Stable downstream demand, stable sulfur market

The sulfur commodity index on December 31 was 55.60, unchanged from yesterday, down 46.46% from 103.84 (2011-11-02), the highest point in the cycle, and up 115.59% from 25.79, the lowest point on February 24, 2020. (Note: period refers to the period from September 1, 2011 to now)

 

According to the price monitoring of the business association, the average price of sulfur production in East China is 1013.33 yuan / ton. Refineries in various regions in China quote prices according to their own shipment situation. Sulfur quotations in North China and Shandong are temporarily stable, and the sulfur market is strong. With the concentration of port cargo rights, refineries in various regions of China maintain low inventory operation, the attitude of cargo holders is better, the low price in the market is hard to find, and the buyer and the seller mainly wait and see. Sinopec’s mainstream price of solid sulfur in North China is 910-920 yuan / ton; Sinopec’s mainstream price of solid sulfur in East China is 970-1280 yuan / ton; Sinopec’s mainstream price of solid sulfur in Shandong is 1020-1050 yuan / ton.

 

In terms of sulphuric acid, domestic market differentiation operation, Shandong sulphuric acid enterprises started smoothly, enterprise inventory remained low, downstream demand was good, market purchase was active, market transaction atmosphere was good, and future market was weak and stable. The market demand for phosphate fertilizer is stable, the price trend of Monoammonium and diammonium is dominant, the winter storage market is in progress, the inquiry in the market is positive, the orders are sufficient, and the market continues to improve.

 

Future forecast: at present, the price of domestic sulfur market is strong, the domestic sulfur inventory is low, the quotation of sulfur enterprises is stable as a whole, the shipment is smooth, the new year’s Day holiday is approaching, the market talks are mostly wait-and-see, and the short-term sulfur market is expected to be stable.

Thiourea