SunSirs: On March 22, the Sulfur Market in Shandong Province Was Sorted out on a Wait-and-see Basis

https://www.chemnet.com   Mar 23,2023 SunSirs

　　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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