According to the price monitoring of business agency, the price trend of sulfur in East China rose slightly this week. On May 22, the quotation of sulfur was 4006.67 yuan / ton, an increase of 2.21% during the week and 9.47% month on month compared with the price of 3920.00 yuan / ton at the beginning of the week.

The sulfur market continued to rise this week, the domestic supply was still tight, the refinery maintenance was concentrated, the output was limited, the enterprise inventory remained low, and the downstream demand was stable. At the same time, the port sulfur inventory was small, and the price was mainly high, which was good for the support of the sulfur market. The prices of refinery enterprises were sorted up during the week. As of the 22nd, the price of sulfur fixation in refineries in Shandong is between 4000-4100 yuan / ton, and the price range of liquid sulfur is 3900-4000 yuan / ton.

The sulfuric acid market operated weakly and stably this week, and the price trend was stable during the week. The quotation was 1072 yuan / ton on May 22, down 1.83% compared with last weekend. The inventory of domestic mainstream sulfuric acid manufacturers is general, the downstream demand is weak, and the overall market is weak during the week. The quotation of sulfuric acid manufacturers is reduced according to their own shipment.

The downstream phosphate fertilizer market rose strongly, with an increase of 7.99% in one week. The manufacturer’s inventory was tight, the downstream enterprises just needed to follow up, the supplier’s shipment was smooth, and the price trend of Monoammonium rose. Diammonium rose by 6.04% during the week. The supply of diammonium in the market was tight. Most enterprises suspended quotation and mainly exported orders. The increase of raw material price and the improvement of export supported the high-level operation of diammonium.

According to the sulfur analyst of business society, the supply of domestic sulfur market is tight, the enterprise inventory is low, the downstream demand is stable and positive, coupled with the high support of port sulfur, the operator’s mentality is optimistic. It is expected that the sulfur market will continue to operate strongly in the future, and pay attention to the market follow-up.