According to the price monitoring of business news agency, the trend of sulfur price in East China increased slightly this week. The average price of sulfur production was 1550.00 yuan / ton at the beginning of the week and 1563.33 yuan / ton at the end of the week, with an increase of 0.86% in the week and 5.16% compared with the beginning of the month.

This week, the domestic sulfur market was stable and on the rise. The domestic refineries in various regions maintained low inventory and stable delivery performance. The downstream factories purchased on the market fairly well, mainly on demand. The US gold price was high, supported by the market mentality, and the shippers had a positive mentality. The sulfur price rose. During the week, the domestic refineries adjusted their prices according to their own shipment situation, and Sinopec’s solid-liquid sulfur in North China increased by 20 yuan / ton at the same time; In Shandong, the price of solid sulfur is temporarily stable, and the price of liquid sulfur is increased by 20-30 yuan / ton; In East China, the price of solid sulfur was increased by 40 yuan / ton, and that of liquid sulfur was increased by 50 yuan / ton. As of the 30th, the regional price of sulfur in China is as follows:

region varieties May 30th

East China Sulfur (particle) 1640-1700 yuan / ton

North China Sulfur (particle) 1480-1550 yuan / ton

Shandong Province Sulfur (particle) 1500-1550 yuan / ton

In the downstream phosphate fertilizer market, the market of Monoammonium is up, export orders are good, domestic demand is weak, market trading is acceptable, and raw material prices are rising. Affected by this, the trend of Monoammonium may continue to rise in the later stage; The domestic market of diammonium is weak and stable, and the demand is general. Domestic fertilizer use in summer is small, the market demand of ammonium phosphate is weak, and the future market is stable. In terms of sulphuric acid, the downstream demand was weak, the floor trading was general, and the market transaction price was low. The price trend in Shandong continued to decline, with a decline of 3.11% in the week. In the later stage, the sulphuric acid price was weak.

Sulfur analysts of business news agency believe that the domestic sulfur market is stable and upward, refinery inventory in various regions remains low, and export orders of downstream phosphate fertilizer are good. In addition, the US gold plate remains high, so the sulfur market continues upward consolidation, and attention should be paid to the follow-up situation of downstream.