SunSirs: On June 7th, the Sulfur Market in Shandong Region Ran Smoothly
June 08 2023 10:42:40     SunSirs (John)Price trend
On June 7th, the sulfur prices of refinery enterprises in Shandong region were temporarily stable, with the mainstream price of solid sulfur ranging from 870 to 890 RMB/ton; the mainstream price of liquid sulfur as between 740-890 RMB/ton. The quotation is for reference only. The actual transaction price shall prevail.
Analysis review
The sulfur manufacturer's equipment was operating normally, and there was no pressure on market inventory. The manufacturer actively shipped, and downstream buyers followed up on demand. The refinery stabilized prices and shipped smoothly, and the on-site trading was mainly based on negotiation.
Market outlook
In the short term, the sulfur market will be on a wait-and-see basis.
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