On July 25, the sulfur market in Shandong Province was weakened and lowered

According to the price monitoring of the business community, the average price of sulfur in East China was 1506.67 yuan / ton on the 25th, down 8.13% from the previous working day. At the weekend, the market was weak. The quotation of Shandong refinery was significantly reduced, and the price of some refineries fell 300 yuan / ton.

 

At present, the downstream demand is weak, and the enthusiasm for entering the market is general. There are low-cost sources of goods in the market. The downstream purchase is cautious, the shipment situation of enterprises is poor, and the inventory pressure increases. In order to maintain the pace of shipment, some price enterprises quote lower on weekends, the price difference in the floor is obvious, and the market mentality is bearish. It is expected that the short-term sulfur market will continue to operate in a weak manner. Pay more attention to the downstream follow-up.

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