On July 11, the sulfur market in Shandong Province fell broadly

According to the price monitoring of business agency, the average price of sulfur in East China was 2773.33 yuan / ton on the 11th, down 12.42% from the previous working day. Shandong refinery enterprises sharply reduced their quotations over the weekend, followed by individual refineries on Monday, with sulfur down 490-600 yuan / ton compared with last Friday.

 

At present, the downstream phosphate fertilizer and sulfuric acid market is weak, the demand for sulfur is limited, the shipment of enterprises is blocked, the inventory pressure increases, and there are low-cost sources in the market, resulting in increased resistance to the sale of refineries, and the quotation of enterprises falls again and again. However, the price of crude oil at the raw material end falls, which is indirectly bad for the sulfur market. Considering all factors, the sulfur support is weak, and it is expected that the short-term sulfur market will be weak and the price will continue to decline, Pay attention to the downstream follow-up.

Thiourea