Yesterday, the transaction price in the imported granular sulfur market was 7,800 yuan/mt, down 30 yuan/mt, or 0.38%, day on day. The market’s inquiry and buying atmosphere turned quiet again, causing the market to correct downward. Yesterday, the Shandong liquid sulfur market was mainly upward, with Shandong independent refinery auction transaction prices reaching 7,603-7,900 yuan/mt. Downstream demand remained strong, providing rigid support for feedstock purchases. Auction sentiment in the market remained active, and mainstream transaction prices steadily edged up. Against a tight supply-demand backdrop, suppliers showed a clear intention to hold prices and were reluctant to sell, and overall market sentiment was strongly bullish. Yesterday, trading enthusiasm in Northwest China remained unabated, with market transactions in the range of 7,450-8,860 yuan/mt. Liquid prices in Northeast China were stable, with mainstream liquid sulfur market prices at 7,750-7,826 yuan/mt. Prices are expected to fluctuate in the short term.
① In terms of domestic resources, on September 9, the average price of domestic solid sulfur was 7,951 yuan/mt, and the average price of liquid sulfur was 7,670 yuan/mt.
② On September 9, China’s sulfur port inventory was 966,900 mt, up 1,300 mt from the previous period.
③ Recently, in the international market, there was news of a transaction in the Indonesian market at CFR USD 950/mt.
Table 1 Sulfur and Downstream Product Price List (Unit: yuan/mt)
| Product | Market | Sep 8 | Sep 9 | Change | Change (%) |
|---|---|---|---|---|---|
| Sulfur | Yangtze River region | 7,830 | 7,800 | -30 | -0.38% |
| Sulfuric acid | Hubei | 1,300-1,500 | 1,300-1,500 | 0/0 | 0%/0% |
| Synthetic ammonia | Shandong | 2,530-2,720 | 2,520-2,720 | -10/0 | -0.40%/0% |
| Phosphate rock | Hubei | 950-980 | 950-980 | 0/0 | 0%/0% |
| Monoammonium phosphate | Hubei | 4,100-4,300 | 4,050-4,300 | -50/0 | -1.22%/0% |
| Diammonium phosphate | Shandong | 4,850-4,950 | 4,850-4,950 | 0/0 | 0%/0% |
| Data source: Chempricehub Information. Notes: 1. Prices in this table are average prices of mainstream markets in each region and are released before 16:30 on working days. 2. Prices in this list are ex-warehouse, cash-in-advance, tax-inclusive prices. |
Table 2 Domestic Sulfur Market Data Overview (Unit: 10,000 mt)
| Data | Release Date | Previous Data | Expected Trend for Current Period |
|---|---|---|---|
| Sulfur daily production | Sep 9, 17:00 | 2.87 | ↘ |
| Sulfur port inventory | Sep 9, 17:00 | 96.69 | ↘ |
| Data source: Chempricehub Information | |||
| Notes: | |||
| 1. ↓↑ are regarded as large fluctuations, highlighting data points with changes exceeding 3%. | |||
| 2. ↗↘ are regarded as narrow fluctuations, highlighting data with changes within 0-3%. |
① In this list, the Yangtze River sulfur market refers to the reference price for granular sulfur self-pickup at Zhenjiang Port, unit: yuan/mt; sulfur daily production is based on statistics of daily production data from sulfur producers nationwide, unit: 10,000 mt.
② Sulfuric acid is the delivered price of 98% smelter acid in Hubei; synthetic ammonia is national standard, ex-works price in Shandong; phosphate rock is the 28% grade ship-board price in Hubei; monoammonium phosphate is a trader’s ex-works quotation for 55% powder in Hubei; diammonium phosphate is the mainstream ex-warehouse price for 64% granular in North China, unit: yuan/mt.
③ Release time is before 8:30 on working days; the change is compared with the previous working day’s price, for reference only.
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