According to the price monitoring of business agency, the recent trend of sulfur price has fallen sharply. On July 11, the average price of sulfur in East China was 2773.33 yuan / ton, down 20.00% compared with the price of 3466.67 yuan / ton on July 4, and down 30.20% month on month.

The enthusiasm of downstream market entry is weak, the demand for sulfur is limited, the shipment of enterprises is blocked, the inventory pressure increases, and there are low-cost sources in the market, which leads to increased resistance to the sale of refineries. Enterprises maintain the pace of shipment, and the quotation falls again and again. However, the price of crude oil at the raw material end falls, which indirectly shortens the sulfur market, and the trading atmosphere on the floor is light. In view of all factors, the support for sulfur is weak, and the market is weak. As of the 11th, the fixed sulfur price of refineries in Shandong Province was between 2300-2420 yuan / ton, with a range reduction of 950-1130 yuan / ton, the mainstream price of liquid sulfur was between 2350-2560 yuan / ton, and a range reduction of 1000-1150 yuan / ton.

The downstream sulfuric acid market continued to decline. The supply of sulfuric acid in the market was sufficient, the downstream demand was weak, the enthusiasm for purchasing in the market was weak, the market atmosphere was bearish, and the price of sulfuric acid was forced to decline. As of July 11, the average price of sulfuric acid was 950 yuan / ton, a decrease of 4.73% compared with the beginning of the month.

The downstream phosphate fertilizer market is operating on a wait-and-see basis. The price of Monoammonium is stable, and the price of downstream industries is reduced. The purchase of ammonium phosphate is general. The market of diammonium is temporarily stable, the support of raw materials is weakened, the rise of diammonium market is postponed, the downstream is still resistant to high prices, and the demand is weakened. In the off-season market, the follow-up of on-site trading is weak, the market of ammonium phosphate is deadlocked, and the support for sulfur is insufficient.

According to sulfur analysts of business agency, the domestic sulfur market has fallen sharply, the trading atmosphere on the floor is light, the downstream support is weak, and the enterprise quotation has been continuously reduced. The main reason is that the downstream demand is weak, and the sulfur purchase just needs to be followed up. In addition, there is a low-cost source of goods in the market, and the manufacturers have great resistance to shipment. The negative mood in the market is obvious, and the positive factors of short-term market support have not yet appeared. It is expected that the sulfur market will continue to operate in a weak manner, and the specific attention will be paid to the market follow-up.