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SunSirs: On March 7, the Sulfur Market Was Sorted Up
March 08 2023 09:40:10SunSirs(John)

Price trend

The average price of sulfur in East China was 1,196.67 RMB/ton on March 7, up 2.87% from the price of 1,163.33 RMB/ton on the previous working day.

Analysis review

The sulfur refinery unit operated normally, the market supply was stable, the terminal industry had good trading and investment, and the enthusiasm of downstream purchase in the market increased. The sulfur refinery actively shipped goods, and some manufacturers quoted higher prices according to their own inventory.

Market outlook

At present, the shipment of sulfur refinery is stable, and the operators have a good mentality. Affected by the mentality of buying up and not buying down, it is expected that the sulfur market will continue to rise. Pay attention to the follow-up of the downstream.

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