I. price trend

According to the price monitoring of the business agency, the selling price of sulfuric acid in Shandong Province rose slightly this week. The quotation increased from 260.00 yuan / ton at the beginning of the week to 273.33 yuan / ton at the end of the week, up 5.13%, down 48.67% year on year. On the whole, sulfuric acid rose this week, with the sulfuric acid commodity index at 42.54 on October 18.

II. Market analysis

(I) products:

This week, the price of the mainstream sulfuric acid manufacturers in Shandong Province rose slightly, with less inventory and less downstream demand. The weekend quotation of Heze Jiangyuan is 240 yuan / ton, which is temporarily stable compared with the beginning of the week; the weekend quotation of Zouping Tianlu is 130 yuan / ton, which is 40 yuan / ton higher than the beginning of the week; the weekend quotation of Jinan Yuanfei is 450 yuan / ton, which is temporarily stable.

(II) industrial chain:

Recently, the domestic sulfur market bottomed out and rebounded. The trading atmosphere in the downstream monoammonium market was not good, the trading volume was light, and the trading volume of new orders was not ideal. The market of diammonium was also low and consolidated, and the downstream demand was less. Sulfuric acid enterprises often issued early orders, short-term construction was insufficient, and the supply was 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.

III. future forecast

After the adjustment in September, the capital return of each plant is in good condition, the equipment maintenance is completed, and the production capacity is increased. The upstream sulfur price bottomed out and rebounded, the National Day has passed, the downstream construction has increased, the downstream purchase intention has increased, and the products have risen under the contradiction of 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, the sulfuric acid market tends to rise.