SunSirs: Expected Slight fluctuations in Sulfur Prices in the Short Term
May 17 2023 10:32:19
Latest price of sulfur (May 15th): 783.33 RMB/ton and wait and see in the future
Key points of analysis: On May 15th, the domestic sulfur market improved and prices generally increased. The on-site refinery equipment is operating normally, the market supply is stable, and the end industry's trading performance is average. Downstream demand support is limited. Sulfur manufacturers have a wait-and-see attitude and are actively shipping. Some companies have good shipments on weekends, and inventory has decreased. Manufacturers adjust prices based on their own inventory situation.
Future Market Forecast: Under the supply and demand game, it is expected that the short-term sulfur market will operate on a wait-and-see basis, with price ranges fluctuating.
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