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    Home > Chemicals Industry > China Chemical > Sulphur market recovers, prices hit new highs

    Sulphur market recovers, prices hit new highs

    • Last Update: 2022-03-03
    • Source: Internet
    • Author: User
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    After the Spring Festival, the domestic sulfur market set off a rising trend



    Domestic demand is expected to increase

     Domestic demand is expected to increase Domestic demand is expected to increase

    In the month before the Spring Festival, due to the spread of the epidemic in some parts of the country and the restrictions on production in Beijing-Tianjin-Hebei surrounding enterprises during the Winter Olympics, the domestic sulfur production dropped significantly


    It is understood that after the bidding price of Hengli Refining and Chemical Co.


    The person in charge of chemical fertilizer companies in Henan, Shandong and other places said that the first quarter is the spring ploughing fertilizer season in various places, and it is also the peak season for raw material procurement.


    Tight prices for foreign goods

    Tight prices for external goods, tight prices for external goods

    Shao Huiwen, a senior market commentator, said that in 2021, China will import a total of 8.


    According to other statistics, as of February 11, the sulphur inventory in major domestic ports has increased to 1.


    Macro favourable support

     Macro positive support Macro positive support

    On February 10, the financial statistics and social financing data released by the People's Bank of China showed that the growth of credit and social financing achieved a "good start" in January this year


      "Driven by the current economic situation and policies, banks have also adjusted their credit structure in a timely manner and increased their investment in consumption, science and technology innovation, green finance and other fields


      Shao Huiwen said that based on the current market transaction status, the current situation of stable supply, decrease and demand in the sulfur market in February will not change


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