April 16th News: On April 16th, Shandong Shenchi Chemical Group quoted sulfur at 5,903 yuan/ton, a decrease of 150 yuan/ton. The daily sulfur production is around 30 tons. Chempricehub analysis of sulfur, long-short score: -1. Shandong Shenchi Chemical Group lowered its sulfur quotation by 150 yuan/ton to 5,903 yuan/ton, with daily production around 30 tons. The price decrease of approximately 2.5% indicates ample supply or weak demand, exerting bearish pressure on the spot market. Considering the current market supply-demand situation, this change may intensify the downward trend in spot prices, with a score of -1.0, representing a generally bearish impact.
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