Trade name: sulfur
Latest price (May 10): 3756.67 RMB/ton
Key points of analysis: according to the price monitoring of SunSirs, the average price of sulfur in East China today increased by 0.72% compared with yesterday. The inventory of domestic refineries was low, and the inventory of manufacturers was not under pressure. The downstream sulfuric acid market rose after May Day, and the demand for sulfur was stable and good. Enterprises in Shandong increased their quotation slightly according to their own shipment situation, the price of sulfur fixation increased by 30-50 RMB/ton, and the price of liquid sulfur increased by 50-100 RMB/ton. The downstream sulfuric acid market is strong, which is good for the support of sulfur. The market of ammonium phosphate is mainly consolidated, and the downstream purchase is on demand.
Future forecast: wait and see the short-term sulfur market, and pay attention to the downstream follow-up.
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