China’s domestic sulfur price rose, with a single day price increase of 4.15%

On August 17, the sulfur commodity index was 96.39, up 3.84 points from yesterday, down 7.17% from the highest point of 103.84 points in the cycle (2011-11-02), and up 273.75% from the lowest point of 25.79 points on February 24, 2020( Note: period refers to the period from September 1, 2011 to now)

According to the price monitoring of business agency, the price trend of sulfur in East China rose slightly on the 17th, and the average price of sulfur production was 1756.67 yuan / ton, up 4.15% from the previous working day. The overall quotation of refineries in various regions increased according to their own shipment, and the solid-liquid sulfur increased by 30-80 yuan / ton at the same time. It is difficult to find the supply of goods in Hong Kong. The cargo holders are reluctant to sell the goods, and the downstream market is on the sidelines. The refineries in the domestic region operate normally. The traders mainly purchase on demand, the external price is strong, and the mentality of the on-site operators is good.

Future forecast: at present, the domestic sulfur market is running at a high level, the downstream phosphate fertilizer market, domestic demand and export orders are improving, the domestic spot supply is tight, the main actors in the market have better support for sulfur, the mentality of field operators is good, the future sulfur market continues to be strong, and the specific attention is paid to the market transaction.

http://www.lubonchem.com/