Price data:
| PVA 1788 (PVA BP17) |
According to the data from the business associations’list, the domestic sulphur market has been running steadily this week, with the average export price of granular sulphur at the weekend being about 1433.33 yuan/ton, up 27.47% from the same period last year.
II. Market Analysis
Products: On Tuesday, the price of sulphur market increased. The quotation of domestic refineries basically increased by 20-60 yuan/ton this week. At the same time, the price of port transactions also rose sharply to support the domestic market. The price of international market is inversely linked to that of domestic market, and the overall trend of Chinese market is rising.
Industry chain: Phosphate fertilizer market is running slowly, monoammonium is short of real orders, and domestic delivery of diammonium remains sluggish. On the downstream side, demand is sluggish, replenishments are less, traders are not willing to make profits, and holders’quotations are firm.
3. Future Market Forecast
Sulphur analysts from the Business Society Chemical Branch believe that in the near future, the mainstream port stock is not high, the market is supported slightly, the TRADERS’price-fixing mentality is obvious, the willingness to make profits and shipments is not strong, and the sulfur market is mainly stable in the near future.
| PVA 0588 ( PVA BP05) |