Sulfur: the early loose outer disk prices, continued weakness in the domestic market

The port side, the overall market today is more boring Qingdao Port, the current price of liquid sulfur slightly loose outer disk temporarily to the volume is not big, but later with the increasing difficulty unloading Jiangsu and Zhejiang provinces, some sources will be transferred to Hong Kong to Shandong, temporary plant liquid sulfur limited demand, the intention of the outer disk pick the price is not higher than $ CFR160 / ton. Currently ton mass powder turnover in 1170-1180 yuan / ton, Japan and South Korea to discuss the price of flour in the 1200-1210 blocks yuan / ton, the factory price of 1190 yuan intention / ton, Ha block is currently traded at around 1190 yuan / ton, individual traders intent 1180 yuan / ton getting goods. And small grain prices in 1220-1230 yuan / ton, relatively limited demand.

  Yangtze River port sulfur market is relatively weak, wait and see attitude strong overall market, traders offer 1320 yuan / ton, but individual traders shipped intention to lower prices temporarily factory pick intention price is not higher than 1310 yuan / ton. PROCON Wanzhou inventory 55,000 tons, recently some factories goods, but with 3000 tons of sulfur per day arriving, remained out of balance. Month-to-ship is relatively limited, there is a boat being 37,000 tons of sulfur particles arrive Nantong Port, stocks 580,000 tons, Zhenjiang Port was recently shipped back to the factory, inventory 260,000 tons, down from late factories will continue to be returned, stocks have declined in space.

  Fangchenggang market temporarily stable, lower factory price for the intention of the outer disk, the individual transaction at $ CFR180 low, despite the offer still at $ CFR185-190 / ton, but the intent to purchase the factory price of $ CFR180 gradually approaching or even lower. Port negotiate prices in 1340-1350 yuan / ton, the recent port will continue unloading, factory return shipping speed is good, the device has not yet fully recovered. It is understood that the North Sea and Zhanjiang port yard does not have enough space for unloading, shipping turn Hong Kong also has some difficulties.

  Sinopec, the Shandong area refinery price of 10-20 yuan a slight increase in shipments to normal, Sinopec Puguang Wanzhou listed sales execution, offer 1390 yuan / ton, contract farmers 1,360 yuan / ton, inventory 55,000 tons, some factory goods, recently might flop, rail capacity recovered to 3000 tons / day, the factory offer 1310 yuan / ton, contract farmers 1,280 yuan / ton, inventories remain low, the downstream plant getting goods well.

  Xing Light analysts believe: today's market as a whole stable, limited trading. Outer disk, Saudi Aramco announced its September sulfur price of $ FOB159 / ton, compared with August prices are down $ 11, equivalent to China CIF around $ CFR185 / ton, the price reduction also reflects the current status of the international market of sulfur, due to pre-prices continue to rise, the Chinese market decreased ability to accept the goods, led to the current stock of Saudi region have risen, and the current end-user price of China gradually fell to $ CFR180 / tonne, as a reaction to the spot market, is expected to post the rest of the Middle East Price there will be adjusted accordingly. Domestic port market, the overall attitude is still on the sidelines, limited demand in northern factories, ports poor trading, the price is relatively weak, today's main refinery in Shandong Province price increase of 10-20 yuan / ton, reflecting the refinery supply ship smooth, liquid sulfur external disk prices gradually fell to $ CFR160 / ton, factory intention of getting goods prices fell below $ CFR160 / ton, the price of liquid sulfur late worrying. Yangtze River port market, traders offer 1320 yuan / ton, the individual turnover in 1315 yuan / ton, does not yet have heard the 1310 yuan / ton of turnover, PROCON stock still on high, individual factory goods, most factories are still waiting to see. Fangchenggang market, stock is relatively concentrated, but traders no intention of low-cost shipping, unloading port is not due to normal, the plant is seeking foreign mining sulfuric acid, sulfur prices basically stable.

  Sulfuric acid: Earlier this week, a continuation of the consolidation trend in the domestic sulfuric acid market to stabilize the atmosphere relatively strong, some companies have gradually turned overhaul, but the short-term production instability, has little effect on the market. Overhaul the current market, limited production, and other enterprises, or more, most businesses rational production and sales of sulfuric acid at least a profitable trend, overall shipments much pressure. Jiangsu and Zhejiang Provinces acid business started is generally low, mainly due to high prices of raw materials affected the sulfur, plus its full load start to lose money, as underemployment profit to the cost-effective. Coupled with the recent metallurgical acid plant most steady take the goods, contract orders stabilize prices. Downstream fertilizer demand stabilize, tight supply and demand side, positive support raw material supply, the more obvious the affected areas southwest, Hubei, East and other places. Forecast: short-term view of sulfuric acid to stabilize the market is still dominated individual market price adjustments according to their inventory.

  AP: Monday, ammonium phosphate market consultation single positive atmosphere, the downstream fertilizer local hike around 50 yuan / ton, good domestic market, business owners perform pre-orders, supply tight supply. Ammonium market at a market peak season, autumn pin high phosphate strong demand for raw materials, the overall operating rate increased to 9 percent, now Hubei, Sichuan, Jiangsu, Henan enterprises 55 powder mainstream factory price 2050-2200 yuan / ton, the mainstream 58 powder factory price 2200-2350 yuan / ton; diammonium stocking on the eve of the fall of the market, the high export signing continue to pull up, some sold to the Indian market orders of $ CFR482 / ton; domestic supply of surface tension highlights, Hubei brand 64 diammonium mainstream factory price 2600-2700 yuan / ton, the low levels of 57 diammonium East Lu brand factory price 2250-2350 yuan / ton, southwestern Yunnan, Guizhou brand outgoing station offer 2450-2550 yuan / ton, the price of gravity upward.