Sulfuric acid prices in Shandong rose slightly this week (12.23-12.27)

1、 Price trend

 

According to the price monitoring of the business agency, the selling price of sulfuric acid in Shandong Province rose slightly this week. The quotation increased from 283.33 yuan / ton at the beginning of the week to 293.33 yuan / ton at the end of the week, down 2.02% year on year. Overall, sulfuric acid rose slightly this week, with the sulfuric acid commodity index at 45.65 on December 27

 

2、 Market analysis

 

(1) Products:

 

This week, the price of the mainstream sulfuric acid manufacturers in Shandong Province rose slightly, the inventory of manufacturers was small, and the downstream demand was good. The weekend quotation of Heze Jiangyuan is 240 yuan / ton, which is temporarily stable compared with the beginning of the week; the weekend quotation of Zouping Tianlu is 190 yuan / ton, which is 30 yuan / ton higher than the beginning of the week; the weekend quotation of Jinan Yuanfei is 450 yuan / ton, which is temporarily stable.

 

sodium persulphate

(2) Industrial chain:

 

In recent years, the domestic sulfur market continued to decline. The trading atmosphere in the downstream monoammonium market was not good, the trading volume was light, and the trading volume of new orders was not ideal. The market of diammonium was also low and consolidated, and the downstream demand was less. Sulfuric acid enterprises often issued early orders, short-term construction was insufficient, and the supply was slightly tight. This week, the domestic sulfuric acid plants operated smoothly, the market supply was relatively tight, the downstream gas buying was general, and the market turnover was limited.

 

3、 Future forecast

 

After the adjustment in November, the capital return of each plant is in good condition, the equipment maintenance is completed, and the production capacity is increased. The upstream sulfur price fell, the downstream construction was general, and the product trend fell under the contradiction between supply and demand. According to analysts of business and social sulfuric acid, the short-term market in Shandong is dominated by low consolidation under the influence of supply and demand and raw materials.

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