Price data
According to the data from the business associations’list, the domestic sulfur market price was temporarily stable this week. At the beginning of the week, the average domestic granular sulfur ex-factory price was about 1,143.33 yuan/ton. At the weekend, the average domestic granular sulfur ex-factory price was about 1,143.33 yuan/ton, and the price was stable within the week.
| barium chloride 99% |
II. Market Analysis
Products: This week, the sulphur market is mainly weak, the buyers and sellers are deadlocked, the real information is scarce, the interest of terminal enterprises in purchasing is low, and there is a lack of information guidance on the spot, and the negotiation atmosphere is weak. This week, refineries in various regions in China showed different performances. Shandong maintained stable operation. The prices of refineries in North China and East China rose 20-80 yuan/ton. Prices in most regions increased slightly by 10-80 yuan/ton. As of the 22nd, Sinopec’s price of sulphur in Shandong was stable. The mainstream price of solid sulphur was 1190-1230 yuan/ton, and the mainstream price of liquid sulphur was 190-1180 yuan/ton. The price of sulphur in the region is stable. The mainstream price of solid sulphur is between 1030 and 1100 yuan/ton, and that of liquid sulphur is between 1000 and 1120 yuan/ton.
| barium chloride 98% |
Industry chain: The price trend of downstream sulfuric acid has been slightly reduced, with a price of 357.50 yuan/ton at the beginning of the week and 345.00 yuan/ton at the end of the week, with a drop of 3.5%. This week, the bromine market has been running steadily and the average price of bromine has remained around 35,000 yuan/ton during the week, up 26.74% from the same period last year. In the short run, the sulfuric acid market has little fluctuation. Considering the arrival of centralized maintenance plan for sulfuric acid enterprises or the possibility of flexible price increase, the sulfur market upstream will also be flexibly adjusted.
3. Future Market Forecast
Sulphur analysts from the Business Society Chemical Branch believe that the supply and demand performance of the market is not obvious, there is no news guide, downstream buyers with insufficient documentary orders mainly to consume, demand is limited, in the short term, the sulfur market will continue to be vulnerable to consolidation.
| barium chloride |