Price trend
| Chitosan oligosaccharide |
According to the price monitoring of the Business Agency, the price of sulfur in East China continued to rise in the first ten days of January. The average price of sulfur was 1300 yuan/ton on January 10, an increase of 2.36% compared with the price of 1270 yuan/ton at the beginning of the month, and a decrease of 14.10% month-on-month.
The sulfur market in East China is up, the domestic refinery units are operating normally, and the enterprise inventory is sufficient. In order to alleviate the inventory pressure, the sulfur refinery makes profits and shipments, and the enthusiasm of the downstream to enter the market increases. In addition, some downstream replenishment in advance, the market trading atmosphere is good, and the focus of sulfur trading continues to rise. As of the 10th, the mainstream price of solid sulfur in refineries in Shandong was about 1240-1360 yuan/ton, and the mainstream price of liquid sulfur was 1240-1320 yuan/ton.
Downstream market of industrial chain
The downstream sulphuric acid market is weak and downward. As of January 10, the average price of domestic sulphuric acid was 280.00 yuan/ton, down 2.33% from the price of 286.67 yuan/ton at the beginning of the month. The site operation rate increased, the supply of sulfuric acid was sufficient, the downstream operation was low, the demand was weak, the shipment of sulfuric acid enterprises was poor, and some operators were bearish, and the price of sulfuric acid was reduced.
| Gamma-PGA (gamma polyglutamic acid) |
The market price of monoammonium phosphate is weak and downward. On January 10, the average market price of 55% monoammonium phosphate was 3440.00 yuan/ton. At the beginning of January, the average market price of 55% monoammonium phosphate was 3537.50 yuan/ton, and the market price of monoammonium phosphate was reduced by 2.76%. The market demand is weakened, the transaction atmosphere is not good, the downstream takes the goods according to the demand, the purchasing enthusiasm is not high, and the market focus of monoammonium phosphate is lowered.
Aftermarket forecast
According to the sulfur analyst of the Business Society, the sulfur refinery at the supply side is currently operating smoothly, with sufficient inventory performance. The operators are in a wait-and-see attitude, mainly with stable price delivery, and there may be stock preparation operations in the downstream before the festival. The market trading atmosphere is increased. It is expected that the short-term sulfur market will be sorted up, and the follow-up situation in the downstream will be paid attention to.
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