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SunSirs: Sulfur Market in East China Rose Slightly on May 24
May 25 2022 14:32:14SunSirs(John)

Price trend

According to the price monitoring of SunSirs, the average price of sulfur in East China on the 24th was 4,063.33 RMB/ton, an increase of 0.58% compared with previous day.

Analysis review

Domestic refinery maintenance is concentrated, corporate inventory is low, and the downstream sulfuric acid market is weak, but it has a big impact on sulfur demand, maintaining just demand to follow up, the ammonium phosphate market is rising at a high level, the market is actively buying, and the overall sulfur market is in short supply. Enterprises in Shandong According to the inventory and shipment situation, the quotations are sorted up, the price of solid sulfur is raised by 20 RMB/ton, and the price of liquid sulfur is raised by 20-50 RMB/ton.

Market outlook

: The short-term sulfur market is running at a high level, and pay attention to the downstream follow-up situation.

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