China Sulfur Port Inventory (January 16): Total inventory 1.929 million tons: Fangcheng Port 535,000 tons, Beihai Port 59,000 tons, Zhanjiang Port 280,000 tons, Zhenjiang Port 747,000 tons, Nanjing Port 40,000 tons, Dafeng Port 210,000 tons. Chempricehub analysis of sulfur, long-short rating: -1. The report indicates that as of January 16, 2026, China's total sulfur port inventory reached 1.929 million tons, distributed across Fangcheng Port (535,000 tons), Beihai Port (59,000 tons), Zhanjiang Port (280,000 tons), Zhenjiang Port (747,000 tons), Nanjing Port (40,000 tons), and Dafeng Port (210,000 tons). The high inventory level reflects ample supply, which may exacerbate market supply-demand imbalances, exerting downward pressure on sulfur spot prices and leading to increased buyer caution. A rating of -1 indicates a generally bearish outlook, as the inventory increase directly limits the upside potential for spot prices, though it has not reached an extreme surplus level, hence not rated lower at -1.5 or -2.