Price Trend
According to the price monitoring of business associations, the average ex-factory price of sulphur market in East China is 810 yuan/ton, a decline of 5.81%. On August 6, the sulphur commodity index was 44.44, down 2.75 points from yesterday, down 57.20% from 103.84 points in the cycle (2011-11-02), up 27.41% from 34.88 points on October 23, 2016. (Note: Period refers to 2011-09-01 to date)
| http://www.lubonchem.com/ |
II. Market Analysis
Products: Domestic sulphur market prices have been sharply lowered, downstream demand performance is still weak, terminal purchasing enthusiasm is weak, in order to stimulate shipment, refineries in various regions have adjusted their prices. Eastern China market has dropped by 30-50 yuan/ton, the mainstream price of solid sulphur is about 680-740 yuan/ton, and the mainstream price of liquid sulphur is about 660-730 yuan/ton. The price of solid and liquid sulphur in Shandong market was reduced by 30-50 yuan/ton, the mainstream price of solid sulphur was around 870-880 yuan/ton, the mainstream price of liquid sulphur was around 710-770 yuan/ton, the mainstream price of solid sulphur was about 680-730 yuan/ton and the mainstream price of liquid sulphur was 650-690 yuan/ton in North China market.
Industry chain: The vulnerable sorting of sulphur market continues to decline. The downstream acid market currently has a cold trading atmosphere, obvious contradictions between supply and demand, prudent trading by businessmen, poor mindset of business operators, hard to find in real negotiations, and low prices are expected or will go down.
Industry: From the demand point of view, downstream stalemate, weak demand, difficult to change. Domestic port inventory is high, market turnover is still cold, real information is scarce, port storage consumption is slow, buyers and sellers wait for information guidance. Domestic sulphur market continued to decline, downstream demand has not improved, industry expectations of the future market is not high, look at the strong atmosphere.
| Sodium Molybdate |
3. Future Market Forecast
Business sulfur analysts believe that the current sulfur market lacks information guidance, no substantial positive factors, downstream demand has not improved temporarily, coupled with high Hong Kong deposits, the short-term sulfur market is expected to continue a weak downturn.
| Benzalkonium chloride |