1、 Price trend

According to the data of the business club’s block list, the domestic xylene market price showed a downward trend this week. Xylene price was 4060 yuan / ton on December 20, and 3954 yuan / ton on this Sunday (December 27), down 104 yuan / ton or 2.61% compared with last week.

2、 Analysis and comment

During the week, Sinopec’s xylene prices in East and central China were reduced by about 150 yuan / ton, while those in South and North China were reduced by 100 yuan / ton. Xylene inventory in East China ports this week was about 88700 tons, a month on month decrease of 18000 tons. During the week, crude oil fell due to bad news, which led to the weakness of xylene external market, while the domestic xylene market fell. Downstream PTA, PX, ox and other weak demand; this week’s gasoline price volatility, weak market atmosphere. Xylene holders are reluctant to sell at low prices and wait and see the price trend of crude oil and refined oil.

In terms of crude oil, a more infectious new crown mutant virus was found in the UK last weekend. Most cities in the UK implemented strict City closure measures. The market worried that the demand for crude oil would be frustrated again, and crude oil fell due to bad news. Friday is the Christmas holiday, crude oil information is not available. Compared with December 18, Brent fell $1.575/barrel, or 3.03%; WTI fell $1.01/barrel, or 2.05%. Compared with December 31, 2019, Brent decreased by 24.52% and WTI decreased by 20.64%.

Downstream, in the PX market, the domestic PX price was stable this week, and the listed price of Sinopec’s enterprises was about 4300 yuan / ton, down 35.82% year on year. PX market based on demand procurement, price stability. As of December 24, the closing prices of p-xylene market in Asia were US $601-591 / T FOB Korea and US $619-621 / T CFR China.

In terms of PTA market, the price of PTA in East China rose after falling this week. Compared with last week, the overall price of PTA fell by 25 yuan / ton, or 0.68%, down 25.87% year on year. PTA due to limited maintenance efforts, supply is high, as of December 24, PTA industry operating rate in the vicinity of 85%. In terms of inventory, the downstream polyester started, but it was difficult to further improve due to the “double 11″ and the basic end of Christmas orders, which led to a substantial accumulation of domestic PTA inventory again.

In the ox market, ox prices fell sharply this week. The price of ox in East China was 5000 yuan / ton, down 500 yuan / ton or 9.09% from last week. The cost of o-benzene is weak, and the rising power is insufficient; the price of downstream phthalic anhydride plummeted in December, which is bad for o-benzene market, and the demand for o-benzene decreased, and the insufficient demand dragged down the price of o-benzene plummeting. In the future, the good news of o-benzene market weakened and the bad news increased.

3、 Future forecast

Xylene analysts of business society chemical branch think: first, look at the supply cost side, the implementation of OPEC + production reduction, the total number of us oil wells, weekly EIA and API inventory data. Second, on the demand side, the impact of the worsening global epidemic on crude oil demand, the progress of industrial chain recovery, the economic and trade situation in Europe and the United States, and the progress of economic recovery and rescue plan. Third, look at the geopolitical situation in the Middle East and China and the United States, the progress of new crown vaccine research and development, the dollar index and stock market linkage.

Friday is Christmas, crude oil market demand is expected to decline, coupled with uncertainty in the crude oil market, toluene is expected to be weak next Tuesday. The downstream demand is weak, xylene price has great resistance to break through upward, and focus on the trend of gasoline price.

1、 Nitric acid market price trend chart

Nitric acid price curve

According to the monitoring of business news agency, the average price of nitric acid in domestic areas was 2066 yuan / ton at the beginning of this week, and 2050 yuan / ton at the weekend, down 0.81%.

2、 Market analysis

Anhui Jinhe quoted 2000 yuan / ton, down 50 yuan / ton compared with last week; Shandong helitai Chemical Co., Ltd. quoted 2200 yuan / ton, flat compared with last week; Huainan Aodeli chemical products Sales Co., Ltd. quoted 2030 yuan / ton of concentrated nitric acid, down 50 yuan / ton compared with last week; Shaanxi Xinghua Chemical quoted 1950 yuan / ton; Wenshui Synthetic Chemical Co., Ltd. quoted 19 yuan / ton of concentrated nitric acid The price of dilute nitric acid is 810 yuan / ton, and that of concentrated nitric acid is the same as last week. Nitric acid market is slowing down, and some areas are adjusting down.

