1、 Price trend

This week, the selling price of sulfuric acid in Shandong Province was temporarily stable, offering 285.00 yuan / ton, up 37.35% year on year. Overall, sulfuric acid market this week was temporarily stable, with the sulfuric acid commodity index at 44.36 on June 12.

2、 Market analysis

From the manufacturer’s quotation, the price of mainstream sulfuric acid manufacturers in Shandong this week is temporarily stable, the manufacturer’s inventory is small, and the downstream demand is low. The weekend quotation of Heze Jiangyuan is 260 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 300 yuan / ton, which is temporarily stable compared with the beginning of the week; the weekend quotation of Taiyuan kunshengda is 410 yuan / ton, which is temporarily stable compared with the beginning of the week.

From the perspective of upstream and downstream industrial chain, the upstream sulfur price has increased slightly in recent years, which supports the price of sulfuric acid. However, the market of monoammonium phosphate and diammonium phosphate in the lower reaches has gradually declined, which has a negative impact on sulfuric acid, and the sharp drop of bromine price also has a negative impact on sulfuric acid.

3、 Future forecast

In the middle of June, the sulfuric acid Market in Shandong Province may fluctuate slightly. Although the upstream sulfur price rose slightly, the downstream market fell seriously, the downstream demand for sulfuric acid decreased, and the product trend fell under the contradiction between supply and demand. According to analysts of business association sulfuric acid, under the influence of supply and demand and raw materials in Shandong market in the short term, sulfuric acid market may decline slightly.