On May 17, the price trend of sulfur continued to rise

Trade name: sulfur

 

Latest price (May 17): 3956.67 yuan / ton

 

Key points of analysis: according to the price monitoring of business society, the average price of sulfur in East China today increased by 0.94% compared with yesterday. The maintenance of domestic refineries is concentrated, the enterprise inventory is low, and there is no shipping pressure for the time being. The weak operation of downstream sulfuric acid Market has a great impact on the demand for sulfur. The consolidation of ammonium phosphate Market is the main aspect, the downstream purchase is stable, the supply of sulfur market is in short supply, and the enterprises in Shandong Province arrange the quotation upward according to the inventory situation, The price of solid sulfur is increased by 50-60 yuan / ton, and that of liquid sulfur is increased by 60-150 yuan / ton.

 

Future forecast: the short-term sulfur market will operate at a high level, with specific attention to the downstream follow-up.

PVA