According to the price monitoring of business news agency, the price trend of sulfur in East China rose slightly this week. The average price of sulfur production at the weekend was 1040 yuan / ton, up 3.65% compared with 1003.33 yuan / ton at the beginning of the week and 106.62% compared with the same period last year.

This week, the domestic sulfur price was stable and small. During the week, the inventory of refineries in various regions of China was low. Downstream factories and traders purchased on demand. The seller’s shipment was not under pressure, and the quotations of some refineries went up. Sinopec Jinling Petrochemical’s solid sulfur price in East China increased by 50 yuan / ton, while other enterprises’ sulfur price was temporarily stable; Sinopec Shandong’s solid sulfur price increased by 30 yuan / ton; Sinopec North China’s solid sulfur price was stable, and the liquid sulfur price was delivered to the target market. As of the 24th, the regional price of sulfur in China is as follows:

24 Jan 2005

1050-1280 yuan / ton of sulfur (particle) in East China

Sulfur (particle) 870-920 yuan / ton in North China

1020-1050 yuan / ton of sulfur (particle) in Shandong Province

The downstream phosphate fertilizer market is good, the manufacturers have no pressure to ship, the price continues to rise, and the market trend is upward. In terms of sulphuric acid, the domestic market was in downward consolidation, the price trend in Shandong was down, affected by public health events, the supply of goods to Hebei was limited, the downstream demand was weak, the prices of mainstream sulphuric acid manufacturers fell, and the holiday was approaching, so it was not ruled out that the downstream could be prepared before the festival, and the sulphuric acid market might rise slightly in the later period.

Sulfur analysts from business news agency believe that the inventory of domestic refineries remains at a low level, the downstream demand is acceptable, and the manufacturers’ shipment is smooth. In terms of ports, the cargo rights are concentrated, the offer of the cargo holders is stable, the operators in the yard hold a wait-and-see attitude, and the short-term sulfur market is temporarily stable.