According to the monitoring of business society, the average price of upstream liquid ammonia at the beginning of this week was 3233 yuan / ton, and that at the end of this week was 3290 yuan / ton, up 1.75%; the average price of downstream aniline was temporarily stable this week, with an average price of 7733 yuan / ton; the average price of downstream TDI was temporarily stable this week.

3、 Future forecast

Upstream liquid ammonia support, business community nitric acid analysts expect, nitric acid price decline space is limited.

Price trend

According to the monitoring of the business agency, the domestic caprolactam market will fall sharply in 2020, and it will return to the price level at the beginning of the year, and the overall performance will be weak. As of December 22, the average offer price of caprolactam sample enterprises was 11300 yuan / ton, only 3.04% higher than the average price level at the beginning of the year. This year, almost all industries have been impacted to varying degrees, such as global health events, anti globalization trade war, and the game between crude oil producing areas, etc., which may be unbearable in 2020, but is there any imbalance in caprolactam industry itself. Business agency analysts take you back to the domestic caprolactam market this year.

Cause analysis

In the beginning of 2020, the situation in the Middle East will become tense, crude oil will rise, pure benzene market will rise, and cyclohexanone cost pressure will increase. Caprolactam slightly increased depending on raw material price support and logistics resistance. With the influence of social public events, all the good and bad suddenly stopped. Crude oil fell sharply, and the demand for pure benzene was very limited. At the same time, the transportation restriction is more serious, and the overall trading atmosphere of the market is not active, just like the manager has a long holiday, and the market is stagnant. Caprolactam went down all the way for the rest of the first quarter. On April 7, it dropped from the annual low of 7833.33 yuan / ton, a decrease of 28.57% compared with the beginning of the year.

The turning point appeared in mid April, and a number of economic stimulus strategies were promulgated at home and abroad. Due to the change of crude oil and raw material pure benzene price, caprolactam price began to stop falling and rise. In addition, the recovery growth and ultra-low rebound brought about by the resumption of production and work, the downstream purchase of pure benzene was active, and the price of pure benzene recovered nearly 30% in the short term, and some areas of Shandong even had tight supply. At the same time, the downstream polyamide polymerization plant resumed production, and the situation of caprolactam supply shortage even lasted until May. Cost side and demand side jointly push up caprolactam spot, but there is a certain contradiction between supply and demand of PA6 callback range is very limited, the support for caprolactam is hard to say stable. Domestic pure benzene price was also higher than the import price, stagflation domestic spot.

The domestic market demand for caprolactam is not warm for a long time, and the spot price can only passively follow the ups and downs of upstream. To the third quarter, raw material prices continued to fall in early July, caprolactam cost support weakened, followed by the upstream. Then the pressure of pure benzene delivery was released rapidly, and the price rose sharply. The consumption of caprolactam was weak and the follow-up was lagging behind. The rally came late in August and September. And September is the traditional peak season of downstream PA6, and the industry is looking forward to the positive market brought by large demand. However, PA6′s response to “Jinjiu” was cold, and the consumption of PA6 dropped.

In September, the peak season of PA6 downstream of caprolactam was not prosperous, and some enterprises resumed production, resulting in a standstill of pure benzene. Among them, the transaction of PA6 high-speed spinning chips is particularly slow, and the downstream factories are generally hoarding goods in conventional spinning, which is detrimental to the spot price of caprolactam. Fortunately, the “silver 10″ recovered some gains, but this time the market is not so direct. According to the monitoring of the business agency, the market of PA6 was strong after the October Festival, and the downstream staple fiber and wrapping yarn enterprises were more active in resuming work after the festival, but the demand for replenishment failed to maintain, and the conventional spinning chips were weak at the end of October. The main advantage of caprolactam rise in the fourth quarter is the maintenance and load reduction operation of many enterprises. Orchid science and technology innovation, Zhejiang Juhua and Shandong Haili concentrated parking and maintenance, aggravating the supply shortage pattern. On site supply decreased, inventory position decreased, Sinopec high-end caprolactam increased to increase market confidence. By the end of the year, some enterprises resumed work, but the operating rate was still not high, and the pattern of tight supply remained unchanged. Caprolactam continues to be supported by the supply side. Large domestic caprolactam factories generally increase the ex factory price, and the market demand atmosphere remains firm.

