Product Name: Sulfur
The latest price (March 15): 3,116.67 RMB/ton
Analysis review
According to the price monitoring of SunSirs, the average price of sulfur in East China on the 15th increased by 11.98% compared with previous day. On the 15th, the sulfur market was high and strong, and refineries in various regions of the country raised sharply. The price adjustment range of solid sulfur was 250-400 RMB/ton, and the adjustment range of liquid sulfur was 40-300 RMB/ton. The domestic market rose strongly.The reason for the sharp rise was the influence of the high price of the port. It was difficult to find the supply of goods on the port, and the holders were reluctant to sell. The price of sulfur was rising at a high level.In terms of downstream demand, the sulfuric acid market has risen, and the steady progress of fertilizer use in spring has continued to benefit the market demand. The supply in the domestic market was in short supply, and the price of solid and liquid sulfur iwas running at a high level.
Market outlook
In the short term, the sulfur market is on the strong side, and more attentions should be paid to the downstream follow-up situation.
