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SunSirs: The Sulfur Market in Shandong Continued to Weaken on December 22
December 23 2022 13:12:49SunSirs(John)

Price trend

On December 22, the sulfur quotation of refinery enterprises in Shandong: the mainstream price of solid sulfur was about 1,370-1,540 RMB/ton, and the interval price was reduced by 30 RMB/ton; The mainstream price of liquid sulfur was 1,420-1,440 RMB/ton, and the interval price was reduced by 30 RMB/ton. The quotation was for reference only, and the actual transaction price prevailed.

Analysis review

The terminal phosphate fertilizer winter storage market went smoothly, the downstream ammonium biphosphate market declined, the support for sulfur was weakened. In addition, due to force majeure, the transportation of the manufacturer was difficult, the market turnover was average.

Market outlook

The sulfur market will be sorted out to be weaker in the short term.

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