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SunSirs: On December 13th, the Sulfur Market Slightly Increased

December 14 2023 10:27:36     SunSirs (John)

Product name: Sulfur

Latest price: On December 13th, the average sulfur price in East China was 1,076.67 RMB/ton, an increase of 1.57% compared to the previous working day price of 1,060.00 RMB/ton.

Analysis review

The domestic sulfur market had seen a slight increase, with sulfur refinery units operating normally and market supply stable. Downstream demand for goods had increased, and the market trading atmosphere was positive. Refinery shipments were smooth and inventory had decreased. Manufacturers had a positive attitude and adjusted their prices based on their own shipment situation.

Market outlook

The market supply of goods remained rational, manufacturers had no inventory pressure, downstream demand was stable, and it is expected that the short-term sulfur market will be stronger, with narrow price fluctuations.

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