JIANGSU KOLOD FOOD INGREDIENTS CO.,LTD.

FOCUS ON FOOD ADDITIVES AND CHEMICALS

Jiangsu Kolod Food Ingredients Co.,Ltd.

JIANGSU KOLOD

FOCUS ON FOOD ADDITIVES AND CHEMICALS

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Sulfuric acid Market Weekly Report

Sulfuric acid Market Weekly Report

2021.12.11 Industrynews 53

Price trend on Dec.08, 2021, the average market price of 98% acid was 590 yuan/ton, a decrease of 1.6% from last week, a decrease of 14.7% from the previous month, and an increase of 96.8% from the beginning of the year.  Market Highlights This week, the downstream demand of China's sulphuric acid market was weak and stable, with local ups and downs mixed. This week, the market price of sulfuric acid in North China, Central China, South China, and Southwest China dropped by RMB 20-60/ton. The acid price in Shandong has corrected, with an increase of 20-50 yuan/ton. Influencing factors in all aspects of the sulfuric acid market have not changed much.  Anticipation of the market outlook The current overall sulphuric acid market is in a downturn. Exports of downstream fertilizers are still limited, and the weak demand for sulfuric acid is difficult to alleviate in the short term. It is expected that the sulphuric acid market will continue the mainstream downward trend, and the rate of each round is expected to be 30-50 yuan/ton

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