According to the price monitoring of business news agency, the price of sulfur in East China rose slightly this week. The average price of sulfur production at the weekend was 1450.00 yuan / ton, up 0.46% compared with 1443.33 yuan / ton at the beginning of the week and down 0.46% compared with the beginning of the month.
EDTA |
This week, the domestic sulfur market has been stable and moving slightly. The inventory of refineries in various regions of China has remained low. The downstream factories mainly purchase on demand. The attitude of the operators is good, and the market trading is acceptable. During the week, refineries in various regions of China adjusted their prices according to their own shipment situation. Liquid sulfur in East China increased by 30-40 yuan / ton, while solid and liquid sulfur in North China and Shandong increased by 20 yuan / ton simultaneously. The market price of sulfur rose slightly. As of the 18th, the regional price of sulfur in China is as follows:
18 April 2005
Sulfur (particle) 1430-1490 yuan / ton in East China
Sulfur (particle) 1380-1430 yuan / ton in North China
Sulfur (particle) 1430-1480 yuan / ton in Shandong Province
In the downstream phosphate fertilizer market, the market of monoammonium phosphate and diammonium phosphate was weak, and the prices fell slightly within the week. The domestic spring ploughing came to an end, the market demand of ammonium phosphate weakened, the downstream market purchased on demand, the transaction atmosphere was weak, and the future market remained stable. In terms of sulfuric acid, the market price in Shandong increased by 3.03% in the week. At present, the main acid enterprises in Shandong stop for maintenance, the market supply is tight, the enterprises increase the quotation according to the situation, and the downstream demand is stable. Under the tight supply, it is expected that the sulfuric acid market will continue to rise slightly in the future.
According to sulfur analysts of business news agency, fertilizer use in spring is coming to an end, domestic demand for sulfur in the downstream is weakening, and most of the on-site transactions are based on demand procurement. In terms of market supply, domestic refineries’ inventory is low, and the supply and demand performance is relatively stable. In the short term, the sulfur market may maintain stable operation, so we should pay attention to the follow-up situation in the downstream.
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