Analysis of the sulfate market trend in November 2015

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This post was last edited by Zhang Ruqing on 2015-12-5 at 18:05. Analysis of the sulfuric acid market trend in November 2015 I. Domestic sulfuric acid market trend According to data monitoring, the price of sulfuric acid in the domestic market remained relatively stable throughout November, with only slight fluctuations. The average price of sulfuric acid at the beginning of the month was 367 yuan per ton, while it was 369 yuan per ton by the end of the month; thus, there was a 0.60% increase during this month. Compared to the same period last year, the price dropped by 7.50%. 　　II. Analysis of the domestic market situation Products: The price of sulfuric acid remained stable throughout November. Currently, the sulfuric acid market is in a off-season period, with the overall operating rate of major domestic sulfuric acid production facilities at around 60%. Demand comes mainly from downstream buyers, and most sulfuric acid manufacturers report that their inventory levels are reasonable and that sales are proceeding smoothly ； The price of sulfuric acid in East China remains stable, with the ex-factory price for 98% ore acid at around 330–380 yuan per ton. 　　Industry chain: This month, the domestic sulfur market has gradually stabilized, with manufacturers selling products as usual, mainly based on contract orders. It is expected that sulfur prices will remain stable in the coming period, which is favorable for the cost of sulfur-based acid production ； Downstream phosphate ammonium manufacturers are exporting products, while the domestic demand for phosphate ammonium is shrinking. Fertilizer manufacturers operate at around 40% capacity, companies have reasonable inventory levels, and sales are proceeding normally. 　　Industry: Throughout November, the price of sulfuric acid on the market began to stabilize; most sulfuric acid production facilities operated at low capacity levels, and companies maintained reasonable inventory levels ； Currently, the price of sulfuric acid in the East China region remains stable, with the price of acid produced through smelting ranging around 300–420 yuan per ton. In the North China region, the prevailing negotiation price for 98% mineral-based sulfuric acid is between 300–350 yuan per ton ； 98% sulfuric acid was traded at 340–460 yuan per ton, and it is expected that the price of sulfuric acid in the market will remain stable in the coming period. 　　III. Market Outlook and Predictions Analysts in the sulfuric acid sector believe that most manufacturers produce based on sales demand, with reasonable inventory levels; meanwhile, purchasing demand from downstream industries is moderate. It is expected that the domestic sulfuric acid market will remain stable in the coming period.