Multiple factors impact the price of sulphuric acid in Shandong to fall rationally

The price of sulphuric acid in Shandong has been soaring since the new year, and manufacturers and traders have a higher sentiment.
In February, 98% of smelted acid in Shandong was shipped at 80-140 yuan/ton, and as of the end of March, 98% of smelted acid in Shandong was shipped at 300-380 yuan.
/Ton, the average price increase is about 230 yuan/ton.
The rising trend for more than two consecutive months has increased the production costs of downstream fertilizer companies.
In the first quarter of this year, the fertilizer market has been weak and the price of fertilizer has continued to decline, which has increased the operating pressure of fertilizer companies.
In early April, to be exact, on April 7, Shandong's sulfuric acid prices began to fall, and some acid companies fell by 20-30 yuan/ton in a narrow range.
In the early stage, the acid price rose relatively high, and the downstream demand was insufficient to follow up, and the manufacturer's shipment volume decreased.
In fact, this year's spring plowing season, the demand for sulfuric acid is not as strong as imagined.
Among them, Shandong's main compound fertilizer plants have an overall operating rate of about 50% in February and March.
Entering April, due to environmental protection factors and the delay in summer fertilizer production, the operating rate of Shandong compound fertilizer plants continued to decline.
At present, the overall operating rate of Shandong compound fertilizer enterprises is about 40%, and the demand for sulfuric acid has decreased.
In March, Shandong’s main sulphuric acid manufacturers had their installations overhauled.
Among them, Dongying Fangyuan Copper and Yantai Hengbang smelter shut down some installations.
In addition, Shandong Yangguang Xiangguang Copper plans to fully shut down the installations in April.
The market situation appears.
Environmental protection has been strengthened.
In April, Zibo planned to shut down hundreds of enterprises.
In 2017, the Central Environmental Protection Inspection Team plans to cover all provinces.
In April, 15 provinces including Jilin, Liaoning, Shanxi, Shandong, Anhui, Zhejiang, Fujian, Hunan, Hainan, Guizhou, Sichuan, Tibet, Xinjiang, Tianjin, and Shanghai will be covered.
City inspects.
And Zibo, Shandong is a chemical gathering area, More than 200 chemical companies are planned to be shut down in April.
Sulfuric acid is the mother of chemical raw materials.
Most chemical companies can use sulfuric acid.
The environmental protection inspection is stricter.
The number of chemical companies shutting down is large, which reduces the demand for sulfuric acid to a certain extent.
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The overhaul of the device has begun, and a large amount of preliminary inventory has been accumulated.
On April 8th, Shandong Yanggu Xiangguang Copper's installation was shut down as scheduled.
Since February, the manufacturer's shipment prices have been on an upward trend.
As of the end of March, the local sulphuric acid shipment price has been as high as 380 yuan/ton.
In order to ensure the normal supply of old customers during the maintenance period, the manufacturers kept raising the price of sulfuric acid in the early stage.
At present, the manufacturer's inventory is at a high level, and the shipment price of sulfuric acid has also been higher than the average market price.
Entering April, the price of sulfuric acid from a major local manufacturer stabilized.
At present, the domestic 98% sulfuric acid operating range is 130-400 yuan/ton, and the price of sulfuric acid in Shandong is operating at a high level.
Entering April, the spring plowing market is gradually ending, downstream demand is shrinking, and the price of Shandong sulfuric acid will be rationally adjusted due to multiple negative factors.