SunSirs: Early Forecast of Domestic Sulfur Market on October 30
October 30 2020 13:31:17 SunSirs (John)
On October 29, the domestic sulfur market was running smoothly. The average production price in East China was 940 RMB/ton. According to the monitoring of SunSirs, the sulphur quotations of mainstream manufacturers in North China and Shandong were temporarily stable. The mainstream price of solid sulfur in East China was 890-200 RMB/ton. The mainstream price of liquid sulfur is 840-980 RMB/ton.
At present, the inventory of refineries in various regions in China is low, and downstream factories and traders mainly purchase on-demand. Holders have a positive attitude and smooth shipment performance. Port inventory is high, low prices in the port are hard to find, and the market lacks strong support. The industry's mentality is mainly to wait and see.
SunSirs predicts that the sulfur market will consolidate today.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
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