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SunSirs: On November 13th, the Sulfur Market Rose Strongly

Increase font size  Decrease font size Date:2023-11-16   Views:75

Product name: Sulfur

Latest price: On November 13th, the average sulfur price in East China was 1,003.33 RMB/ton, an increase of 3.44% compared to the previous working day price of 970.00 RMB/ton.

Analysis review

The domestic sulfur market was operating strongly. The operation of the sulfur refinery unit was normal, the market supply was stable, and the downstream mentality was optimistic. The enthusiasm for entering the market to purchase goods had increased, and manufacturers' shipments were smooth. Inventory had decreased. The refinery had increased its inventory based on its own situation, and the sulfur price had increased by 30-40 RMB/ton.

Market outlook

The market supply was stable, and downstream demand provided good support. It is expected that the short-term sulfur market will be stronger, with narrow price fluctuations.

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