Trade name: sulfur

Latest price (June 22):3863.33 yuan / ton

Key points of analysis: according to the price monitoring of the business club, the average price of sulfur in East China today has been reduced by 0.26% compared with yesterday. The quotation of enterprises has been greatly stable and slightly changed. The quotation of sulfur in some refineries has been slightly reduced by 30 yuan / ton, and the prices of other refineries have been temporarily stable. The domestic sulfur quotation is on the high side, and there is resistance in the downstream. Some operators buy sulfur at a low price when entering the market. The pressure of high price sulfur increases. In addition, the downstream sulfuric acid market is weak and the demand is limited. In order to maintain the pace of shipment, the domestic refineries reduce the quotation, and the overall market atmosphere is mainly stalemate and wait-and-see.

Future forecast: the short-term sulfur market will wait and see the consolidation and operation, and the price may be lowered. Pay attention to the downstream follow-up.