Domestic sulfur prices continued to rise (10.16-10.22)

According to the price monitoring of business agency, the price of sulfur (granular sulfur) in East China rose this week. On October 22, the average price of sulfur production was 2083.33 yuan / ton, an increase of 2.29% compared with 2036.67 yuan / ton at the beginning of the week, and an increase of 6.84% month on month.

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The sulfur market trend continued to be stable, medium and upward this week. The refinery inventory in various regions in China maintained a low level. The downstream factories mainly purchased on demand. The enterprise shipped smoothly and had a positive attitude on the site. During the week, the refinery in various regions adjusted the quotation according to their own shipment. The price of liquid sulfur in East China was temporarily stable, and the mainstream price was 2010-2140 yuan / ton; Liquid sulfur in North China will be increased by 30 yuan / ton, and the mainstream price will be 1840-1940 yuan / ton; Liquid sulfur in Shandong will be increased by 30 yuan / ton, and the mainstream price will be 2030-2040 yuan / ton. As of October 22, the regional prices of sulfur (particles) in China are as follows:

region varieties October 16th October 22nd Rise and fall

East China Sulfur (particle) 1900-1990 yuan / ton 1900-1990 yuan / ton 0 yuan / ton

North China Sulfur (particle) 1890-1950 yuan / ton 1920-1980 yuan / ton 30 yuan / ton

Shandong region Sulfur (particle) 2080 yuan / ton 2150 yuan / ton 70 yuan / ton

The downstream phosphate fertilizer market remained stable, the domestic market demand tended to be rational, the market trading was mainly on demand, and the shipment remained stable. The downstream compound fertilizer enterprises of Monoammonium have no obvious intention to purchase raw materials and hold a wait-and-see attitude. Diammonium enterprises still mainly issue early-stage orders, with good cost support, downstream purchase on demand, and high diammonium prices. In terms of supply and demand performance, the ammonium phosphate market operates smoothly.

According to the sulfur analysts of the business society, the domestic sulfur market is relatively strong, the US gold market is high, the port supply is tight, and the mentality of the freight merchants is wait-and-see, which provides effective support for the domestic refinery market. In addition, the warehouse position of domestic refinery enterprises remains low and the shipment is stable. It is expected that the sulfur market will be sorted and operated at a high level, and pay attention to the market follow-up.

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