Price trend
According to the price monitoring of SunSirs, the average price of sulfur in East China on September 21 was 1,206.67 RMB/ton, up 2.26% from the previous working day, and the market conditions were weakly sorted up.
Analysis review
The downstream sulfuric acid market stabilized, and the quotations in some regions were raised according to the shipment situation. The trading focus of the ammonium phosphate market was slightly raised, the downstream demand improved, the trading atmosphere in the market was improving, and the support for the sulfur market was strengthened.
Sulphur downstream factories in Shandong were actively receiving shipments, and refineries had smoother shipments. In addition, due to the tight supply of goods at the port, the market rose, the industry's mentality improved, and the price of sulfur increased.
Market outlook
It is expected that the sulfur market will be stable and wait-and-see operation in the short term, and pay special attention to the downstream follow-up situation..
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.