On February 9th, Shandong Lihuayi's sulfur unit operated normally, with industrial sulfur quoted at 3,720 yuan/ton and liquid sulfur also quoted at 3,720 yuan/ton, representing a price reduction of 100 yuan/ton. PriceSeek analysis of sulfur indicates a bearish score of -1. The reduction of 100 yuan/ton in both industrial and liquid sulfur prices at Shandong Lihuayi to 3,720 yuan/ton reflects ample market supply or weak demand, exerting downward pressure on spot prices. The normal operation of the unit indicates stable supply, but the price decline may intensify bearish sentiment in the market, suppressing short-term spot price trends.
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