On June 9, the sulfur commodity index was 34.02, up 3.48 points from yesterday, down 67.24% from 103.84 (2011-11-02), the highest point in the cycle, and up 31.91% from 25.79, the lowest point on February 24, 2020. (Note: cycle refers to 2011-09-01 to now)
| Melamine |
According to the price monitoring of the business agency, on September 9, the domestic sulfur market quotation was raised as a whole, and the sulfur production price in East China was 620 yuan / ton, an increase of 11.38% per day. On Tuesday, refineries in various regions adjusted their prices according to their own shipments. The price of sulfur in East China of Sinopec increased by 20-30 yuan / ton, the price of solid sulfur by 590-680 yuan / ton and the price of liquid sulfur by 530-650 yuan / ton. The price of solid and liquid sulfur in North China of Sinopec increased by 30 yuan / ton simultaneously. The price of sulfur in Shandong of Sinopec increased by 80-90 yuan / ton and the price of solid sulfur by 630-640 yuan/ Tons.
At present, the domestic sulfur stock is low, the supply is reduced, and the market quotation is stable and upward. In the downstream, the factory mainly purchases on demand, and the export performance of phosphate fertilizer is acceptable. In the short term, the market lacks the guidance of substantive information, and the delivery and investment are cautious. The industry mainly waits for the performance of domestic fertilizer consumption in the later autumn.
Future market forecast: it is expected that the domestic sulfur market will stay on the sidelines in the short term.
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