1、 Price trend
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This week, the selling price of sulphuric acid in Shandong is stable temporarily, with the quotation of 427.50 yuan / ton. Overall, this week’s sulfuric acid market temporarily stable, August 14 sulfuric acid commodity index was 66.54.
2、 Market analysis
From the manufacturer’s quotation, the price of mainstream sulfuric acid manufacturers in Shandong this week is temporarily stable, the manufacturers’ inventory is small, and the downstream demand is strong. Heze Jiangyuan quoted 350 yuan / ton at weekend, which was temporarily stable compared with the beginning of the week; Zouping Tianlu offered 240 yuan / ton at weekend, which was temporarily stable compared with the beginning of the week; Jinan Yuanfei quoted 550 yuan / T, which was temporarily stable compared with 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.
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From the perspective of the upstream and downstream industrial chain, the upstream sulfur market has risen slightly recently, and the cost support is good. However, the market consolidation of monoammonium phosphate and diammonium phosphate in the lower reaches has a positive impact on sulfuric acid, and the price of bromine is also rising steadily, but the increase is small, which 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 of August, the market of sulfuric acid in Shandong Province rose mainly due to small fluctuation. The price of sulfur in the upstream has risen slightly in recent years, and the downstream market has been consolidated at a high level. The demand for sulfuric acid in the downstream is positive, 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 rise.
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