Sulfuric acid prices in Shandong fell slightly this week (4.13-4.17)

1、 Price trend

 

According to the price monitoring of the business agency, the selling price of sulfuric acid in Shandong fell slightly this week, with the quotation dropping from 313.33 yuan / ton at the beginning of the week to 285.00 yuan / ton at the end of the week, down 9.04%, 24,50% compared with the same period last year. Overall, the sulfuric acid market fell slightly this week, with the sulfuric acid commodity index at 44.36 on April 17.

 

2、 Market analysis

 

(1) Products:

 

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This week, the price of the mainstream sulfuric acid manufacturers in Shandong Province fell slightly, the inventory of manufacturers was small, and the downstream demand was general. The weekend quotation of Heze Jiangyuan is 320 yuan / ton, 20 yuan / ton higher than that at the beginning of the week; the weekend quotation of Zouping Tianlu is 210 yuan / ton, 20 yuan / ton higher than that at the beginning of the week; the quotation of Jinan Yuanfei is 200 yuan / ton, 250 yuan / ton lower than that at the beginning of the week.

 

(2) Industrial chain:

 

In recent years, the domestic sulfur and diammonium market has been highly consolidated, which has brought certain benefits to sulfuric acid, but the downstream monoammonium market has gradually declined, which has a negative impact on sulfuric acid. This week, the sulfuric acid plant operated smoothly, the enterprise started normal operation in a short period, and the supply was slightly tight.

 

3、 Future forecast

 

In late April, the sulfuric acid Market in Shandong Province was mainly fluctuating. The sulfur price in the upstream is high and consolidated, showing signs of decline. The demand in the downstream is general, and the product trend is downward under the contradiction between supply and demand. According to analysts of business association sulfuric acid, under the influence of supply and demand and raw materials in Shandong market in the short term, sulfuric acid market may decline slightly.

http://www.lubonchem.com/

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