1、 Price trend
According to the price monitoring of business agency, the average ex factory price of sulfur market in East China on September 30 was 850.00 yuan / ton, which was 7.14% lower than 793.33 yuan / ton at the beginning of the month, and 46.55% higher than that of last year.
| PVA 2088 (PVA BP20) |
2、 Market analysis
In September, the sulfur market was on the rise as a whole, with obvious support from port cargo holders. The sulfur market continued to rise. Domestic sulfur manufacturers made price adjustments based on the sales situation, and the price trend rose steadily in the month. As of the 30th, the quotations of solid sulfur and liquid sulfur in East China are 860-1060 yuan / ton, 760-900 yuan / ton, 710-800 yuan / ton and 660-720 yuan / ton in North China, 840-850 yuan / ton in Shandong.
At present, the downstream sulfuric acid market is trading well. The shipment of sulfuric acid manufacturers in Shandong is stable, and the inventory of acid enterprises is low. The quotation of sulfuric acid rises slightly, and the double festival is approaching. The manufacturers prepare more goods, and the market after the festival is mainly organized and operated. In terms of phosphate fertilizer, export and domestic demand are stable, enterprises are able to move goods smoothly, and the future market is stable temporarily.
| PVA 1788 (PVA BP17) |
3、 Future forecast
According to the sulfur analysts of the business club, the enthusiasm of downstream factories and traders in the sulfur market is not high, the internal and external markets are lack of substantive information guidance, and the buyers and sellers are mainly on the wait-and-see manner. In addition, the port side has a clear attitude to support the market. It is expected that the sulfur market or consolidation operation will be carried out in the later stage, so as to watch the downstream market trend.
| POLYVINYL ALCOHOL |