Product Name: Sulfur
The latest price (March 29): 3,183.33 RMB/ton
According to the price monitoring of SunSirs, the average price of sulfur in East China on the 29th increased by 5.86% compared with previous day.
Analysis review
The supply of goods at the port was tight, and the quotation was high and strong, which supported the increase in the quotation of domestic refineries. In addition to the positive impact of the continuous upward trend of the sulfuric acid market, the downstream demand was strong, while the inventory of domestic refineries was low, and the market supply was in short supply, the enterprise's sulfur continued to rise.
The price of solid sulfur in refineries did not change much, and the solid sulfur in Shandong was temporarily stable. Only a few manufacturers in East China raised the price of solid sulfur by 50 RMB/ton, and in North China by 100 RMB/ton. Liquid sulfur rose more, with an increase of 350 RMB/ton in Shandong, an increase of 70-150 RMB/ton in East China, and an increase of 200-300 RMB/ton in North China.
Market outlook
In the short term, the sulfur market will run at a high level, and pay attention to the downstream follow-up situation.
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