SunSirs: The Sulfur Market in Shandong Region Operated Strongly on September 4th
September 05 2023 10:31:51     SunSirs (John)Price trend
On September 4th, the sulfur prices of refinery enterprises in Shandong region were increased, with the mainstream price of solid sulfur ranging from 1,080 to 1,270 RMB/ton, an increase of 70 RMB/ton; The mainstream price of liquid sulfur was between 1,080-1,200 RMB/ton, with an increase of 50-70 RMB/ton within the range. The price was for reference only, and the actual transaction price prevailed.
Analysis review
The sulfur manufacturer's equipment was operating normally, the market supply was stable, the manufacturer's inventory was not under pressure, and the downstream phosphate fertilizer market was improving. Purchasing in the market was active, which was good for sulfur support. The manufacturer's sales were smooth, and sulfur prices were rising accordingly.
Market outlook
In the short term, the sulfur market will consolidate strongly.
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