Domestic sulfur prices rose broadly this week (3.12-3.18)

According to the price monitoring of business agency, the price trend of sulfur (granular sulfur) in East China rose sharply this week. On March 21, the quotation of sulfur was 3116.67 yuan / ton, an increase of 11.98% during the week and 41.45% month on month compared with 2783.33 yuan / ton at the end of last week.

 

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The domestic sulfur market continues to operate strongly, the port supply is tight, the low price spot is difficult to find, the high price market is upward, which is good for domestic refineries, regional refineries have no inventory pressure, the downstream sulfuric acid market is supported, the market demand is stable and good, the enterprise shipment is smooth, the supply is not in demand, the operator has a positive attitude and strong upward intention, the quotation rises sharply within the week, and the price of solid and liquid sulfur is generally raised between 250-400 yuan / ton. As of March 18, the regional prices of sulfur (particles) in China are as follows:

region ., varieties., March 12, March 21, Rise and fall

East China, Sulfur (particle) ,. 2770-2850 yuan / ton ., 3020-3150 yuan / ton ., 250-300

North China ., Sulfur (particle) ,. 2480-2690 yuan / ton ,. 2880-3000 yuan / ton ., 300-400

Shandong Province, Sulfur (particle) ., 2750 yuan / ton, 3150 yuan / ton, three hundred and fifty

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Think about the stability of the downstream phosphate fertilizer market. On Monday, the ammonium market continued to rise. The enterprise has sufficient waiting volume and good demand. In addition, due to the impact of cost, the manufacturer’s quotation has been raised and the cost focus has been moving upward. The market of diammonium dichloride was consolidated and operated within the week. The main enterprises issued early orders, the fertilizer for spring ploughing in the downstream increased, the on-site trading was active, and the traders operated with caution. From the perspective of supply and demand performance, the market of ammonium phosphate is stable and good.

 

According to the sulfur analysts of business society, the inventory of domestic sulfur refineries is not under pressure, the support of downstream market is good, the shipment of local refineries is smooth, and the price continues to rise. Driven by the port market, the future sulfur market may continue to run strong, and pay attention to the market follow-up.

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