On June 29, China’s domestic sulfur market was stable and moved slightly

On June 29, the sulfur commodity index was 90.17, up 0.55 points from yesterday, down 13.16% from 103.84 points (2011-11-02), the highest point in the cycle, and up 249.63% from 25.79 points, the lowest point on February 24, 2020( Note: period refers to the period from September 1, 2011 to now

Sulfur prices in East China rose slightly on the 29th, with the average price of sulfur production rising 0.61% to 1643.33 yuan / ton, according to the price monitoring of business news agency. The domestic sulfur market is stable, and refineries in various regions quote prices according to their own shipment situation. Except that the price of solid-liquid sulfur in Qingdao refinery is increased by 30 yuan / ton, the price of solid-liquid sulfur in refineries in various regions is generally stable. The prices of solid sulfur in various regions as of 29 May are as follows:

region varieties June 28th June 29th Up and down

East China Sulfur (particle) 1670-1730 yuan / ton 1670-1730 yuan / ton 0

North China Sulfur (particle) 1470-1600 yuan / ton 1470-1600 yuan / ton 0

Shandong Province Sulfur (particle) 1590-1640 yuan / ton 1620-1640 yuan / ton + thirty

In terms of phosphate fertilizer, the price of Monoammonium increased, the enterprise orders were sufficient, the spot supply was limited, and the price was high; The domestic market of diammonium is stable and the demand is general, while the demand of foreign market is good. In addition, the operating rate of diammonium enterprises is low, and some enterprises are overhauled. The market supply is slightly tight, and the future market may rise.

Future forecast: at present, the price of domestic sulfur market is strong, domestic refineries maintain low inventory operation, and the export orders of upstream and downstream phosphate fertilizer are good, which has good support for sulfur. It is expected that the short-term sulfur market will be strong.

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