Product name: Sulfur

Latest price (June 5th): On June 6th, the average price of sulfur in East China was 833.33 RMB/ton, an increase of 1.63% compared to the previous working day price of 820.00 RMB/ton.

Analysis review

The domestic sulfur market was on the rise, with prices generally rising. The operation of refinery units in Shandong region was average, and the market supply maintained rational. The terminal industry was in the off-season of consumption, downstream enthusiasm was weak, and entering the market to purchase goods was mainly based on demand. Sulfur manufacturers were actively shipping, some enterprises had good shipments, inventory had decreased, and the price of sulfur had increased with the trend.

Market outlook

As of June 6th, there was no pressure on inventory in the sulfur refinery, downstream demand was limited, and there was a lack of effective support for positive market conditions on the market. Under the supply and demand game, it is expected that the sulfur market will be sorted out in a range, and prices may fluctuate slightly. Please pay attention to the downstream follow-up situation.

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