1、 Price trend
| Sodium Molybdate |
According to the price monitoring of the business agency, the sulfur production price in East China at the weekend was 940 yuan / ton, which was 926.67 yuan / ton at the beginning of the week, up 1.14% during the week and 35.58% higher than that of last year.
2、 Market analysis
This week, the sulfur market in East China was stable and upward. The inventory of refineries in various regions of China remained low. Downstream factories and traders purchased on demand, and the shipment was smooth. The port quotation cost was high, and the shippers had no intention to ship at low price, which has certain support for the domestic sulfur market. During the week, Sinopec’s sulfur quotation in East China was stable, the mainstream price of solid sulfur was 890-1200 yuan / ton, and the mainstream price of liquid sulfur was 840-980 yuan / ton; the solid-liquid sulfur price in Shandong area of Sinopec was increased by 20 yuan / ton, both in 960-970 yuan / ton; in North China of Sinopec, the price of solid and liquid sulfur was increased by 20 yuan / T, 810-830 yuan / T and 780-840 yuan / T, respectively.
On the downstream side, fertilizer use in autumn is coming to an end, and the export of phosphate fertilizer is also finishing up, and the market trading is slightly flat. This week, the domestic market trend of ammonium phosphate is good, the enterprise quotation is firm under the support of raw materials, and the market order is sufficient. In terms of sulfuric acid, the domestic market performance is different. The price trend in Shandong is mainly weak and stable. The price of mainstream manufacturers is temporarily stable, and the inventory of manufacturers is small, and the downstream demand is strong. It is expected that the sulfuric acid market will rise slightly in the future.
3、 Future forecast
Aftermarket forecast: the sulfur analysts of the business club believe that the domestic sulfur market is stable and good at present, local inventories are maintained at a low level, phosphate fertilizer is stored in winter, and the market demand is good. It is expected that the short-term sulfur market will continue to rise steadily.
| povidone Iodine |