December 17: sulfur price trend narrowly reduced

Trade name: sulfur

 

Latest price (December 17): 533.33 yuan / ton

 

Key points of analysis: the domestic sulfur market is stable in the middle and down, and the atmosphere in the market is light. Sinopec’s quotation in East China has been stable, with the mainstream price of solid sulfur at 520-660 yuan / ton and the mainstream price of liquid sulfur at 470-630 yuan / ton; the mainstream price of solid sulfur at 490-530 yuan / ton and the mainstream price of liquid sulfur at 470-510 yuan / ton in North China; the mainstream price of solid sulfur at 540 yuan / ton and the mainstream price of liquid sulfur at 460-540 yuan / ton in Shandong /Tons.

 

EDTA 2Na

At present, the port inventory is still high, consumption is slow, the atmosphere of on-site negotiation is cold, a small number of transactions, and the market performance is quiet. The downstream sulfuric acid market is in weak operation. At present, the main acid plant is under maintenance, with lower start-up, tepid demand, weak purchase intention and short-term or wait-and-see operation. The demand for phosphate fertilizer is weak, and the downstream enterprises are cautious in purchasing and keep a wait-and-see attitude.

 

Future market forecast: at present, the domestic sulfur market continues to be weak, the port inventory consumption is slow, the contradiction between supply and demand is still the same, the atmosphere of on-site negotiation is cold, the industry is mainly cautious and wait-and-see, and it is expected that the sulfur market will be weak and stable in the later stage.

EDTA