Analysis of the sulfate market trend in December

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This post was last edited by Zhang Ruqing on 2016-1-8 at 12:57. Analysis of the trend in sulfuric acid prices in December 2015 I. Trend in domestic sulfuric acid prices According to data monitoring, domestic sulfuric acid prices remained stable throughout December. The average price of sulfuric acid at the beginning of the month was 370 yuan per ton, while it rose to 374.44 yuan per ton by the end of the month, representing a increase of 1.20%. Compared to the same period last year, prices dropped by 6.86%. 　　II. Domestic Market Analysis Product: Throughout December, the price of sulfuric acid remained stable, but trading volume in the market decreased compared to previous periods; overall, the sulfuric acid market was characterized by a calm and steady trend. 1. The overall operational rate of major sulfuric acid production facilities in the country remains around 60%, driven mainly by demand from downstream industries; most sulfuric acid manufacturers state that their inventory levels are reasonable ； The price of sulfuric acid in East China remains stable, with the ex-plant price for 98% ore acid at around 330–380 yuan per ton. 　　Industry chain: This month, the domestic sulfur market remained stagnant, with prices staying low. The main reasons for this were high inventory levels at ports, a poor atmosphere for negotiations among traders, and average sales performance ； As the New Year approaches, domestic sulfur manufacturers face increased shipping pressures, while demand from downstream buyers is weak ； 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 December, the price of sulfuric acid remained relatively stable; 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 North China, 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 Projections Analysts in the sulfuric acid sector believe that as the year comes to an end, the operating rates of downstream fertilizer manufacturers will decline, which will affect purchasing demand. It is expected that the domestic sulfuric acid market will remain stable in the short term. Replying to posts is a virtue!