I. price trend
According to the price monitoring of the business agency, the average ex factory price of sulfur market in East China at the beginning of this week was 586.67 yuan / ton, while the average ex factory price at the weekend was 573.33 yuan / ton, down 13.34 yuan / ton, down 2.27%, 56.23% compared with last year.
| Thiourea dioxide |
II. Market analysis
Product: this week, the domestic sulfur market is mainly stable, and the sulfur quotation of individual refineries is appropriately down according to their own shipment. On the port side, the Yangtze River port rose steadily, the market negotiation atmosphere was flat, the buyer and the seller were mainly stuck on the sidelines, and the actual single information was rare. In terms of supply and demand, refineries in various regions in China mainly operate in low inventory, and some refineries are arranged in narrow range with the market. At present, the mainstream price of solid sulfur in East China market is 520-660 yuan / ton, and the mainstream price of liquid sulfur is 470-630 yuan / ton; the mainstream price of solid sulfur in Shandong market is about 600 yuan / ton, and the mainstream price of liquid sulfur is 520-600 yuan / ton; the mainstream price of solid sulfur in North China market is 530-560 yuan / ton, and the mainstream price of liquid sulfur is 510-540 yuan / ton.
Industrial chain: the performance of the downstream sulfuric acid market is obviously different, and the market is up and down. At the beginning of the week, the supply of acid enterprises in Shandong was not stable, the price of mainstream sulfuric acid manufacturers fell slightly, the downstream gas buying was general, and the actual transaction was limited; the delivery of sulfuric acid manufacturers in Jiangsu and Henan was flat, and the price was narrow downward; under the influence of sulfuric acid manufacturers’ maintenance and sulfuric acid export in Guangxi, the price was slightly increased; the trade of acid enterprises in other regions was weak and stable, and the attitude of the industry to stabilize the price was obvious. At present, the contradiction between supply and demand in the sulfuric acid market is still the same, and the market support is limited.
| sulphamic acid |
Industry: according to the price monitoring of the business agency, in the 49th week of 2019 (12.9-12.13), there are 24 kinds of commodities rising month on month in the chemical industry sector, including 4 kinds of commodities rising by more than 5%, accounting for 4.7% of the number of commodities monitored in the sector; the top three commodities are glycol (17.59%), crude benzene (7.07%) and aniline (6.81%). There are 28 commodities with a decline of more than 5% on a month on month basis, accounting for 1.2% of the number of commodities monitored in the sector; the top three products with a decline are hydrochloric acid (- 6.41%), chloroform (- 4.55%), and bisphenol A (- 3.62%). This week’s average was 0.07%. )
III. future forecast
According to the sulfur analyst of the business association, at present, the port inventory is still high, the downstream construction is low, and the price of ammonium phosphate and sulfuric acid is weak. Most of the operators are cautious about the current market, and there is no substantive good guidance on supply and demand. It is expected that the short-term sulfur market will be weak and stable, depending on the situation of factories in the future.
| Sulfamic acid |