China’s domestic sulphur market price trend dropped sharply on July 16

According to the data of business associations, the domestic sulphur market declined on July 16, with the average ex-factory price of sulphur market in East China falling by 4.59% at 900 yuan/ton.

POLYVINYL ALCOHOL

II. Market Analysis

Products: Domestic sulphur market prices have been sharply lowered, downstream demand performance is still weak, in order to stimulate shipments, refineries in various regions have increased their prices. East China market has dropped by 40-70 yuan/ton, Shandong market by 30 yuan/ton, and North China market by 20-30 yuan/ton. At present, there is a lack of substantive information guidance in the venue, the demand of downstream enterprises is weak, the overall atmosphere is cold, and the atmosphere of standstill and wait-and-see is strong.

PVA

Industry chain: The vulnerable sorting of sulphur market continues to decline. Some acid plants have been repaired. The downstream demand performance is still weak. The market is not good. The price is low or will go down.

III. Price Forecast

PVA FIBER

According to business associations, short-term domestic sulphur market or continued shock consolidation.