Sulfur market wait and see this week (8.13-8.19)

According to the price monitoring of the business agency, the sulfur price trend in East China increased slightly this week. On August 19, the average price of sulfur was 1153.33 yuan / ton, up 2.06% compared with the price of 1130.00 yuan / ton at the end of last month, up 24.46% compared with the beginning of the month.

 

Gamma Polyglutamic Acid

This week’s sulfur market is waiting to be sorted out and put into operation. The shipments of some manufacturers increased at the weekend, and the sulfur price rose slightly at the beginning of the week. The sulfur market in the week is mainly stable, while the downstream market is weak, and the market demand is general. The main buyers are just in need, and the prices of refineries in Shandong are stable. As of September 19, the price of solid sulfur in refineries in Shandong Province was between 1120-1290 yuan / ton, and the mainstream price of liquid sulfur was between 1050-1150 yuan / ton.

 

The downstream sulfuric acid market continued to decline, and the price fell sharply in the week. As of August 19, the average price of domestic sulfuric acid was 394 yuan / ton, a decrease of 13.60% compared with the price of 456 yuan / ton at the end of last week. The domestic sulfuric acid market is dominated by weak operation. The market supply is sufficient, the downstream demand is weak, the on-site supply is strong and the demand is weak, and the enterprise’s shipment is blocked. In order to relieve the inventory pressure, the market trading center is constantly moving downward.

 

The downstream phosphate fertilizer market is in a weak operation. The fertilizer use in the downstream of ammonium monohydrate in autumn is slow, the shipment is poor, the demand for raw materials is limited, and the mentality in the field is weak. The downstream demand of diammonium continues to be cautious and wait-and-see. The on-site trading atmosphere is cold, the manufacturer’s shipment situation is general, the inventory pressure is large, and the market situation is weak. The overall demand of the ammonium phosphate Market has not improved, the downstream follow-up is limited, the contradiction between supply and demand in the field continues, and the ammonium phosphate Market is in a weak position.

 

According to the sulfur analysts of business club, the downstream market of domestic sulfur is weak, the demand support is insufficient, the shipment of manufacturers is not good, a small number of transactions are just to be followed up, and the contradiction between supply and demand in the market is obvious. It is expected that the short-term sulfur market will wait and see the consolidation and operation, and the price will be temporarily stable. Specific attention will be paid to the market follow-up.

http://www.gammapolyglutamicacid.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>