Year end overview

Business agency analysts believe: caprolactam market in 2020 will be depressed first and then rise, and the price center of gravity will be recovered. At the end of the year, both supply and Inventory were low, and the downstream load level was high. At present, the atmosphere of caprolactam is acceptable. It is expected that the market will maintain a positive operation in the short term. But overall, the demand is not strong, almost throughout the year, analysts worry that the temporary supply side will not boost prices for a long time. The health of caprolactam industry is inseparable from the coordinated development of the upstream and downstream of the industrial chain.

According to the monitoring of the business agency, the price index of domestic rare earth market has declined, the price of praseodymium and neodymium in China has continued to decline, the price of terbium series market has remained at a high level, and the domestic rare earth market price has dropped slightly. According to the rare earth plate index of business society, the rare earth index on December 18 was 412 points, which was the same as yesterday, which was 58.80% lower than the highest point of 1000 points (December 06, 2011) On September 13, 2015, the lowest point 271 was up 52.03%. (Note: period refers to 2011-12-01 to now).

It can be clearly seen from the rare earth index chart that the domestic rare earth prices continued to fall this week, and the recent rare earth market changes frequently, and the market prices have been falling. In terms of products:

It can be clearly seen from the product price trend chart that the domestic prices of PR Nd oxide, PR nd alloy, Nd 2O 3 and Nd metal decreased slightly. As of December 18, the price of PR Nd oxide in domestic rare earth was 399500 yuan / T, with a decline of 0.75% this week; the price of PR nd alloy was 502500 yuan / T, with a decrease of 0.99% this week; the price of neodymium oxide was 492500 yuan / T, which fell this week The price of neodymium was 592500 yuan / ton, a decrease of 0.84%; the price of praseodymium oxide and praseodymium metal also declined to varying degrees, and the market price of light rare earth continued to decline slightly in recent years.

In recent years, domestic sales of new energy vehicles are normal, and wind power, electronic products and other terminal industries are developing rapidly. With the slowing down of the epidemic situation, downstream manufacturers’ capacity utilization rate is normal, and the demand for NdFeB is mainly on demand. However, the demand for NdFeB is still high. However, some time ago, merchants have been active in purchasing, and their stocks are high. Recently, the market price of light rare earth is gradually falling. Recently, the demand and stock up situation of permanent magnet manufacturers has come to an end, and overseas demand is relatively normal. With the official entry into force of the export control law of the people’s Republic of China on December 1, the market expects that China’s rare earth export will be further reduced, and the global rare earth supply may further shrink. At that time, the supply of rare earth will be more tense, but the domestic demand for rare earth is general, and the price of rare earth market will rise and fall 。 Recently, the domestic heavy rare earth market terbium series price maintains the high level, but the direct market price trend this week is temporarily stable.

It can be seen from the trend chart that the price trend of domestic direct line is temporarily stable. As of the 18th day, the price of dysprosium oxide was 1930000 yuan / ton, which was flat this week; the price of dysprosium ferroalloy was 1.92 million yuan / ton, and the price of metal dysprosium was 2.425 million yuan / ton, but the domestic price of terbium series continued to rise, with 6.8 million yuan / ton of terbium oxide, 8.65 million yuan / ton of terbium oxide, and the price of terbium series rose to 10 A new high in the year. In the near future, the domestic supply and demand of rare earths are expected to be greatly affected by the tight domestic supply and demand of rare earth, and the domestic demand for rare earth is expected to be greatly affected by the tightening of rare earth supply and demand in China Market supply tension, supply and demand imbalance, terbium series market prices remain high.

Under the new situation, the strategic value of rare earth is expected to continue to increase. The United States, Japan and Europe and the United States have made corresponding plans to include rare earth in the national strategic resource reserve plan. The advantages of rare earth strategic resources are prominent. China is a large rare earth reserve country, and its rare earth reserves account for 37% of the world. At the same time, China is also a major rare earth export country. The state has made corresponding adjustments to the development of rare earth industry, and the rare earth industry is moving towards high quality Development and favorable policies support the development of rare earth industry, and the price of domestic rare earth market has declined.

Recently, the domestic demand for rare earths has not changed much, and the domestic supply of rare earths is still tense. Downstream businesses have stopped purchasing, and the rare earth market prices have dropped slightly. Business analysts expect that the rare earth market prices will remain mainly volatile in the future.

