According to the price monitoring of business agency, the price trend of sulfur in East China continued to decline this week. On April 29, the quotation of sulfur was 2596.67 yuan / ton, a decrease of 2.00% during the week and an increase of 5.39% month on month compared with the price of 3660.00 yuan / ton at the end of last week.

The sulfur market is weak this week, the maintenance output of domestic refineries is limited, and the enterprise inventory is low, which is good for the sulfur price market. However, due to the impact of public health events, the logistics in Shandong is limited, the refinery shipment is blocked, and the downstream sulfuric acid market is weak, the demand for sulfur is weakened, so the quotation of refinery enterprises is sorted down during the week. As of the 29th, the price of sulfur fixation in refineries in Shandong is between 3360-3630 yuan / ton, and the price range of liquid sulfur is 3580-3750 yuan / ton.

The sulfuric acid market operated weakly and stably this week, and the quotation remained at 1168.33 yuan / ton. The inventory of domestic mainstream sulfuric acid manufacturers is general, the purchasing enthusiasm of downstream is weakened, and the supply and demand remain stable within the week. The quotation of sulfuric acid manufacturers is adjusted according to their own shipment.

The downstream phosphate fertilizer market was sorted upward. On Monday, the ammonium market rose, the market trading was general, the new orders were limited, the main orders were issued in the early stage, the downstream was purchased on demand, the raw material support was good, and the market trend was upward. The market of diammonium rose slightly in the week. At present, the orders issued by diammonium are nearing the end, the focus is shifted to export, the export orders are increased, and the diammonium is in high consolidation operation.

According to the sulfur analysts of business society, the inventory of domestic sulfur refineries is low and the downstream demand is stable. Although affected by the epidemic, the manufacturers’ shipment is blocked, the overall downstream support is good, and the operators’ mentality is optimistic. It is expected that the sulfur market will be strong in the future, and pay attention to the market follow-up.