1、 Price trend

According to the price monitoring of the business agency, the selling price of sulfuric acid in Shandong fell slightly this week, with the quotation dropping from 330.00 yuan / ton at the beginning of the week to 313.33 yuan / ton at the end of the week, down 5.05%, 11.11% year-on-year. Overall, the sulfuric acid market fell slightly this week, with the sulfuric acid commodity index at 48.77 on April 10.

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 50 yuan / ton lower than that at the beginning of the week; the weekend quotation of Zouping Tianlu is 190 yuan / ton, which is temporarily stable compared with that at the beginning of the week; the weekend quotation of Jinan Yuanfei is 450 yuan / ton, which is temporarily stable.

（2） Industrial chain:

In recent years, the domestic sulfur and diammonium market has been highly consolidated, which has brought certain benefits to sulfuric acid, but the downstream monoammonium market has gradually declined, which has a negative impact on sulfuric acid. This week, the sulfuric acid plant operated smoothly, the enterprise started normal operation in a short period, and the supply was slightly tight.

3、 Future forecast

In the middle of April, the sulfuric acid Market in Shandong Province mainly fluctuated. The sulfur price in the upstream is high and consolidated, showing signs of decline. The demand in the downstream is general, and the product trend is downward 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.