1、 Price trend
| Sodium Molybdate |
This week, the selling price of sulfuric acid in Shandong Province rose slightly, with the quotation rising from 412.50 yuan / ton at the beginning of the week to 427.50 yuan / ton at the end of the week, with an increase of 3.64%, 90% compared with the same period last year. Overall, the sulfuric acid market rose slightly this week, and the sulfuric acid commodity index on July 10 was 66.54.
2、 Market analysis
From the manufacturer’s quotation, the price of mainstream sulfuric acid manufacturers in Shandong Province rose slightly this week, with less inventory and stronger downstream demand. Heze Jiangyuan quoted 350 yuan / ton at the weekend, which was 50 yuan / ton higher than that at the beginning of the week; Zouping Tianlu offered 240 yuan / ton at the weekend, 10 yuan / ton higher than that at 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.
| Melamine |
From the perspective of the upstream and downstream industrial chain, the upstream sulfur market has been consolidation at a high level recently, with strong cost support. However, the market of monoammonium phosphate and diammonium phosphate in the lower reaches has a positive impact on sulfuric acid, while the low price consolidation of bromine has a negative 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 middle of July, the market of sulfuric acid in Shandong Province fluctuated slightly. The price of sulfur in the upstream was high, and the market in the downstream also rebounded. The demand for sulfuric acid in the downstream was up and down. Under the contradiction between supply and demand, the trend of products went up. 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.
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