Business trends

2024 Sulfur Industry Chain Spring Exchange Meeting

Location: Beijing, China

Time: April8-9,2024

About: macroeconomic situation and outlook of sulfuric acid and sulfur industry, analysis of international sulfur market and research on precursor chemical enterprises

Objective: Try to find sulfuric acid upstream and downstream customers to develop cooperation

opportunities, find our company's advantages in the market and development direction, and better promote international cooperation.

Specific content: Because sulfuric acid is an subsidiary product of sulfur, a meal of sulfur can probably produce three meals of sulfuric acid, so the international sulfur situation of this meeting also needs our attention.

In general, in the first quarter of 2024, the national economic situation is rising, and the expansion of fiscal scale was the largest since 2020.

Based on the continuous growth of industrial acid and the initial recovery of acid for chemical fertilizer , China's sulfuric acid consumption increased by 5.5% year on year in 2023.

Global sulfuric acid demand is forecast in 2024 to be 322 million tons, up 3.8%.

According to the key events such as the conflict between Russia and Ukraine and the epidemic disease, especially the Red Sea crisis affecting our shipping companies, there are actually some risks and challenges in the transaction of import and export of sulfuric acid.

Analyze and rectify the sales process and strategy of our enterprise, study the development trend of upstream and downstream, study the finished products of downstream devices and the placement process and technology of sulfuric acid are the directions we need to summarize and continue to explore after this meeting.