Price trend

According to the data monitoring of business agency, the average price of o-benzene quotation fell this week, Sinopec East China o-benzene quotation remained stable, Sinopec North China o-benzene quotation fell back to the East China quotation level, and the overall domestic o-benzene market fell. As of December 18, Sinopec East China executed the contract price of 5500.00 yuan / ton, Sinopec North China executed the contract price of 5500 yuan / ton, and the average price of o-xylene quoted was 5500 yuan / ton, which was 1.08% lower than that at the beginning of the week (December 14) of 5560 yuan / ton of o-xylene.

Upstream market of o-benzene

From the price trend chart of mixed xylene, it can be seen that the price of mixed xylene tends to be stable after a small increase this week. This week, the mixed xylene price increases by 0.74%, and the cost of o-benzene rises slightly. With the price of mixed xylene stabilizing, the driving force of o-xylene to rise is weakened.

Trend of downstream products

It can be seen from the phthalic anhydride price trend chart that the price of phthalic anhydride fell sharply this week, with a decrease of 7.65%. This week, the market of phthalic anhydride was weak, the downstream demand of o-benzene was weakened, the market of o-benzene was weakened, and the bad side was increased.

Future forecast

According to Bai Jiaxin, an o-xylene data analyst at the business agency, this week, the price of mixed xylene, a raw material of o-benzene, rose slightly, the cost of o-benzene stabilized, and the driving force for the rise of o-benzene was weak; the price of phthalic anhydride fell sharply, the market of o-benzene was weak, the demand for o-benzene fell, and the good news of o-xylene weakened, and the negative effects increased. On the whole, the market performance of the industrial chain is weak, the pressure on the decline of o-benzene increases, the price of o-benzene drops, and the market of o-benzene is weak.

In recent years, the domestic methanol market continued to rise, some manufacturers increased the ex factory quotation, the price adjustment range was about 50-80 yuan / ton. According to the monitoring data of business agency, as of December 15, the average price of methanol producers in Shandong was 2210 yuan / ton, with the price rising by 4.12% on a month on month basis and 4.25% on a year-on-year basis.

As of December 15, summary of methanol market prices in different regions:

Region, price,

Qinghai Area/

RMB 2050-2070 / t spot exchange in Shanxi

RMB 2130-2150 / T in Liaoning

Fujian region 2400-2420 yuan / ton, tax included

The factory reference of Lianghu area is 2300-2320 yuan / ton

Acceptance and delivery of 2230-2350 yuan / ton in Anhui Province

Henan Province: 2130-2150 yuan / ton

At present, the market price of methanol in Northwest China continues to rise, some enterprises can ship temporarily, and the freight is still firm. The price of receiving goods in the lower reaches of Shandong province keeps up with the increase, and the profits of traders are still remaining, mainly pursuing the rise. The market of formaldehyde and dimethyl ether in the downstream rose, which was good to pull. The decline of acetic acid and MTBE slowed down, and the persistence was excessive, which had little impact on the methanol market in the short term.

On the external side, as of December 15, the closing price of CFR China methanol was 280.50-281.50 US dollars / ton, up 1 US dollar / ton; CFR Southeast Asia methanol closing price was 314.50-315.50 US dollars / ton. The U.S. Gulf methanol closed at 117.75-118.25 cents per gallon; FOB Rotterdam methanol closed at 344.00-345.00 euro / ton, up 2 euro / ton.

From the perspective of the future market, on the positive side, some enterprises in Southwest China have shut down or reduced production load; some enterprises have stopped selling or restricted sales, and the supply side has been tightened; the trend of coal and natural gas is stronger, and the methanol cost side is better supported. On the negative side, under the influence of low temperature, some formaldehyde enterprises started to reduce their production, and the overall demand was general; Ningbo Fude 600000 T / a DMTO plant had a maintenance plan in January, and the olefin demand declined in the later stage; the downstream still had a mentality of resistance to high prices, and the mentality of the middle and lower reaches was weak. Business community methanol analysts predict that the short-term domestic methanol market behavior.

According to the monitoring data of the business agency, the external price of ethylene has increased recently. On December 10, the price was 934.75 US dollars / ton, and the average price on December 15 was 965.25 dollars / ton, up 27.51%. The current price is up 31.49% month on month, and the current price is 25.56% higher than last year.

