I. 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 280.00 yuan / ton at the beginning of the week to 273.33 yuan / ton at the end of the week, down 2.38%, down 25.46% year on year. Overall, the sulfuric acid market fell slightly this week, with the sulfuric acid commodity index at 42.54 on December 13
| PVA 1799 (PVA BF17) |
II. Market analysis
(I) 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 240 yuan / ton, which is slightly lower than that at the beginning of the week, with a decrease of 20 yuan / ton; the weekend quotation of Zouping Tianlu is 130 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.
(II) industrial chain:
| PVA 1788 (PVA BP17) |
In recent years, the domestic sulfur market has declined slightly. The trading atmosphere in the downstream monoammonium market is not good, the trading volume is light, and the trading volume of new orders is not ideal. The market of diammonium is also low and consolidated, and the downstream demand is less. Sulfuric acid enterprises often issue early orders, short-term construction is insufficient, and the 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.
III. future forecast
After the adjustment in November, 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 fell, the downstream construction was general, and the product trend fell 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, the market position of sulfuric acid is mainly consolidated.
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