Yesterday, the transaction price for imported granular sulfur was 7,050 yuan/ton, a decrease of 25 yuan/ton from the previous period (-0.35%). The shift in bargaining power led to unstable market sentiment, causing prices to trend downward. Domestic refining and petrochemical enterprises entered the market to conduct sulfur trading, increasing circulating supply. Consequently, the on-site futures price for domestic solid sulfur fell below 6,700 yuan/ton. In Shandong, liquid sulfur prices declined slightly within a narrow range; local refinery auction transactions were priced at 6,795–6,853 yuan/ton. Amidst persistent inventory pressure, refinery auction prices continued to drop, attracting downstream end-users to purchase at lower levels. As some rigid demand was released, market activity improved compared to earlier periods, leading to an upward shift in transaction prices. In Northwest China, some factories experienced failed auctions yesterday, with mainstream transactions ranging from 6,450 to 6,725 yuan/ton. Liquid sulfur prices in Northeast China remained stable, with mainstream market prices between 7,250 and 7,306 yuan/ton. In the short term, port markets are expected to consolidate at high levels with slight downward adjustments, while liquid flows and domestic solid sulfur may continue to fluctuate weakly.
① Regarding domestic resources: On October 13, the average price for domestic solid sulfur was 6,832 yuan/ton, and the average price for liquid sulfur was 6,893 yuan/ton.
② On October 13, China’s sulfur port inventory stood at 1.124 million tons, an increase of 6,300 tons compared to the previous period.
Table 1: Sulfur and Downstream Product Prices (Unit: Yuan/Ton)
| Product | Market | Oct 12 | Oct 13 | Change | % Change |
|---|---|---|---|---|---|
| Sulfur | Yangtze River Region | 7,075 | 7,050 | -25 | -0.35% |
| Sulfuric Acid | Hubei Region | 1,250-1,400 | 1,250-1,400 | 0/0 | 0%/0% |
| Monoammonium Phosphate | Hubei Region | 3,600-3,700 | 3,600-3,700 | 0/0 | 0%/0% |
| Diammonium Phosphate | Shandong Region | 4,600-4,900 | 4,600-4,900 | 0/0 | 0%/0% |
| Caprolactam | East China Region | 14,200 | 14,200 | 0 | 0% |
| Titanium Dioxide | Southwest Region | 12,800-14,200 | 12,800-14,200 | 0/0 | 0%/0% |
| Phosphoric Acid | Southwest Region | 8,100-8,400 | 8,100-8,400 | 0/0 | 0%/0% |
Data Source: Chempricehub Information
Notes:
1. Prices listed represent the average mainstream market prices for each region, published before 16:30 on working days.
2. Prices in this table are ex-warehouse, cash-on-delivery, inclusive of tax.
Table 2: Domestic Sulfur Market Data Overview (Unit: Ten Thousand Tons)
| Indicator | Release Date | Previous Period | Current Trend Forecast |
|---|---|---|---|
| Daily Sulfur Production | Oct 13, 17:00 PM | 30,400 tons | ↗ |
| Sulfur Port Inventory | Oct 13, 17:00 PM | 1,124,000 tons | ↗ |
Data Source: Chempricehub Information
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