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SunSirs: On May 10, the Price Trend of Sulfur Was Sorted Up
May 11 2022 14:28:02SunSirs(John)

Product Name: Sulfur

The latest price (May 10): 3,756.67 RMB/ton

Analysis review

According to the price monitoring of SunSirs, the average price of sulfur in East China on the 10th increased by 0.72% compared with the price on previous day. The domestic refinery inventory was low, and the manufacturers' inventory was not under pressure. After the May Day, the downstream sulfuric acid market rose, and the demand for sulfur was stable and improving. According to their own shipments, the quotations of enterprises in Shandong increased slightly, the price of solid sulfur was increased by 30-50 RMB/ton, and the price of liquid sulfur was increased by 50-100 RMB/ton.

The downstream sulfuric acid market was running strongly, which was good for sulfur support. The ammonium phosphate market was mainly consolidating, and downstream purchases were on demand.

Market outlook

In the short term, the sulfur market will wait and see, and pay attention to the downstream follow-up situation.

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