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SunSirs: On April 12th, the Sulfur Market in Shandong Province Was on a Wait-and-see Basis

April 13 2023 13:29:42     SunSirs (John)

Price trend

On April 12th, the sulfur prices of refinery enterprises in Shandong region were lowered, with the mainstream price of solid sulfur being around 950-1,050 RMB/ton; The mainstream price of liquid sulfur was between 820-1,020 RMB/ton, and the quotation was for reference only. The actual transaction price shall prevail.

Analysis review

The sulfur manufacturer's equipment was operating normally, the market supply was stable, the terminal industry had entered the off-season, downstream demand was weak, refineries shipped at low prices, and the market trading atmosphere was general.

Market outlook

In the short term, the sulfur market will be sorted and operated on a wait-and-see basis.

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