On January 12, Shandong Lihuayi's sulfur plant operated normally, with industrial sulfur quoted at 3,950 yuan/ton and liquid sulfur at 3,950 yuan/ton, representing a price reduction of 50 yuan/ton. PriceSeek's analysis of sulfur indicates a bearish score of -1. The report notes that Shandong Lihuayi's quotations for both industrial sulfur and liquid sulfur were lowered by 50 yuan/ton to 3,950 yuan/ton, with the plant operating normally. The price reduction reflects ample market supply or weak demand, leading to downward pressure on spot prices. This event generally exerts a bearish impact on sulfur spot prices. The moderate reduction (approximately 1.27%) suggests a slightly weak short-term market supply-demand balance but does not constitute a significant shock, hence the score of -1.0.