1、 Price trend

According to the price monitoring of the business association, the sales price of sulfuric acid in Shandong fell slightly this week. The quotation dropped from 320.00 yuan / ton at the beginning of the week to 313.33 yuan / ton at the end of the week, down 2.08%, down 25.98% year on year. Overall, the sulfuric acid market fell slightly this week, with the sulfuric acid commodity index at 48.77 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 000 yuan / ton, which is temporarily stable compared with the beginning of the week; the weekend quotation of Zouping Tianlu is 190 yuan / ton, which is slightly lower than 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

After the adjustment in January, the capital return of each plant is in good condition, the equipment maintenance is completed, and the production capacity is increased. 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. Sulfuric acid analysts of business news agency believe that under the influence of supply and demand, raw materials and other aspects of the short-term Shandong market, the market of sulfuric acid is mainly low and consolidated.