At present, continuous growth of sulfur imports rise further suppresses the domestic market.
Since the beginning of the domestic availability in low sulfur, combined with lower operating rates steadily increased, and the prices soared, reaching 1,600 yuan in April. But with the softening of international market, international markets, exports to China increased gradually. Customs data show that 1 in June this year, imports reached 4.95 million tons of sulfur, alone in June imports increased by 32% on the chain. Meanwhile, the domestic stock in the second quarter increased after larger vendors shipped in large quantities, such as Florida Paging gas field in Sichuan sulfur lighten ship, etc., had a limited supply of a sudden release of pressure leading to surge in the market, prices have come down the domestic market selling pressure caused serious.
Early in April the formation of the higher price end of this year, after a continuous decline, a wave of deep-bottom price continued to increase in July.
2010/08/19
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