February 3rd News
On February 3rd, Shandong Lihuayi's sulfur plant operated normally. The quoted price for industrial sulfur was 4,100 yuan/ton, and the quoted price for liquid sulfur was also 4,100 yuan/ton, representing a decrease of 50 yuan/ton.
Chempricehub Analysis on Sulfur:
Bull-Bear Score: -1
Shandong Lihuayi's sulfur plant operated normally, with both industrial sulfur and liquid sulfur prices reduced by 50 yuan/ton to 4,100 yuan/ton. This indicates ample market supply or weak demand, leading to a decline in spot prices. This price reduction may reflect inventory pressure or weakened downstream demand, exerting a generally bearish impact on the spot market.