1、 Price trend

This week, the distribution price of sulfuric acid in Shandong Province was temporarily stable, with the quoted price of 32.50 yuan / ton. Overall, this week’s sulfuric acid market was temporarily stable, with the sulfuric acid commodity index of 50.19 on February 5.

2、 Market analysis

From the quotation of manufacturers, the price of mainstream sulfuric acid manufacturers in Shandong Province was temporarily stable this week, with large inventory and general downstream demand. Heze Jiangyuan quoted 400 yuan / ton at the weekend, down 20 yuan / ton compared with the beginning of the week; Zouping Tianlu quoted 320 yuan / ton at the weekend, up 20 yuan / ton compared with the beginning of the week; Jinan Yuanfei quoted 350 yuan / ton, temporarily stable compared with the beginning of the week; Taiyuan kunshengda quoted 120 yuan / ton at the weekend, 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 been consolidated at a high level recently, and the cost support is good. However, the market prices of monoammonium phosphate, diammonium phosphate and bromine in the downstream rose slightly, which had a positive impact on sulfuric acid.

3、 Future forecast

In the middle of February, 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.