1、 Price trend

According to the price monitoring of the business agency, the selling price of sulfuric acid in Shandong fell slightly this week. The quotation dropped from 323.33 yuan / ton at the beginning of the week to 306.67 yuan / ton at the end of the week, down 2.23%, down 21.37% year on year. Overall, the sulfuric acid market fell slightly this week, with the sulfuric acid commodity index at 47.73 on February 21

2、 Market analysis

（1） Products:

This week, the price of the mainstream sulfuric acid manufacturers in Shandong Province fell slightly, the inventory of manufacturers was small, and the downstream demand was general. The weekend quotation of Heze Jiangyuan is 300 yuan / ton, which is temporarily stable compared with that at the beginning of the week; the weekend quotation of Zouping Tianlu is 170 yuan / ton, which is slightly lower than that at the beginning of the week, which is 20 yuan / ton; the quotation of Jinan Yuanfei is 450 yuan / ton, which is temporarily stable.

（2） Industrial chain:

In recent years, the domestic sulfur market has been in low order consolidation, while the downstream monoammonium market has been in general trading, with light trading and unsatisfactory new orders. The market for diammonium has also been in low order consolidation, with less downstream demand. 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

In the first ten days of March, the sulfuric acid Market in Shandong Province was dominated by active low consolidation. The price of sulfur in the upstream is low, and the downstream is in general operation. Under the contradiction of supply and demand, the product trend is downward. 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.