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[Industry Focus]：Sulfur prices rose and then fell in July, and the market is expected to run stronger.

Read： 147 Time：15months ago Source：生意社

In July, the sulfur price trend in East China rose first and then fell, and the market was strong upward. As of July 30, the average ex-factory price of sulfur market in East China was 846.67 yuan/ton, an increase of 18.69 per cent in the month compared with the average ex-factory price of 713.33 yuan/ton at the beginning of the month.

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this month, the east china sulfur market operated strongly and prices rose sharply. In the first half of the year, sulfur prices continued to rise, from 713.33 yuan/ton to 876.67 yuan/ton, up 22.90. The main reason is that the phosphate fertilizer market is actively trading, equipment starts increasing, sulfur demand increases, manufacturers deliver goods smoothly, and the sulfur market continues to rise. In the second half of the year, the sulfur market fell slightly, the downstream follow-up weakened, and the market procurement followed up on demand. Some manufacturers are not shipping well and their mentality is blocked. In order to promote the downward adjustment of the shipping quotation, the price fluctuation is not large, and the overall sulfur market is strong this month.

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In July, the downstream sulfuric acid market was weak. The market price of sulfuric acid was 192.00 yuan/ton at the beginning of the month and 160.00 yuan/ton at the end of the month, down 16.67 within the month. The domestic mainstream sulfuric acid manufacturers are running stably, the market supply is sufficient, the downstream demand is sluggish, the market trading atmosphere is weak, the operators are pessimistic, and the price of sulfuric acid is weak.

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Monoammonium phosphate market rose steadily in July, the downstream inquiry increased, and the market atmosphere improved. Monoammonium pre-received orders have reached late August, and some manufacturers have suspended or received a small amount of orders. The market mentality is optimistic, and the focus of monoammonium trading has moved up. As of July 30, the average market price of 55% powdered monoammonium was 2616.00 yuan/ton, up 2.59 percent from the average price of 25000 yuan/ton on July 1.

At present, the equipment of sulfur enterprises is operating normally, the inventory of manufacturers is reasonable, the operation rate of the terminal industry is improved, the market supply is stable, the downstream demand is bullish, the operators wait and see, the manufacturers are actively shipping, it is expected that the sulfur market may be strong in the future, with specific attention to downstream follow-up.

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