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SunSirs: On September 27, the Price Trend of Sulfur Was Sorted Up
September 28 2022 13:51:06SunSirs(John)

Price trend

According to the price monitoring of SunSirs, the average price of sulfur in East China on September 27 was 1,363.33 RMB/ton, an increase of 3.02% compared with the previous working day, and the market situation was sorted up.

Analysis review

The downstream sulfuric acid market rose, the ammonium phosphate market rose steadily, and the overall transaction atmosphere improved. The National Day holiday is approaching, the downstream demand increased, and the active stocking strengthened the support for the sulfur market. Sulfur refineries in Shandong region delivered smooth shipments, and quotations were raised. Ports continued to operate strongly. Holders had a mentality to support the market, and the industry was optimistic, which gave a positive effect to the sulfur market.

Market outlook

In the short term, the sulfur market is will be sorted out to be strong, and pay attention to the downstream follow-up situation.

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