1、 Price trend
This week, the distribution price of sulfuric acid in Shandong rose, from 322.50 yuan / ton at the beginning of the week to 342.50 yuan / ton at the end of the week, an increase of 6.20%. Overall, the sulfuric acid market rose this week, with the sulfuric acid commodity index at 53.31 on February 19.
2、 Market analysis
From the quotation of manufacturers, the price of mainstream sulfuric acid manufacturers in Shandong Province rose this week, with large inventory and general downstream demand. At the weekend, Heze Jiangyuan quoted 460 yuan / ton, up 60 yuan / ton compared with the beginning of the week; Zouping Tianlu quoted 340 yuan / ton, up 20 yuan / ton compared with the beginning of the week; Jinan Yuanfei quoted 400 yuan / ton, up 50 yuan / ton compared with the beginning of the week; Taiyuan kunshengda quoted 120 yuan / ton at the weekend, up 20 yuan / ton compared with the beginning of the week.
From the perspective of the upstream and downstream industry chain, the sulfur market in the upstream has been rising step by step recently, and the cost support is good. Moreover, the market prices of monoammonium phosphate, diammonium phosphate and bromine in the lower reaches were high, which had a positive impact on sulfuric acid.
3、 Future forecast
In late February, the sulfuric acid Market in Shandong may fluctuate slightly. The price of sulfur in the upper reaches has been rising step by step recently, while the market in the lower reaches is better. The purchasing enthusiasm of sulfuric acid in the lower reaches is normal, and the trend of products rises under the contradiction between supply and demand. Business community sulfuric acid analysts 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 small shock rise.