March 20th — According to customs data, China's sulfur imports in February 2026 reached 538,000 tons, an increase of 8.22% month-on-month. The average import price was $497 per ton, up 8.5% month-on-month. Cumulative imports for January–February 2026 totaled 1.04 million tons, a decrease of 35.03% year-on-year.

Chempricehub Analysis on Sulfur, Bull-Bear Score: 1.5
The data shows that China's sulfur imports in February 2026 increased by 8.22% month-on-month to 538,000 tons, while the average import price rose by 8.5% month-on-month to $497 per ton. Additionally, cumulative imports for January–February decreased significantly by 35.03% year-on-year. This indicates that although short-term supply has increased, import costs have risen significantly. Coupled with the substantial year-on-year contraction in cumulative supply, it reflects tightening supply at the raw material end and strong demand support, which constitutes a strong positive factor for sulfur spot prices. The spot market may face upward price pressure due to cost-push factors and tight supply-demand conditions.

Score: 1.5 (Strong Positive) — based on the increase in average import prices indicating clear cost support, while the reduction in cumulative supply highlights medium- to long-term supply risks.