As of September 30, 2026, the monthly average sample inventory of sulfur at Chinese ports stood at 950,000 tons, an increase of 60,000 tons from the previous month (+6.74% month-on-month) and a decrease of 60.25% year-on-year. The primary driver was that although arrivals at major domestic ports were limited in September, downstream plants maintained weak efforts to withdraw resources from ports. Consequently, port inventory data showed an overall month-on-month growth trend.
Next month, sample sulfur inventory at Chinese ports is expected to continue growing. This outlook is based on slightly increased planned arrivals at major domestic ports for October, combined with the likelihood that the pace of resource withdrawal by downstream users will remain slow. As a result, port sales progress will continue to lag, leading to potential month-on-month increases in port inventories.
In September, the trend of sample sulfur inventory at Chinese ports exhibited an illogical positive correlation with market prices. Although overall port inventory adjustments were minor, they displayed a downward trend. Meanwhile, the spot market experienced oscillating declines due to limited release of rigid demand and long-term contract holders selling off their allocated resources. This price movement did not form a counter-trend against the overall decline in port inventories.
Sample Description:
The data represents real-time sulfur inventory levels across nine Chinese ports as compiled by Chempricehub on the date of publication, with a sample coverage rate of 90%.
Comments
0