According to the price monitoring of the business agency, the sulfur price in East China rose slightly this week. On June 19, the sulfur price was 3973.33 yuan / ton. Compared with the price of 3963.33 yuan / ton at the beginning of the week, it rose slightly by 0.25% during the week and decreased by 0.83% month on month.

This week, the sulfur market was consolidated and operated. The sulfur price was high, and some downstream had resistance to the high price, so their purchasing enthusiasm was weakened. In order to maintain the shipment, the enterprise lowered its quotation. In the later part of the week, the downstream just needed to follow up. The enterprise’s shipment was ok, and the quotation was temporarily stable. As of the 19th, the fixed sulfur price of refineries in Shandong Province was between 3880-4040 yuan / ton, with a range reduction of 20 yuan / ton; the mainstream price of liquid sulfur was between 3950-4000 yuan / ton, with a range reduction of 50 yuan / ton.

This week, the sulfuric acid Market in Shandong was weak and downward, and the price trend fell during the week. On June 17, the quotation was 1076 yuan / ton, a decrease of 5.39% compared with the beginning of the week. The devices of mainstream sulphuric acid manufacturers in Shandong have resumed normal operation, and the market supply is relatively sufficient. The downstream enterprises’ devices are overhauled, the demand for sulphuric acid is weakened, the operators’ mentality is bearish, the enterprise quotation is lowered, and the market fluctuates and falls in the week.

The downstream phosphate fertilizer market has been consolidated at a high level. The market in one week is mainly stable. The manufacturer’s inventory is tight, some enterprises’ quotations are suspended, and a small number of orders are received. The downstream enterprises are not enthusiastic about purchasing, just need to follow up, and the market trading atmosphere is acceptable. The market of diammonium chloride rose slightly, the raw materials were in short supply, and the spot market was tight. The enterprise had the support of early orders, and the quotation increased slightly. The market was running at a high level.

According to the sulfur analysts of business agency, the current domestic sulfur price is on the high side, the downstream market is weakened, and the demand is reduced. In addition, some operators are resistant to high prices. It is expected that the sulfur market will be weak in the future, with little change. The overall price is still high, and the specific attention will be paid to the market follow-up.