Product name: Sulfur
Latest price: On December 22nd, the average sulfur price in East China was 1090.00 yuan/ton, a 1.51% decrease from the previous working day’s price of 1106.67 yuan/ton.
Analysis: The sulfur market in East China is experiencing a downward trend, with sulfur refinery units operating normally and market supply stable. The demand for terminal winter storage is slowing down, and downstream procurement is stabilizing. Market trading is mainly based on demand, while refineries are actively shipping. Some companies have poor shipments, and their prices have been lowered based on their own inventory situation.
Market forecast: The supply side follows the market, downstream demand remains stable, and the market lacks effective positive support. Under the supply-demand game, it is expected that the short-term sulfur market will consolidate and fluctuate narrowly.
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