Analysis of the sulfate market trend in September 2015

Thread Content

Analysis of the trend in sulfuric acid prices in September 2015 I. Trend in domestic sulfuric acid prices This month, domestic sulfuric acid prices showed an overall downward trend with fluctuations. According to data tracked by Business News Agency, the average price of sulfuric acid in the market was 412 yuan per ton at the beginning of this month, while it dropped to 383 yuan per ton by the end of the month. The decline this month was 7.01%, with a rise of 0.09% compared to the same period last year. 　　II. Domestic market analysis Product: Throughout September, the price of sulfuric acid in the market showed a downward trend with fluctuations. The overall operating rate of sulfuric acid production facilities was around 60%, driven mainly by purchase orders from downstream industries. Most sulfuric acid manufacturers reported that their inventory levels were reasonable and that sales were proceeding smoothly ； The price of sulfuric acid in Central China has seen slight adjustments; the ex-plant price for 98% ore acid is around 330–360 yuan per ton. Some manufacturers in regions such as Jiangsu and Zhejiang are seeing decent shipment performance, with stable acid values. 　　Industry chain: The domestic sulfur market remains in a state of low-level stability; prices are largely unchanged with only minor fluctuations, while port prices experience slight declines amid overall stability ； With the end of the winter storage campaign, downstream fertilizer manufacturers are currently operating at reduced capacity, with reasonable inventory levels. In an effort to make a final push for sales this year, their demand for sulfuric acid products remains stable. 　　Industry: With the end of the peak demand period in the third quarter, the sulfate market showed a downward trend in prices in September. Some manufacturers in Shandong region reduced the price of their sulfuric acid by 10 yuan per ton; currently, the price of 98% metallurgical-grade sulfuric acid at the factory level remains around 350–380 yuan per ton ； The ex-factory price of 98% ore acid is around 370–400 yuan per ton, while the ex-factory price of 98% sulfuric acid is around 400–430 yuan per ton ； Shipments in the Jiangsu and Zhejiang regions are progressing smoothly; the ex-factory price of 98% sulfuric acid is around 370–420 yuan per ton ； In September, the overall operating rate of sulfuric acid manufacturers remained around 60%, and the market conditions for sulfuric acid stayed relatively stable ； The sulfate market is expected to remain stable in the short term. 　　III. Market Outlook and Projections Analysts in the sulfuric acid sector believe that with the National Day holiday approaching, most sulfuric acid manufacturers will produce based on demand, maintaining reasonable inventory levels. The purchasing demand from downstream industries remains decent, and it is expected that the domestic sulfuric acid market will continue to show stability in the coming period.