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    Home > Chemicals Industry > China Chemical > Sulfur: the rally runs through the first domestic over import in the whole year

    Sulfur: the rally runs through the first domestic over import in the whole year

    • Last Update: 2022-01-23
    • Source: Internet
    • Author: User
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    Editor 's note : In 2021, the domestic bulk chemical product market will see significant growth, with the prices of most products hitting record highs
    .
    According to the statistics of chemical industry online, among the 61 major chemical products monitored, 83.


    6% of the products rose, and 16.


    Editor's note

    In 2021, the domestic sulfur market as a whole will show a phased upward pattern of rising - building a foundation - rising again, from 955 yuan (ton price, the same below) at the beginning of the year to 2,250 yuan at the end of the year.
    The increase runs throughout the year, with an increase of 136%.
    , ranking first in the increase list of bulk chemical products
    .

    Rally throughout the year

     Rally throughout the year Rally throughout the year

    According to chemical online information, the sulfur market rally will run through the whole year of 2021, and the overall performance will be "three increases and two adjustments"
    .
    In the first quarter, the sulfur market rose rapidly, rising from 955 yuan at the beginning of the year to 1,500 yuan in March, a quarterly increase of 57%


    .


    In the third quarter, the sulfur market regained its upward trend, rising from 1,560 yuan to 1,900 yuan, an increase of 22%, completing the second phase of the rise
    .
    After entering the fourth quarter, after more than a month of consolidation, the sulfur market continued to rise again at a high level.


    By the end of the year, the sulfur price once rose to more than 2,250 yuan, and the domestic Yangtze River port transaction price even reached 2,450 yuan, with a maximum increase of 156% throughout the year


    According to the data, the apparent consumption of sulfur in China in 2020 is 16.
    29 million tons, and it is expected that the apparent consumption will exceed 17.
    2 million tons in 2021, an increase of 5.
    6% over the previous year
    .
    The steady increase in demand has brought strong support to the continuous rise of the sulfur market


    .


      Zhang Yi, a trader in Shandong, said that, unlike the past, the 2021 sulphur rising market will be coordinated with a certain amount, and the overall situation will increase in volume and price, which is also the basis for the market to rise steadily in stages
    .

    Sulfur market price trend in 2021

    Sulfur market price trend in 2021 Sulfur market price trend in 2021

      stage sideways

    phase sideways phase sideways

      Li Peixin, Purchasing Director of Jiangsu Dipu Technology Co.
    , Ltd.
    , said that an important feature of the sulfur market in 2021 is that it will rise in stages.
    After each rising stage, there will inevitably be a platform period of sideways consolidation and building a high level, and then it will rise again in a reciprocating cycle.
    Pushed higher, and each high plateau period also has a certain amount of cooperation
    .
    From the perspective of downstream demand industries, the continuous rise of chemical fertilizer products, the increase in the operating rate of chemical companies and the resumption of production by companies that have stopped production have become the driving force and foundation for the continuous increase in the sulfur market


    .


      From a technical point of view, the volume and price of the sulfur market in 2021 will be well coordinated, which will form a strong support for the market in 2022.
    Therefore, there is still a strong momentum in the first month of the new year
    .
    However, based on the large increase in 2021, especially in the last month of rapid growth, the maximum increase is more than 20%, and there is a suspicion of early release of energy.


    1900 yuan is a strong support level in the short term


      The first domestic super import

     The first domestic super import The domestic first super import

      According to the statistics of Henan Chemical Industry Network, from January to November 2021, the domestic sulfur output was 7.
    973 million tons, a year-on-year increase of 13.
    4%; the imported sulfur was 7.
    832 million tons, a year-on-year decrease of 1.
    4%.
    For the first time, domestic output exceeded imports
    .

      Calculated based on apparent consumption, China's external dependence on sulfur was 63.
    2% in 2019, dropped to 52.
    4% in 2020, and dropped to 49% again in 2021
    .

      Shao Huiwen, a senior market commentator, said that with the successive commissioning of large domestic refineries and the in-depth progress of coal chemical desulfurization in recent years, domestic sulfur production has shown a continuous growth momentum, replacing some imported sources, and the right to speak in the international market has been strengthened.
    This can be verified from the contrast between the external market and the domestic market price in 2021
    .

      "In the past, the mainstream domestic sulfur market price was basically controlled by the international market.
    Judging from the market trend this year, the phenomenon that sulfur pricing power always looks at the face of the external disk is expected to be improved, but the current situation that imported supplies still occupy half of the country cannot be ignored
    .
    The rise in the domestic sulfur market in the quarter, especially the large increase in ports, was helped by the rise in the international market


    .


      Industry insiders especially remind that in the new year, the sulfur market will still be affected by factors such as repeated epidemics, international geopolitics and shipping
    .
    In addition, the "double control" of energy consumption will also have a certain impact on the fertilizer industry, and then affect the sulfur market.


    It is not ruled out that the sulfur market will repeat in the new year, but the probability of the market falling sharply is not large


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