In the near future, the overall market of ethylene in the external market shows an upward trend. Asian ethylene market prices rose slightly. As of the 14th, CFR Northeast Asia closed at $975-985 / T and CFR Southeast Asia closed at $905-915 / T. The price of ethylene market in Europe increased greatly. As of the 14th, FD northwest Europe closed at 976-991 US dollars / ton, CIF northwest Europe closed at 987-999 US dollars / ton. The price of ethylene in the United States rose. As of the 14th, the price was 683-694 US dollars / ton. Recently, the ethylene market in Europe and the United States showed a rising trend. Generally speaking, the demand of the whole ethylene market improved, the market trading atmosphere was warm, and the market continued to rise.

International: on December 14, the U.S. WTI crude oil futures market prices rose slightly, with the settlement price of main contracts at $46.99/barrel, up $0.42. Brent crude oil futures market prices rose slightly, with the settlement price of the main contract at $50.29/barrel, up $0.04. Oil prices rose slightly on Monday, mainly due to the impact of vaccination boosting fuel demand expectations, and the Saudi oil tanker explosion also caused market tension.

In the near future, East China styrene market continued to decline. Crude oil was weak in the short term, and styrene cost support weakened. Styrene futures market is also weak. In addition, the downstream production and sales decline, the demand weakened and the accumulation of stocks. Although the port styrene inventory decreased to a low level, and there was still expectation of a decrease, the market price of styrene in East China fell in the shade today, with the price around 7300-7400 yuan / ton.

In terms of crude oil, the emergency use of us vaccines in the United States has brought confidence to the market. With the rise of international oil prices and strong cost support, business community data analysts expect that the external price of ethylene will rise mainly.

1、 Price trend

The price of calcium carbide in Northwest China rose this week. This week, the average ex factory quotation price of mainstream calcium carbide manufacturers in Northwest China increased from 3810.00 yuan / ton at the beginning of the week to 3950.00 yuan / ton at the end of the week, up 140.00 yuan / ton or 3.67%, 47.57% higher than the same period last year. On the whole, the calcium carbide market rose this week, and the carbide commodity index on December 11 was 103.49.

2、 Trend analysis

According to the manufacturer’s quotation, the price of calcium carbide in Northwest China will rise this week: the price of carbide from oviganeng is 3950 yuan / ton at the end of this week, which is 170 yuan / ton higher than that at the beginning of the week; the quotation of carbide of Inner Mongolia China Union is 3900 yuan / ton this weekend, which is temporarily stable compared with the beginning of the week; the price of calcium carbide in Xingping of Ningxia is 4000 yuan / ton this weekend, which is 250 yuan / ton higher than that at the beginning of the week.

Overall, the actual transaction price of calcium carbide in Northwest China is about 3900-4000 yuan / ton this weekend: the mainstream transaction price of calcium carbide in Shaanxi is about 3900 yuan / ton; the mainstream transaction price of calcium carbide in Ningxia is about 4000 yuan / ton; the mainstream transaction price of calcium carbide in Inner Mongolia is about 3900 yuan / ton, and the actual transaction price is mainly through negotiation.

From the calcium carbide upstream and downstream industry chain, upstream raw material market, orchid charcoal factory quotation rose this week. At the end of this week, the quotation of small materials is 780 yuan / ton, which is temporarily stable compared with the beginning of the week; the quotation of medium materials is 830 yuan / ton at the end of this week, which is temporarily stable compared with the beginning of the week; the quotation of large materials is 850 yuan / ton at the end of this week, which is temporarily stable compared with the beginning of the week. The high price consolidation of upstream raw materials and good cost support have a positive impact on the price of calcium carbide.

Downstream market, PVC factory price rise this week. PVC quotation increased by 3.17% from 8287.50 yuan / ton at the beginning of the week to 8550.00 yuan / ton at the end of the week. Compared with the same period last year, it increased by 21.23%. PVC prices rose this week, the market is good, downstream of calcium carbide purchasing enthusiasm increased, overall, PVC market this week has a positive impact on calcium carbide prices.

3、 Future forecast

In the middle of December, calcium carbide market fluctuated slightly and rose mainly. The price of raw materials in the upstream rose slightly, which supported the price of calcium carbide better. The downstream PVC market rose sharply, and the downstream customers had a good enthusiasm for purchasing calcium carbide. Later market forecast that the price of calcium carbide in Northwest China will rise slightly in mid December.

