Analysis of the sulfur market trend in December

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This post was last edited by Zhang Ruqing on 2016-1-8 at 12:55. Analysis of the sulfur market situation in December. It is a virtue to reply to posts! I. Price data: According to data from the bulk commodities platform, the average ex-factory price of granular sulfur in the domestic market was around 1174 yuan per ton at the beginning of December; by the end of the month, this average price was 1173 yuan per ton, representing an overall decline of 0.09%, or 5.49% on a year-on-year basis. 　　II. Market Analysis Product: The domestic sulfur market showed a downward trend in December, with weak demand and a lack of support from international markets, resulting in no significant improvement in prices. Regarding sulfur in ports, there is an overall downward trend. The price of sulfur at Qingdao Port continues to fall; the price for lump and powder form is 1,120 yuan per ton, while the price for small packets of granulated sulfur is 1,210 yuan per ton. Market conditions in the port remain sluggish ； The market conditions at the Yangtze River port remain volatile and declining; the price of granules has dropped to 1,080 yuan per ton. There are few inquiries, and trading activity is minimal, with the market trend continuing downward ； 　　Industry chain: 1. The price of sulfuric acid in the downstream market is experiencing a severe downturn. Due to factors such as fog and haze in various regions as well as declining demand, prices for this product have continued to fall. The price of 98% sulfuric acid is currently between 250–350 yuan per ton, while the price of 98% industrial sulfuric acid ranges from 100–210 yuan per ton; prices have essentially reached their bottom level ； 2. The market for phosphatic ammonium fertilizers is sluggish both in terms of exports and domestic sales; winter stockpiling is progressing slowly. The price of monoammonium phosphate continues to drop, with monthly declines of 50–100 yuan per ton. The international price of diammonium phosphate is also on the decline, and traders are adopting a cautious attitude. It is expected that prices will remain stable at low levels in the short term, with ongoing price fluctuations. 　　Industry: Driven by overseas market trends, there were no positive influences on the domestic sulfur market this month; the market remained volatile and in a state of consolidation. In terms of demand, no significant improvements were seen, making it difficult for the market to stabilize in the short term. 　　III. Future Market Outlook The current sulfur market is showing a downward trend. Sulfur analysts believe that in January 2016, the market is likely to remain volatile and stagnant, with conditions possibly improving after the Spring Festival. Replying to posts is a virtue!