfuric acid market price fell this week, and the quotation fell from 753.33 yuan / ton last weekend to 725.00 yuan / ton this weekend, down 3.76%, up 74.70% year-on-year compared with the same period last year. Overall, the domestic sulfuric acid market fell slightly this week. On November 20, the sulfuric acid commodity index was 112.84, the same as yesterday, down 18.69% from the highest point of 138.78 in the cycle (2021-10-21), and up 257.99% from the lowest point of 31.52 on June 6, 2019.
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The upstream support is insufficient and the downstream procurement enthusiasm is weakened
From the manufacturer’s quotation, the price of mainstream domestic sulfuric acid manufacturers fell this week, the manufacturer’s inventory was general, and the downstream demand weakened. Heze Jiangyuan sulphuric acid quoted 880 yuan / ton this weekend, up 30 yuan / ton compared with last weekend; Zouping Tianlu sulfuric acid quoted 450 yuan / ton this weekend, which fell 150 yuan / ton compared with last weekend; Changzhou Qinghong sulfuric acid quoted 750 yuan / ton this weekend, down 50 yuan / ton compared with last weekend; Changzhou Changjiang sulfuric acid quoted 650 yuan / ton this weekend, which was temporarily stable compared with last weekend; Xiangcheng San’an sulfuric acid is quoted at 780 yuan / ton this weekend, which is temporarily stable compared with last weekend; Liaocheng Huatong sulfuric acid quoted 840 yuan / ton this weekend, which was temporarily stable compared with last weekend.
From the upstream and downstream industrial chain, the upstream sulfur market is temporarily stable this week, with a quotation of 2103.33 yuan / ton, a year-on-year increase of 121.40% compared with the same period last year, and the cost support is general. The downstream bromine market was temporarily stable, with a quotation of 68571.43 yuan / ton, a year-on-year increase of 112.08% over the same period last year. The downstream formic acid market is temporarily stable, with a quotation of 7500.00 yuan / ton, a year-on-year increase of 240.91% compared with the same period last year, and the downstream market is general. On the whole, the upstream and downstream products had a negative impact on the price of sulfuric acid this week.
The market outlook fell slightly
In late November, the domestic sulfuric acid market may fluctuate and fall slightly. The price of upstream sulfur has fallen slightly recently, the cost support is insufficient, the downstream bromine market has fallen slightly, the downstream formic acid market has fallen sharply, the downstream enthusiasm for purchasing sulfuric acid is general, and the product trend is downward under the contradiction between supply and demand. Sulfuric acid analysts of business society believe that under the influence of supply and demand and raw materials in the domestic sulfuric acid Market in the short term, the sulfuric acid market may fluctuate and decline slightly.
| Thiourea |