April 3, Shandong Lihuayi's sulfur plant is operating normally. The quoted price for industrial sulfur is 6,850 yuan/ton, and for liquid sulfur is also 6,850 yuan/ton, representing an increase of 350 yuan/ton. Chempricehub's analysis of sulfur gives a long-short rating of 2. The price hike of 350 yuan/ton to 6,850 yuan/ton indicates tight market supply or strong demand, which constitutes a significant positive factor for the spot price of sulfur. Despite normal plant operations, the substantial increase in quoted prices reinforces expectations of tight supply-demand conditions and may drive further strength in the spot market.
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