1、 Price trend
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This week, the selling price of sulfuric acid in Shandong Province rose slightly, with the quotation rising from 427.50 yuan / ton at the beginning of the week to 435.00 yuan / ton at the end of the week, up 1.75%. Overall, the sulfuric acid market rose this week, and the sulfuric acid commodity index on August 21 was 67.70.
2、 Market analysis
From the manufacturer’s quotation, the price of mainstream sulfuric acid manufacturers in Shandong Province rose slightly this week, with less inventory and stronger downstream demand. Heze Jiangyuan quoted 360 yuan / ton at the weekend, which was 10 yuan / ton higher than that at the beginning of the week; Zouping Tianlu offered 260 yuan / ton at the weekend, 20 yuan / ton higher than that at the beginning of the week; Jinan Yuanfei quoted 550 yuan / T, which was temporarily stable compared with the beginning of the week; kunshengda of Taiyuan City quoted 570 yuan / T at the weekend, which was temporarily stable compared with the beginning of the week.
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From the perspective of the upstream and downstream industrial chain, the upstream sulfur market has risen slightly recently, and the cost support is good. However, the market of monoammonium phosphate and diammonium phosphate in the lower reaches has a positive impact on sulfuric acid, and the price of bromine is also rising steadily. There are many favorable factors in the downstream. At the same time, some sulfuric acid factories are short of operation recently, the load is reduced, and the supply of sulfuric acid is in short supply.
3、 Future forecast
In the last ten days of August, the market of sulfuric acid in Shandong Province rose mainly due to small fluctuation. The price of sulfur in the upstream has risen slightly in recent years, and the downstream market has been consolidated at a high level. The demand for sulfuric acid in the downstream is positive, and the product trend is upward under the contradiction between supply and demand. The sulfuric acid analysts of the business agency 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 a small rise.
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