On April 14, the sulfur commodity index was 32.92, down 1.47 points from yesterday, 68.30% from 103.84 (2011-11-02), and 27.65% higher than 25.79, the lowest point on February 24, 2020. (Note: cycle refers to 2011-09-01 to now)

According to the price monitoring of the business agency, the sulfur production price in East China fell 4.26% to 600 yuan / ton on the 14th. Last week, the domestic sulfur market showed a cold performance, the enthusiasm of the downstream market procurement was not high, the port inventory was high, and the consumption was slow. In the end of the spring ploughing with fertilizer, the export of phosphate fertilizer was not clear, the market stalemate and wait-and-see atmosphere was strong, and the attitude of the industry towards the future market was unstable. At present, the domestic supply and demand performance is stagnant, the downstream follow-up is insufficient, the trading atmosphere of the sulphuric acid market is sluggish, and the supply and demand in the market lacks the guidance of substantive information, so the buyer and the seller have different forecasts for the future market. On April 14, refineries in various regions in China adjusted their prices according to their own shipments. Sinopec Zhenhai Petrochemical Co., Ltd. reduced the price of liquid sulfur by 30 yuan / ton, Jinling Petrochemical Co., Ltd. reduced the price of solid sulfur by 30 yuan / ton, East China region by 57-680 yuan / ton, and liquid sulfur by 510-600 yuan / ton. Sinopec North China region quotation was temporarily stable. Sinopec Shandong region reduced the price of solid sulfur by 20-30 yuan / ton, and the price was 610-620 yuan / ton 。

Future forecast: it is expected that the domestic sulfur market will be weak and stable in the short term.