May 25, China’s domestic sulfur price up

On May 25, the sulfur commodity index was 85.78, up 0.73 points from yesterday, down 17.39% from 103.84 points (2011-11-02), the highest point in the cycle, and up 232.61% from 25.79 points, the lowest point on February 24, 2020( Note: period refers to the period from September 1, 2011 to now

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According to the price monitoring of business news agency, the average price of sulfur production in East China was 1563.33 yuan / ton, up 0.86%. Refineries in various regions of China adjusted their prices according to their own shipment situation. The quotations of solid and liquid sulfur were all increased, with different increases in different regions. The overall sulfur market was strong and upward. Sinopec increased solid and liquid sulfur by 20 yuan / ton in North China; The price of liquid sulfur in Shandong increased by 20-30 yuan / ton; The price of liquid sulfur in East China was increased by 50 yuan / ton. The rise and fall of solid sulfur prices in various regions are as follows:

region varieties May 24th May 25th Up and down

East China Sulfur (particle) 1600-1660 yuan / ton 1640-1700 yuan / ton forty

North China Sulfur (particle) 1460-1530 yuan / ton 1480-1550 yuan / ton twenty

Shandong Province Sulfur (particle) 1500-1550 yuan / ton 1500-1550 yuan / ton 0

In terms of sulphuric acid, the domestic market is differentiated, the price in Shandong is weak, the downstream demand is general, and the market trading is weak. In terms of phosphate fertilizer, the market demand was stable, the export order of Monoammonium was good, and the domestic demand was weak. Last week, the operating rate of enterprises decreased and the market price rose; The domestic market of diammonium is weak and stable, the demand is general, and the support for sulfur is weak.

Future forecast: at present, the price of domestic sulfur market is strong, domestic refineries maintain low inventory operation, and individual refineries overhaul, the attitude of on-site shippers is good, and sulfur enterprises ship smoothly. It is expected that the short-term sulfur market will be stable and wait-and-see.

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