1、 Price trend

According to the price monitoring of business agency, the average ex factory price of sulfur market in East China was 1013.33 yuan / ton on December 31, which was 2.36% higher than the average ex factory price of 990.00 yuan / ton at the beginning of the month, and 101.33% higher than that of last year.

2、 Market analysis

In December, the domestic sulfur market was stable and upward as a whole. The quotation of sulfur was firm, the port cargo rights were concentrated, the attitude of cargo holders was acceptable, and the low price in the market was hard to find. The inventory of refineries in various regions of China was low, the market performance was stable, and the downstream demand was stable. The sulfur manufacturers adjusted the quotation according to the sales situation, and the sulfur market price rose steadily in the month. As of 31 December, the quotation of solid sulfur in East China was 970-1280 yuan / ton, increased by 30 yuan / ton; the quotation of solid sulfur in North China was 910-920 yuan / ton, increased by 40-50 yuan / ton; the quotation of solid and liquid sulfur in Shandong was 1020-1050 yuan / ton.

The downstream sulfuric acid market rose slightly. The shipment of sulfuric acid in Shandong Province was stable, the inventory of manufacturers was small, and the downstream purchasing enthusiasm was acceptable. The sulfuric acid market rose slightly in a stable situation. Individual acid enterprises were limited by environmental protection, and the start-up was unstable. The domestic market trend was differentiated. The demand for phosphate fertilizer is strong, the market is good, the enterprise goes smoothly, and the future market is strong.

3、 Future forecast

Sulfur traders hold the low price of sulfur trading, while the downstream refiners are expected to be stable.