Price trend
On March 22, the sulfur quotation of refinery enterprises in Shandong Province was adjusted, with the mainstream price of solid sulfur being around 1,190-1,250 RMB/ton, and the interval price being reduced by 30 RMB/ton; The mainstream price of liquid sulfur was 1,130-1,220 RMB/ton. The quotation is for reference only, and the actual transaction price shall prevail.
Analysis review
The sulfur plant operated normally and the market supply was stable. The downstream demand was weak, the enthusiasm for purchasing in the market was not good, the shipment of sulfur manufacturers was blocked, the market transaction price was low, and the industry had a wait-and-see mentality
Market outlook
The sulfur market will be sorted and operated in the short term.
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