According to the monitoring of business agency, the domestic market price of phthalic anhydride dropped sharply this week. As of the 11th day, the quoted price of phthalic anhydride was 6662.5 yuan / ton, 6.82% lower than the price of 7150 yuan / ton at the beginning of the week, with a year-on-year increase of 5.34%, and the domestic market price of phthalic anhydride fell sharply.

This week, the domestic market price of phthalic anhydride dropped sharply, the situation of phthalic anhydride market was general, the demand of downstream declined recently, the price of o-benzene dropped, the price of plasticizer fell, and the price trend of phthalic anhydride market dropped sharply. Phthalic anhydride supply in the domestic market is not enough, but the domestic market is not good. The price trend of phthalic anhydride market in East China is declining, and the high-end transactions are limited. In East China, the mainstream of neighboring France source negotiation is 6500-6800 yuan / ton, and that of naphthalene process is 6300-6500 yuan / ton; the mainstream quotation of phthalic anhydride market in North China is 6500-6700 yuan / ton, and the market outlook of phthalic anhydride is still in existence, and the market price trend of phthalic anhydride is declining.

The domestic o-benzene price fell this week, and the floor price dropped to 5560 yuan / T, which was 1.07% this week. The decline of domestic o-benzene price was the negative effect of phthalic anhydride market. In addition, the import market of o-benzene in port area declined, and the external quotation of o-benzene was mainly lower. The actual transaction price was subject to negotiation. The actual list was discussed in detail. In addition, the on-site o-benzene merchants were still in a wait-and-see mood, so the o-benzene price went The trend of domestic phthalic anhydride market price fell down slightly, and the price of raw material ortho benzene declined, which was negative for the domestic market price of phthalic anhydride. In addition, the domestic market price of phthalic anhydride fell due to the sufficient supply of goods.

The DOP market price of phthalic anhydride downstream fell slightly this week. According to the monitoring of business agency, the domestic DOP price was 9666.67 yuan / ton as of the 11th day, down 0.34% compared with 9700 yuan / ton at the beginning of the week. The cost of DOP raw materials decreased, the equipment operation of DOP enterprises decreased, PVC prices rebounded and recovered, downstream customers actively purchased and plasticizer transactions were active. DOP manufacturers started stable, DOP supply was normal, plasticizer price rising power weakened, the transaction price is subject to real-time price, the overall DOP price is about 9500-9900 yuan / ton, the rising power of DOP market in the future market is weakened, the downward pressure is greater, and the domestic phthalic anhydride market price drops sharply.

On the whole, the recent trend of crude oil price remains high, the domestic o-benzene price is slightly lower, and the domestic plasticizer industry market has fallen, the phthalic anhydride market price has dropped significantly.

In the future, the domestic o-benzene price trend is mainly down. In addition, the plasticizer transaction price drops, and the plasticizer price drops. The future DOP price trend is slightly lower. It is expected that the phthalic anhydride market price will continue to decline slightly next week.

1、 Price trend

This week, the selling price of sulfuric acid in Shandong Province rose, with the quotation rising from 420.00 yuan / ton at the beginning of the week to 437.50 yuan / ton at the end of the week, up 17.50 yuan / ton or 4.17%. Overall, the sulfuric acid market rose this week, and the sulfuric acid commodity index on December 14 was 68.09.

2、 Market analysis

From the manufacturer’s quotation, the price of mainstream sulfuric acid manufacturers in Shandong increased this week, with less inventory and stronger downstream demand. Heze Jiangyuan quoted 480 yuan / ton at the weekend, which was 20 yuan / ton higher than that at the beginning of the week; Zouping Tianlu offered 300 yuan / ton at the weekend, which was temporarily stable compared with the beginning of the week; Jinan Yuanfei quoted 400 yuan / ton, which was 50 yuan / ton higher than that at 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.

From the perspective of the upstream and downstream industrial chain, the upstream sulfur market has been consolidation at a high level recently, and the cost support is good. However, the market of monoammonium phosphate, diammonium phosphate and bromine in the lower reaches of the market has a positive impact on sulfuric acid. 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 middle and early December, the market of sulfuric acid in Shandong Province fluctuated slightly. The price of sulfur in the upstream has been high recently, and the downstream market is good. The purchasing enthusiasm of the downstream for sulfuric acid is normal, 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 shock rise.