China’s domestic sulfur price declined in November

Price trend

According to the price monitoring of business agency, the average ex factory price of sulfur market in East China on November 30 was 2000.00 yuan / ton, a decrease of 5.81% in the month and a year-on-year increase of 109.06% compared with the average ex factory price of 2123.33 yuan / ton at the beginning of the month.

Thiourea

In November, the domestic sulfur market was mainly sorted out and operated, and the price trend was significantly reduced. During the month, refineries in various regions in China maintained low inventory operation, downstream factories and traders purchased on demand, and enterprise shipments were relatively smooth. Domestic sulfur manufacturers adjusted their quotation according to their own sales situation. The sulfur market operated on a wait-and-see basis. The spot resources in the port were tight, and the mentality of cargo holders was cautious.

Downstream market of industrial chain

The downstream sulfuric acid market continued to decline. During the month, the prices of mainstream sulfuric acid manufacturers in Shandong decreased slightly, the manufacturers’ inventory was small, the downstream procurement enthusiasm was general, and the market was weak under the weakness of supply and demand.

In terms of phosphate fertilizer, the progress of winter storage market is slow. In November, the market of Monoammonium and diammonium is weak, the market demand is general, and the trading atmosphere on the floor is weak. Diammonium enterprises mainly maintain early orders, the price market is stable, the price trend of Monoammonium is declining, and the support for sulfur is weak.

Future forecast

According to the sulfur analyst of business society, the domestic sulfur price is weak. Although the inventory of refineries in China is still low and the shipment of enterprises is smooth, the demand of phosphate fertilizer market is weak and the support of terminal consumption for sulfur is insufficient. It is expected that the sulfur market will wait and see, and pay attention to the market transaction.

http://www.thiourea.net

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