SunSirs: On August 2nd, the Sulfur Market in Shandong Continued to Rise
August 03 2023 10:33:09 SunSirs (John)
Price trend
On August 2nd, the sulfur prices of refinery enterprises in Shandong region were increased, with the mainstream price of solid sulfur ranging from 810 to 980 RMB/ton and the range price increasing by 30 RMB/ton; The mainstream price of liquid sulfur was between 810-1,010 RMB/ton, with an increase of 30-60 RMB/ton within the range. The price range was for reference only, and the actual transaction price shall prevail.
Analysis review
The operation of sulfur manufacturers' units was stable, the market imports were decreased and shipments from manufacturers were active. In addition, the enthusiasm for upstream and downstream procurement had increased, resulting in a positive market trading atmosphere and a positive mindset among operators. The sulfur market continued to consolidate and rise.
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