Price trend

According to the price monitoring of SunSirs, the average sulfur price in East China on the 11th was 1,733.33 RMB/ton, down 1.89% from the previous working day. The price of sulfur in Shandong refineries was stable with small changes, and some refineries lowered it by 50 RMB/ton.

Analysis review

Downstream demand continued to be weak, the enthusiasm for purchasing in the market was general, the company's shipment situation was not good, there was inventory pressure, there were low-priced supply in the market, downstream purchases ere cautious, corporate quotations were weak and down, and sulfur support was weak.

Market outlook

In the short term, the sulfur market will be dominated by weak consolidation, with specific attention to the downstream follow-up situation.

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