subject: Made A Lot Of Cheap Second-quarter Market Price Of Sulfur Has Not Yet Set - Sulfur, The Market - The [print this page] HC Chemical Network Reuters, the international market: this week supplier of sulfur, fertilizer manufacturers, traders gathered in Doha, Qatar seminar. Market uncertainty is the eternal theme. The international market there are price differences between regions, these factors led to the Middle East and China's second-quarter contract price has been delayed. The current consumption of chemical fertilizer factory stock, no pressure to purchase, the supplier shipped in other countries, there is no inventory pressures, delays in the negotiations, however, this phenomenon will soon end. Saudi Aramco and Kuwait this week, K PC Intention FOB 160 U.S. dollars, equivalent to the shore 200 dollars, but refused to accept our buyers. The current market difficulties in shipping, the current spot price of the domestic turnover equivalent to 150 U.S. dollars. Canadian supplier to the shore in the second quarter of intention to 170-175 dollars, lower than the first two weeks of the 10 U.S. dollars. It is reported that Shell and Brazil traded in May for a single-supply, CIF 200 dollars.
Liquid sulfur Northwestern Europe market in the second quarter more than the contract signed in to shore 145-160 U.S. dollars, U.S. refineries planned in the second quarter up 100 U.S. dollars, the intention to adjust the current 40-60 dollars.
The domestic market: lower prices this week range of sulfur begun, as early inventory backlog, the market helpless to price cuts, price cuts early, downstream customers are still bearish on the market, continue to wait and see mainly deserted market, the port deal very little domestic shipments increased pressure. Downstream of sulfuric acid at 450 yuan transactions, shipping more difficult to continue to depress the market price.
Northeast: Northeast shipments pressure, solid deal is about 1,250 yuan, Daqing peripheral maintenance of about 1,000 yuan early; liquid turnover 1150-1200 dollars, shipping general, higher pressure drop in the market next week, the Northeast deal possible fall.
North China: North China Shipping pressure greater turnover in the 1450-1500 element of solid, liquid 1400-1450 yuan, 1,450 yuan quotes around the port, small transactions, next week the following tone.
Central China: Prices continued to fall in central China, Henan currently traded around 1500 yuan; Hubei and Hunan provinces in the 1400-1450 contract dollars, low-end oriented, short-term temporary stability in the region.
East China: Jiangsu and Zhejiang Provinces recent general shipping, inventory increases, high-end prices, the current regional solid turnover 1500-1550 yuan 1450-1500 yuan liquid, the recent impact of a large number of low-cost supply of Nantong area, around next week Factory shipments will continue to increase pressure, the decline is expected to be larger. Shandong port prices drop slightly, the current offer 1400-1450 yuan 1380-1420 yuan a small single transaction, domestic shipments increased pressure, solid down to 1450-1500 yuan 1350-1400 yuan in liquid, high-end next week, prices further down.
South China: Guangdong and Guangxi sulfur prices continued downward, the current low-end transactions in the region 1400-1450 yuan, 1,500 yuan in some transactions, transactions generally, not much room for the recent price reduction. Fujian pressure now shipping larger, lower prices, transactions in 1200-1300 dollars, mainly short-term adjustment.
Northwest and Southwest: Southwest region is shipping the pressure, the recent slow take the goods, lower prices, the current local transaction in the 1250-1350 yuan 1300-1350 yuan market. Northwest shipments slow down, prices in 1000-1300 dollars, the recent strong mainly watching the market, next week may be under pressure in the market as a whole callback.
Predict the market outlook: the current second quarter, pricing has yet been taken, the current market, the domestic price acceptable to around 150 U.S. dollars, higher than the price of transactions is more difficult later. Since a large number of cheap China-made sulfur will be delivered to Nantong area, the current high level of the East in the domestic market will be hit by a large pressure drop, will also spread to other areas, is expected next week there will be around 100-200 dollars drop .
