Price trend

According to the price monitoring of SunSirs, the price trend of sulfur in East China fell first and then rose this week. The average price of sulfur was 1,153.33 RMB/ton on February 17, up 0.58% from the price of 1,146.67 RMB/ton on February 11, and down 1.42% from the beginning of the month.

Analysis review

The sulfur market in East China was sorted in a range. Domestic refinery units operated normally, the supply of goods in the market was stable, the enthusiasm of the downstream to take goods was not good at the beginning of the week, and the manufacturer's inventory was sufficient. In order to stimulate the shipment, the sulfur price was reduced. The downstream procurement was increased at the end of the week, and the enterprise's shipment was stable. Some manufacturers raised their prices according to their own inventory, and the overall price fluctuation during the week was not large. As of the 17th, the mainstream price of solid sulfur in refineries in Shandong was around 1,120-1,190 RMB/ton; The mainstream price of liquid sulfur was 1,080-1,150 RMB/ton.

The market of downstream sulfuric acid was mainly upward, As of February 17, the average price of domestic sulfuric acid was 238.33 RMB/ton, up 2.87% from the price of 231.67 RMB/ton at the end of last week. The sulfuric acid plant operated normally, the market supply was stable, the downstream demand was increased compared with the previous period, the market trading atmosphere was improved, and the sulfuric acid enterprises raised their prices according to their own shipments.

The market of ammonium biphosphate rose first and then fell. On February 17, the average market price of 55% powdered ammonium biphosphate was 3,320.00 RMB/ton. On February 11, the average market price of 55% powdered ammonium biphosphate was 3,317.50 RMB/ton. The market price of ammonium biphosphate was increased by 0.08%. Downstream customers were cautious, the purchasing enthusiasm was general, new orders on the market was few, overall trading atmosphere was poor, fluctuating market trading focus, and the weekly market of ammonium biphosphate. The trading center of the market fluctuated, and the ammonium biphosphate market was sorted within the week.

Market outlook

According to the sulfur analyst of SunSirs, the domestic refinery units operated smoothly, the market supply of goods was stable, the sulfur price was greatly affected by the downstream demand, the terminal phosphate fertilizer market was not performing well, the sulfur market was lack of positive, the refinery was mainly temporarily stable for delivery, the operators were of wait-and-see attitude. It is expected that the sulfur market will run smoothly in the short term. Pay attention to the follow-up of the downstream.

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