The price of sulfuric acid in Shandong this week was temporarily stable (3.16-3.20)

1、 Price trend

 

According to the price monitoring of the business agency, the selling price of sulfuric acid in Shandong Province was temporarily stable this week, with a quotation of 323.33 yuan / ton, down 6.28% year-on-year from the same period last year. On the whole, the sulfuric acid market is stable this week, with the sulfuric acid commodity index of 50.32 on March 20.

 

2、 Market analysis

 

(1) Products:

 

ammonium persulfate

This week, the price of the mainstream sulfuric acid manufacturers in Shandong is temporarily stable, with small inventory and general downstream demand. The weekend quotation of Heze Jiangyuan is 350 yuan / ton, which is temporarily stable compared with the beginning of the week; the weekend quotation of Zouping Tianlu is 170 yuan / ton, which is temporarily stable compared with the beginning of the week; the weekend quotation of Jinan Yuanfei is 450 yuan / ton, which is temporarily stable.

 

(2) Industrial chain:

 

In recent years, the domestic upstream sulfur market has been rising steadily, which has brought certain benefits to sulfuric acid. The downstream monoammonium market has been consolidated at a high level, and the market of diammonium has also been rising, which seems to support the price of sulfuric acid as a whole. This week, the sulfuric acid plant operated smoothly, the enterprise started normal operation in a short period, and the supply was slightly tight.

 

3、 Future forecast

 

In late March, the sulfuric acid market or high consolidation in Shandong was dominated. The price of sulfur in the upstream is rising steadily, the demand in the downstream is high, and the product trend is up under the contradiction of supply and demand. According to analysts of business and social sulfuric acid, under the influence of supply and demand and raw materials, the sulfuric acid market is dominated by high consolidation.

http://www.pva-china.net

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