Sulfur: Contrast between external strength and internal weakness

Entering December, the domestic sulfur market began to weaken after experiencing a high level of consolidation

"The phenomenon of the contrast game between internal and external disks is the most concerned by traders and downstream companies, especially in the context of more uncertain factors in the current international situation.

Contrast between the inner and outer disks

"Beginning in December, the international sulfur market has experienced a continuous rise in the market and it has risen again

It can be seen from the market trend chart this year that this trend of internal and external contrast also appeared from August to September

"The domestic and foreign markets are facing and synchronized most of the time, but a phenomenon similar to this year's weak outside and strong inside or strong inside and strong will appear in the future.

Phased shrinkage of demand

Wei Jianyang said that, in fact, since late November, the domestic sulfur market in Northeast China, North China, Shandong and other places has begun to weaken at a high level.

A sales representative of Sinopec said that although many Sinopec refineries have successively lowered their sulfur ex-factory prices in December, some companies have raised their prices.

Increased pricing power

According to statistics from Henan Chemical Network, from January to October, domestic sulfur production was 7.

According to Li Peixin, Purchasing Director of Jiangsu Dipu Technology Co.

According to industry insiders, the current port sulfur inventory is 1.