Product name: Sulfur
Latest price: On September 11th, the average sulfur price in East China was 1160.00 yuan/ton, a decrease of 1.42% compared to the previous working day price of 1176.67 yuan/ton.
Analysis: The domestic sulfur market is weak in consolidation, and the price range has been lowered. The operation of the sulfur refinery unit is normal, the supply of goods is stable, and the downstream phosphate fertilizer market is stabilizing. Demand is slowing down, and the on-site trading atmosphere is weakened. The mentality of the sulfur market is not good, and some refineries in Shandong are experiencing poor shipments. Over the weekend, the sulfur quotation was lowered by 40-70 yuan/ton.
Future Market Forecast: From the perspective of supply and demand performance, downstream prices are stabilizing, and support for sulfur is weakening. On the market, traders are mainly wait-and-see and actively shipping, and it is expected that the short-term sulfur market will consolidate and operate in a narrow range.
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