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SunSirs: On January 11th, the Sulfur Market in Shandong Region Was Sorted out

January 12 2024 09:40:35     SunSirs (John)

Price trend

On January 11th, refinery enterprises in Shandong Province quoted sulfur prices, with the mainstream price of solid sulfur ranging from 900 to 950 RMB/ton; The mainstream price of liquid sulfur was between 900-1,030 RMB/ton, and the price was for reference only.

Analysis review

The sulfur manufacturer's equipment was operating normally, with sufficient market supply and weak prices at the port, which had a negative impact on the spot market. Downstream buyers followed up on demand, and the market trading atmosphere was still acceptable.

Market outlook

In the short term, the sulfur market is expected to be consolidated.

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