The price of sulfuric acid in Shandong rose this week (1.4-1.8)

1、 Price trend

 

Sulfamic acid 

This week, the distribution price of sulfuric acid in Shandong rose, from 422.50 yuan / ton at the beginning of the week to 430.00 yuan / ton at the end of the week, an increase of 1.78%. Overall, the sulfuric acid market rose this week, with the sulfuric acid commodity index at 49.42 on January 8.

 

2、 Market analysis

 

From the quotation of manufacturers, the price of mainstream sulfuric acid manufacturers in Shandong Province rose this week, the inventory of manufacturers was small, and the downstream demand was better. Heze Jiangyuan quoted 460 yuan / ton at the weekend, which was temporarily stable compared with the beginning of the week; Zouping Tianlu quoted 290 yuan / ton at the weekend, which was increased by 30 yuan / ton compared with the beginning of the week; Jinan Yuanfei quoted 400 yuan / ton, which was temporarily stable compared with the beginning of the week; Taiyuan kunshengda quoted 570 yuan / ton at the weekend, which was temporarily stable compared with the beginning of the week.

 

From the perspective of the upstream and downstream industry chain, the sulfur market in the upstream has dropped slightly recently, with general cost support. However, the market prices of monoammonium phosphate, diammonium phosphate and bromine in the downstream rose slightly, which had a positive impact on sulfuric acid. At the same time, in the near future, some sulphuric acid plants are under construction, the load is reduced, and the sulphuric acid supply is tight.

 

3、 Future forecast

 

In the middle of January, the sulfuric acid Market in Shandong may fluctuate slightly. The price of sulfur in the upper reaches has been consolidated at a high level in recent years, the market in the lower reaches is better, the purchasing enthusiasm of sulfuric acid in the lower reaches is normal, and the product trend 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.

http://www.sulfamic-acid.com

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