echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > China Chemical > Sulfur: Unilateral Rise and New High

    Sulfur: Unilateral Rise and New High

    • Last Update: 2021-09-10
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Entering August, the domestic sulfur market once again ushered in a unilateral rise after nearly two months of high-level consolidation.


    "The August sulfur market surged after the end of the high-level consolidation trend, mainly due to the continuous decline in the import of sulfur, which led to the continuous decline in port inventories, and the continuous increase in the downstream phosphate fertilizer market


    Reduced import sources

    Reducedimport sources


    "The rise in international crude oil prices has led to increased shipping costs.


    Downstream market pull

     Downstream market pull downstream market pull

    Market information shows that the domestic phosphate fertilizer market has continued to rise this year


    According to the reports of refineries in Henan, Shandong, Jiangsu and other places, due to the epidemic in August, transportation in Henan, Jiangsu and other places was blocked, which restricted the circulation of domestic sulfur to a certain extent, and added help to the sulfur market, which is already tight in supply.


    Market outlook is expected to consolidate

     Market outlook is expected to consolidateMarket outlook is expected to consolidate

    According to Wei Jianyang, general manager of Nanjing Kaiyan Chemical Co.


    Henan trader Li Bing has a different view on the sulfur market outlook


    According to analysis by industry insiders, in the context of stable external price support, low Hong Kong stocks, and resistance to high prices by downstream players and profit settlement by traders, it is expected that the sulfur market outlook is expected to show a consolidation pattern


    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.