The sulfur market in July was weakly stable

1、 Price trend

 

Sodium Molybdate

According to the price monitoring of business agency, the average ex factory price of sulfur market in East China on July 31 was 636.67 yuan / ton, which was 2.55% lower than 653.33 yuan / ton at the beginning of the month, and 25.97% lower than that of last year.

 

2、 Market analysis

 

In July, the overall sulfur market was weak, and the price trend slightly increased at the end of the month. Domestic sulfur market performance is not warm and tepid, downstream factories and traders are not enthusiastic to purchase in the market, follow-up is insufficient, demand is limited, port inventory is high, consumption is slow, lack of substantive information guidance in internal and external markets, and buyers and sellers are mainly on the sideline. As of the 31st day, the quoted prices of solid sulfur and liquid sulfur in East China were 630-700 yuan / ton and 560-680 yuan / ton respectively in East China, 550-650 yuan / ton and 500-560 yuan / ton in North China, 640 yuan / T and 640-640 yuan / T in Shandong.

 

Bacillus thuringiensis

The downstream sulfuric acid market is running smoothly with limited market fluctuation and no obvious price adjustment. At present, some sulfuric acid manufacturers in Shandong are under operating, with small inventory and good demand. It is expected that the sulfuric acid market will have an upward trend in the future. The price of phosphate fertilizer market in the downstream is strong, the market is optimistic, and the orders to be issued by enterprises are sufficient. Driven by domestic and export demand, the market still has upward space.

 

3、 Future forecast

 

According to the sulfur analysts of the business club, the sulfur market is mainly stable for the time being, the port inventory is high, the downstream sulfuric acid is low and stable, and the sulfur demand is not well supported. However, the performance of the downstream phosphate fertilizer market is strong, and the domestic autumn market will come in the later stage, which may lead to the increase of sulfur demand. It is expected that the sulfur market will be sorted out and operated in the later stage, and the downstream market trend will be watched specifically.

Melamine