February 6th News — On February 6th, Shandong Dongming Petrochemical Group Co., Ltd. quoted the price of liquid sulfur at 3,870 yuan/ton, an increase of 20 yuan/ton. The price of solid sulfur was quoted at 3,970 yuan/ton, also up by 20 yuan/ton.
Chempricehub Analysis:
Liquid Sulfur, Bull-Bear Score: 1
The price increased by 20 yuan/ton to 3,870 yuan/ton, indicating stronger market demand or tightening supply, which generally supports spot prices. The rise of approximately 0.52% reflects short-term market optimism and may boost downstream purchasing activity.
Solid Sulfur, Bull-Bear Score: 1
The price increased by 20 yuan/ton to 3,970 yuan/ton, suggesting supply-side pressure or rising demand, which generally benefits spot prices. The increase of about 0.5% implies that corporate price adjustments may drive the overall market price upward, improving the spot trading atmosphere.