According to the data of business associations, the domestic sulphur market declined on July 2, with the average ex-factory price of sulphur market in eastern China being 963.33 yuan/ton, a decline of 3.35%.
II. Market Analysis
Products: Domestic sulphur market prices have been lowered as a whole. The prices of refineries have been flexibly lowered by 20-50 yuan/ton, solid sulphur quoted by 810-1000 yuan/ton and liquid sulphur by 780-950 yuan/ton. The market performance was cold and there was less real-life negotiation.
Industry chain: The market price of downstream sulphuric acid in Shandong is rising, but the enthusiasm of customer demand is general, the market support is limited, and the future sulphur market is mainly on the lookout.
III. Price Forecast
According to business associations, the domestic sulphur market will remain stable in the short term.