1、 Price trend
This week, the selling price of sulfuric acid in Shandong was temporarily stable, with an offer of 427.50 yuan / ton, up 76.29% over the same period last year. Overall, this week’s sulfuric acid market temporarily stable, July 24 sulfuric acid commodity index was 66.54.
2、 Market analysis
From the manufacturer’s quotation, the price of mainstream sulfuric acid manufacturers in Shandong this week is temporarily stable, the manufacturers’ inventory is small, and the downstream demand is strong. Heze Jiangyuan quoted 350 yuan / ton at weekend, which was temporarily stable compared with the beginning of the week; Zouping Tianlu offered 240 yuan / ton at weekend, which was temporarily stable compared with the beginning of the week; Jinan Yuanfei quoted 550 yuan / T, which was temporarily stable compared with the beginning of the week; kunshengda of Taiyuan City quoted 570 yuan / T at the weekend, which was temporarily stable compared with the beginning of the week.
From the upstream and downstream industrial chain, the upstream sulfur market has declined slightly recently, and the cost support is generally. However, the market of monoammonium phosphate and diammonium phosphate in the lower reaches has increased, which has a positive impact on sulfuric acid, and the price of bromine has also hit the bottom and rebounded, which has a positive impact on sulfuric acid. At the same time, some sulfuric acid factories are short of operation recently, the load is reduced, and the supply of sulfuric acid is in short supply.
3、 Future forecast
In the last ten days of July, the market of sulfuric acid in Shandong Province was mainly up. Although the upstream sulfur price has dropped slightly recently, the downstream market has rebounded after hitting the bottom. The demand for sulfuric acid in the downstream is positive. The product trend is upward under the contradiction between supply and demand. The sulfuric acid analysts of the business agency 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 a small rise.