Product name: Sulfuric acid
Latest price (November 10th): 270.00 RMB/ton
Analysis review
On November 10th, the domestic sulfuric acid market price slightly increased, increasing by 8 RMB/ton compared to November 9th, an increase of 3.05%, and a year-on-year decrease of 33.17%.
The upstream sulfur market had recently slightly increased, with increased cost support. The downstream ammonium biphosphate market had slightly increased, and downstream customers had a good enthusiasm for purchasing sulfuric acid. Under multiple positive factors, the sulfuric acid market slightly increased.
Market outlook
In the future, it is expected that the domestic sulfuric acid market price may continue to rise slightly, with an average market price of around 275 RMB/ton.