Price trend

According to the price monitoring of the business agency, the average ex factory price of sulfur market in East China was 2123.33 yuan / ton on October 31. Compared with the average ex factory price of 1970.00 yuan / ton at the beginning of the month, it increased by 7.78% in the month and 125.89% year-on-year compared with last year.

In October, the domestic sulfur was sorted out at a high level, the price trend was stable and upward, and the market situation was strong. During the month, the inventory of refineries in various regions in China remained low. Downstream factories and traders mainly purchased on demand, and the enterprise shipped smoothly. The port was cautious to wait and see, and it was difficult to find the spot on the site. The holder had no intention to ship at a low price. The external price was strong, which boosted the mentality of domestic refineries, Domestic sulfur manufacturers adjusted their quotation according to the sales situation, and the sulfur market price increased slightly. As of December 31, the price of solid sulfur in various regions of China had risen and fallen as follows:

region varieties October 8th October 31st Rise and fall (yuan / ton)

East China Sulfur (particle) 1900-1990 yuan / ton 1920-1990 yuan / ton 20/0

North China Sulfur (particle) 1830-1890 yuan / ton 1920-1980 yuan / ton 90/90

Shandong region Sulfur (particle) 1980 yuan / ton 2200 yuan / ton two hundred and twenty

Downstream market of industrial chain

The downstream sulfuric acid market fluctuated. During the month, the prices of mainstream sulfuric acid manufacturers in Shandong rose and fell. Some enterprises were limited by environmental protection, with low start-up, general manufacturer inventory, good downstream demand, smooth enterprise shipment and good market situation. It is expected that the trend of sulfuric acid in the later stage may rise slightly.

In terms of phosphate fertilizer, domestic demand continued to be weak. In October, the market of Monoammonium and diammonium was weak, the market atmosphere was weak, and the market trend was weak. Diammonium enterprises mainly maintained export orders, and the delivery of goods was relatively smooth. The market of Monoammonium was stable and downward, with general support for sulfur.

Future forecast

According to the sulfur analysts of the business society, the current domestic refineries are at a high level, the downstream demand is average, coupled with the decline in the start-up of phosphate fertilizer, the on-site mentality is cautious, and it is expected that the sulfur market will be weak in the later stage, and the specific attention will be paid to the market transaction.