1、 Price trend

According to the price monitoring of business news agency, the trend of sulfur price in East China this week was stable. The average price of sulfur production in the week was 1013.33 yuan / ton, up 101.33% year on year.

2、 Market analysis

This week, the domestic sulfur market was stable as a whole. The inventory of refineries in various regions of China was low. The quotation of sulfur in the week was stable and small. The downstream factories and traders purchased on demand, and the shipment was smooth. The port’s cargo rights were concentrated. The shippers had a positive attitude and had no intention to ship at a low price. During the week, Sinopec’s price of solid sulfur in East China Shanghai Gaoqiao Petrochemical Company increased by 30 yuan / ton, and that of liquid sulfur in Jinling Petrochemical Company increased by 20 yuan / ton, while that of other enterprises was temporarily stable; Sinopec’s price of solid and liquid sulfur in Shandong Province was stable, ranging from 1020 to 1050 yuan / ton; Sinopec’s price of solid sulfur in North China was 910-920 yuan / ton, while that of liquid sulfur was increased by 30 yuan / ton, ranging from 890 to 980 yuan / ton.

Downstream phosphate fertilizer market trading slightly flat, winter storage fertilizer pull up, the price is on the high side, the overall price trend stable operation. In terms of sulfuric acid, the domestic market performance is stable. The main manufacturers in Shandong have stable start-up, stable prices and better downstream demand. It is expected that the sulfuric acid market will run smoothly in the later period.

3、 Future forecast

Future forecast: sulfur analysts of business society believe that the domestic sulfur market is running smoothly, the domestic refinery inventory remains low, the downstream demand is fair, the low price is hard to find, and the quotation is firm. It is expected that the short-term sulfur market will be stable.