SunSirs: On July 19, the Sulfur Market in Shandong Area Was Sorted Out to Be Weak
July 20 2022 14:31:30 SunSirs (John)Price trend
According to the price monitoring of SunSirs, the average sulfur price in East China on the 11th was 1,733.33 RMB/ton, down 1.89% from the previous working day. The price of sulfur in Shandong refineries was stable with small changes, and some refineries lowered it by 50 RMB/ton.
Analysis review
Downstream demand continued to be weak, the enthusiasm for purchasing in the market was general, the company's shipment situation was not good, there was inventory pressure, there were low-priced supply in the market, downstream purchases ere cautious, corporate quotations were weak and down, and sulfur support was weak.
Market outlook
In the short term, the sulfur market will be dominated by weak consolidation, with specific attention to the downstream follow-up situation.
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- 2024-03-06 SunSirs: On March 5th, the Sulfur Market in Shandong Region Saw Mixed Ups and Downs
- 2024-02-22 SunSirs: On February 21st, the Sulfur market in Shandong Region Was Sorted out
