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Sulfur fear of overdraft

wallpapers News 2020-08-06

Last week, the domestic sulfur market continued to rise, the speed of increase was improved.

However, at present, the signing of new orders of fertilizer production enterprises is slowing down, the pressure of capital is gradually increasing.

Facing the rising sulfur price, some small medium-sized fertilizer enterprises are bound to choose to stop production limit production.

The excessive rise of sulfur market is undoubtedly an advance overdraft of good expectations for the future market.

The sulfur delivery price in Wanzhou port of Puguang gas field, a major domestic sulfur producer, rose to 1200 yuan (ton price, the same below), 170 yuan higher than 1030 yuan in early December 2013, or 16.5%. The import of sulfur in the port area of East China has increased more rapidly.

It is reported that the transaction price of bulk granules imported from Nantong Port reached 1250 yuan, compared with 1030 yuan at the beginning of December 2013, an increase of 21.36%. In my opinion, the reasons for this wave of sulfur price rise are as follows: firstly, the international sulfur price is on the rise.

It is reported that the bulk granular sulfur in the Middle East for the Chinese market has risen to about US $cfr170, equivalent to nearly 1300 yuan, which is inversely linked to the current port spot price.

However, due to the shortage of international shipping, some import sulfur orders may be delayed.

Shipping prices have also begun to rise.

The freight rate of bulk carriers from the Middle East to the ports along the Yangtze River has risen to 33-34 US dollars.

Worried about the difficulty of replenishment in the future market, the holding companies are reluctant to sell wait for the increase in enthusiasm.

Secondly, the domestic sulfur enterprise shipment price has been raised again again.

On the last working day of 2013, the ex factory prices of sulfur production enterprises generally increased by 30-50 yuan.

On January 3, 2014, the export price of sulfur in Wanzhou port of Puguang gas field, the largest sulfur production capacity in China, increased by 60 yuan to 1200 yuan.

Market low price supply is difficult to find, further stimulating the market bullish expectations.

Moreover, the sulfur inventory of domestic ports is generally low.

According to statistics, on January 3, 2014, sulfur inventory in domestic ports was 1.

293 million tons, which was 459000 tons lower than that in early December 2013, with a decrease rate of 26.19%. In particular, there are major domestic ammonium phosphate production enterprises Fangchenggang, which has a huge dem.

The sulfur inventory is only 190000 tons.

Judging from the current daily consumption of 7000-10000 tons, it is facing a serious shortage of goods.

In view of the expectation that some factories will replenish their positions before the Spring Festival, the situation of tight goods rising prices in the domestic sulfur market is expected to continue.

Finally, it should be noted that the performance of ammonium phosphate Market in the downstream of sulfur is not satisfactory, the sharp rise of sulfur price has been seriously divorced from the weak rebound of ammonium phosphate.

According to statistics, on January 2, the selling price of bulk granular sulfur imported from East China port area had risen to 1300 yuan, sporadic purchase price was 1200-1220 yuan, which was 200 yuan higher than 1020 yuan in early December 2013, up 19.6%. At the beginning of December 2013, the ex factory price of 64% diammonium in Hubei Province was 2200 yuan.

On January 2, 2014, the export price was mostly 2300 yuan, with an increase of only 4.

5%, which was far lower than the rising speed of sulfur.

(Agricultural Materials Guide).


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TRUNNANO (aka. Luoyang Tongrun Nano Technology Co. Ltd.) is a trusted global chemical material supplier & manufacturer with over 12 years' experience in providing super high-quality chemicals and Nanomaterials. The nitride powder produced by our company has high purity, fine particle size and impurity content. Please contact us if necessary.