This week’s sulfur market was high (6.21-6.27)

According to the price monitoring of business agency, the trend of sulfur price in East China increased slightly this week, with the average sulfur production price at 1613.33 yuan / ton at the beginning of the week, 1633.33 yuan / ton at the weekend, up 1.24% in the week, up 2.51% from the beginning of the month.

This week, domestic sulfur market was stable and small, and the inventory of refineries in various regions of China remained low, and the delivery performance was still acceptable. The downstream plants were not active in purchasing in the market, mainly on demand, a small amount of market orders, and a quiet mentality in the field. Within the week, domestic refining companies adjusted prices according to their own delivery conditions, the quotation of liquid sulfur was unchanged, the solid sulfur in Shandong increased by 30 yuan / ton, Yanshan Petrochemical sulfur fixation in North China was reduced by 20 yuan / T, and other regions were stable. As of the 25th, the prices of sulfur in various regions of China are as follows:

region varieties June 25th

East China Sulfur (particles) 1670-1730 yuan / ton

North China Sulfur (particles) 1470-1600 yuan / ton

Shandong Province Sulfur (particles) 1590-1640 yuan / ton

Downstream phosphate Market, the market of ammonium monoammonium rose, and diammonium continued to be stable. The order of ammonium monoammonium enterprise is sufficient, a small amount of new orders are accepted, the spot supply is limited, the goods in the yard are tight, and the price is arranged at a high level. Domestic demand for ammonium dioxide is flat. Because of the good market demand abroad, coupled with the low commencement rate of diammonium enterprises, the maintenance of some enterprises’ installations, the low social inventory of diammonium, and a slight shortage of supply, the market may rise in the future. Comprehensive analysis of the phosphate fertilizer market has a good support for the trend of sulfur later stage.

Sulfur analysts of business agency believe that the overall trend of domestic sulfur market is stable, medium and upward, and the inventory of refineries in various regions is mainly low, plus the downstream phosphorus fertilizer export orders are good, and the trend of the market is good. It is expected that the sulfur market will be in the upward direction or sorted up, and pay attention to the downstream follow-up.

PVA