January 29th News
On January 29th, Shandong Dongming Petrochemical Group Co., Ltd. quoted the price of sulfur (liquid) at 4,200 yuan per ton, an increase of 20 yuan per ton. The price of sulfur (solid) was quoted at 4,270 yuan per ton, also up by 20 yuan per ton.
Chempricehub Analysis on Sulfur, Bull-Bear Score: +1
The price of sulfur (liquid) increased by 20 yuan per ton to 4,200 yuan per ton, while the price of sulfur (solid) rose by 20 yuan per ton to 4,270 yuan per ton. This indicates strengthened market demand or tightening supply, forming a clear positive signal for spot prices. The price increase is relatively small (approximately 0.48%), not reaching a significant level, thus a general positive score of +1 is assigned.