Macroeconomics 1. [Reverse Repo] The People's Bank of China will conduct overnight reverse repo operations from October 21 to November 2. These operations will utilize a

The core characteristics of the domestic sulfur market of late can be summarized as follows: a collapse in market sentiment, a precipitous price drop, and

Industrial sulfur is an important basic raw material in the chemical industry. After being converted into sulfuric acid, it can be widely used in many

Market Overview The domestic sulfur market continued to trend downward this week, with prices fluctuating lower. According to monitoring data from SunSirs, the benchmark price for

Macroeconomics 1. [PPI] National Bureau of Statistics: In September 2026, the national producer price index (PPI) for manufactured goods rose by 5.0% year-on-year and 1.2% month-on-month.

Due to continued disruptions to shipping in the Strait of Hormuz, the global sulfur supply chain has been severely impacted, leading to a sharp surge

Review of This Week's Market Performance As of October 9, the benchmark price for sulfur tracked by SunSirs stood at 7,402.33 RMB/ton, down 3.69% from the

In late September, domestic markets for sulfur and sulfuric acid continued to weaken. Monitoring data shows that as of September 24, the spot price for

Data released by the National Bureau of Statistics on September 28 shows that from January to August, the total profits of industrial enterprises above designated

The price of all forms of sulfur imported by China has dropped from CFR 525-1100 US dollars per ton last week to CFR 525-1050 US

The domestic sulfur market is generally characterized by consolidation and fluctuation, with subdued trading activity; quotes remain largely stable, showing only minor localized variations. The

This week, the international sulfur market exhibited a structural divergence characterized by slight adjustments in quoted prices alongside firm cost support. Although major Middle Eastern

Last week, domestic spot prices for sulfur exhibited a pattern of a sharp, rapid rise followed by a pullback under pressure from high levels. Data

I. Overall Landscape: Quoted prices have retreated slightly, yet actual import costs remain stubbornly high. As August began, the international sulfur market exhibited a distinct divergence:

The world sulfur market is in a deep crisis as supply shortages push prices to record levels. By late July 2026, sulfur traded

Price Review During the week of July 29 to August 4, the sulfur market exhibited a trend of "initial stability followed by a decline." As of

Data from the commodity market service provider SunSirs shows that as of July 29, the price of sulfur stood at RMB 9,085.67 per tonne, a

Synthetic Ammonia: This week, the domestic synthetic ammonia market started with regional price adjustments and then moved into a weak operation. Prices in each region

The domestic sulfur market is currently locked in a stalemate at high price levels, characterized by significant regional divergence. While targeted pricing for sulfur produced