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 293.33 yuan / ton at the beginning of the week to 306.67 yuan / ton at the end of the week. Up 4.55%, down 2.13% year on year. Overall, sulfuric acid rose slightly this week, with the sulfuric acid commodity index at 47.73 on January 3

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 average. The weekend quotation of Heze Jiangyuan is 260 yuan / ton, which is 20 yuan / ton higher than that at the beginning of the week; the weekend quotation of Zouping Tianlu is 210 yuan / ton, which is also 20 yuan / ton higher than that at the beginning of the week; the quotation of Jinan Yuanfei is 450 yuan / ton, which is temporarily stable.

（2） Industrial chain:

In the near future, the domestic sulfur market has stopped falling and maintained stability. The downstream monoammonium market is generally traded in a light manner, and the new order transaction is not ideal. The market for diammonium is also low and consolidated. The downstream demand is less. Sulfuric acid enterprises have more early orders, short-term construction is insufficient, and supply is 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 December, 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 stopped falling and remained stable, while the downstream construction started generally, and the product trend rose 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.