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SunSirs: Viewpoint on Sulphur Ups and Downs on Oct. 8
October 09 2019 10:45:43SunSirs(John)

Product Name: Sulfur

 

The latest price (October 8th): 626.67 RMB/ton

 

Analysis points:

After the National Day, the sulfur market of domestic refineries was adjusted, and the prices of various refineries were generally raised. Before the holiday, the market demand for sulfur was still weak. The industry was cautious about the market outlook. The market talks were deserted. The downstream users negotiated low price intentions. After the holiday, the sulfur market bottomed out and the market rebounded slightly. The specific situation of port inventory and market demand was observed. The downstream sulfuric acid market has risen slightly, the purchasing enthusiasm is general, and the sulfuric acid supply is normal.

 

Market outlook

The downstream sulphuric acid market is rising slightly, and the market demand for sulphuric acid is generally positive, which has a weak impact on the upstream sulphur. It is expected that the sulphur market will be consolidated and operated mainly in the short term.

 

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

 

 

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