Product name: Sulfur
| Gamma-PGA (gamma polyglutamic acid) |
Latest price: On June 6th, the average sulfur price in East China was 833.33 yuan/ton, an increase of 1.63% compared to the previous working day price of 820.00 yuan/ton.
Analysis: The domestic sulfur market is on the rise, with prices generally rising. The operation of refinery units in Shandong region is average, and the market supply remains rational. The consumption in the end industry is off-season, and downstream enthusiasm is weak. Entering the market to obtain goods is mainly based on demand, while sulfur manufacturers are actively shipping. Some enterprises have good shipments, and inventory has decreased, leading to an upward trend in sulfur prices.
Future forecast: Currently, there is no inventory pressure in sulfur refining plants, downstream demand is limited, and there is a lack of effective support for positive market conditions on the market. Under the supply and demand game, it is expected that the sulfur market will be sorted out, and prices may fluctuate slightly. Please pay attention to the follow-up situation downstream.
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