Sulfur market re crazy New Year's surprise rise high - sulfur, sulfuric acid, phosphate fertilizer - pharmaceutical industry

Sulfur market re crazy New Year's surprise rise high - sulfur

, sulfuric acid, phosphate fertilizer - pharmaceutical industry

2007 the largest annual increase of chemical products devaluation of sulfur, sulfur entering the domestic market after 2008 re crazy, its rise so high so fast up speed are greatly unexpected. Currently, the domestic prices of most of the mainstream breakthrough in 4000 yuan mark, seem to get enough. Sulfur how many on the red space, how to suppress the rise in sulfur crazy momentum has become the focus of the industry.

I think that policy factors will inhibit the sulfur market outlook, the skyrocketing price of an important force, sulfur on the red space has been limited.

At present, the sulfur market trends affecting the policy of main factors are the following:

First, tariff policy. 2008, the tariff policy is mainly involved in sulfur has two. One of the P And Sulfuric acid Increases or imposition of export tariffs on AP I, in the fourth quarter to implement the provisional export tariff of 20%, second and third quarter, a 30% of the provisional export tariff; on the levy of tax of 5% sulfuric acid a temporary export tariff. Second is the tentative sulfur imports tariffs, tax rates to zero.

Basically for the production of sulfate sulfur, and sulfuric acid there are 3 / 4 for the production of phosphate fertilizer. Tentative levy of export duty on sulfuric acid, sulfuric acid helps to reduce domestic exports, increase domestic resource sulfate, directly reduce the demand for sulfur. Raise export tariffs on AP, AP reduced exports, but also indirectly reduce the demand for sulfur. Zero tariffs on imports of sulfur, while reducing the cost of imported sulfur, the price will also be useful to reduce the sulfur. Therefore, the tariff policy adjustments will reduce sulfur demand.

Second, emission reduction policies. China's natural sulfur mineral resources are limited, but high-sulfur Natural gas , High sulfur and high sulfur oil resources and imports a large volume of the two Oxidation Is to reduce sulfur emissions in the two countries focus on monitoring the project. As the state of the sulfur dioxide emissions and oil becoming more stringent sulfur control, will lead to natural gas, coal, petroleum refining industry launched sulfur recovery unit, so that the amount of sulfur recovery growth; the current high prices of sulfur, sulfur recovery for business increase the economic driving force. Therefore, the strengthening of emission reduction policies will help to increase domestic sulfur resources.

Third, price policy. The State Council executive meeting held recently, study and plan to maintain price stability, requires the maintenance of urea, phosphate, etc. Fertilizer Price stability; decided to market prices of fertilizer and other agricultural organizations, special inspection, and to regulate the price behavior. The meeting also pointed out that really needs to be adjusted due to the rising costs of fertilizer and other prices, the government fails to file the price must be approved by the authorities. Can be predicted that the policy of strictly controlling the price of fertilizer, sulfur will block the transmission of high prices to the downstream, suppression sulfur prices continue on the red.

In addition, sulfur prices have risen to "astronomical", outside the disk from the beginning of last year's more than 70 U.S. dollars rose to more than 600 U.S. dollars, up 89 times; the highest within the disk has more than 5000 yuan, basically reached the downstream bear limit. At present, China is already the highest in the world price of sulfur, the next step to continue to rise sharply little room.

However, due to external disk prices remain high, many sets of large-scale domestic phosphate fertilizer plant in operation, on strong growth in demand for sulfuric acid, sulfur supply of the current moment is still difficult to change the pattern. Therefore, especially in the first quarter of this year in the first half, sulfur will remain high; to years later, the role of various policy factors will be more and more of sulfur is expected to balance supply and demand, soaring prices of the situation will be eased.

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