China Sulfur Market "gold 9 silver 10" market staged on schedule, nearly two weeks of domestic sulfur price has risen 200-300 yuan / ton, or 20% of the closing date, the mainstream domestic market transaction price of sulfur has risen to 1200 -1 350 yuan / ton. It is of income, gains from the south pier jacking round opening, and gradually spread to domestic manufacturers in South China, due to continuous push up difficult, the South led the gains have stabilized after, followed by the northern manufacturers gradually compensatory growth follow up, this round of gains in domestic business-obsessed, plays a vital role.

Gains come and go from the point of spread to the film

        With the sale of the South Terminal sulfur price first shot up to 1,300 yuan / ton mark, the South pushed prices of domestic manufacturers to enter the ranks of one after another, gradually spread northward from southern China, Nantong Port, and East China manufacturers have began to push up, till now, up the South the situation has spread to northern markets, the formation of the national market prices everywhere development, the South has truly become the sulfur market rally round a leader.

Downstream industries up the market does not sync up of fear to promote business

        Sulfuric acid price of raw materials by the recent price hikes drive up slightly, according to statistics, 98% of domestic refining acid mainstream price points 350-370 RMB / ton, 98% sulfuric acid at mainstream price points at 400-420 dollars / ton, or did not synchronized with the sulfur raw materials. Chemical fertilizer demand side near the autumn plowing season, after the stabilization of the market atmosphere up, wait and see gradually growing, the current price of a mainstream ammonium 2100 yuan / ton, diammonium mainstream price in 2700-2800 yuan / ton, according to statistics, China is expected to fertilizer with the fourth quarter of about 80-100 million tons of sulfur resources quantity, and other chemical industries will be 150-170 million tons with sulfur. Sulfur raw material prices and lower reaches of the industry does not sync up, pushing up the market merchants of fear.

High food prices soaring food production is bound to stimulate and promote agricultural market is expected to

        Global climate disasters are constantly emerging, cut a large area of grain has become a foregone conclusion. Some countries restricted food exports have started or stopped, to promote food prices climbing, in which U.S. corn and soybean futures prices continue to hit new high, China's grain prices have been rising continuously more than two months, although the total increase is less than 30%, but later still up space. Can be expected in 2011 will be the world's efforts to enhance food production, agricultural product market can be the appropriate period, as the food, "food" fertilizer for the next period of greater market imagination. China Fertilizer off-season export doors closed, the domestic fertilizer demand gradually coming season, and was informed that foreign businessmen have started talks in October off-season fertilizer export orders, future market demand for raw materials may be of sulfur.

Promoting confidence in money funds do not improve is the key difference

        Go into the causes of this round of gains, according to market data detection, round up a lot of money because of the influx of sulfur market, buyers tend to make the balance of supply and demand, that is in short supply situation continue to be boosted market confidence, to see more atmosphere heats up, leading to market price is increasing. According to the analysis ,1200-1400 yuan / ton price range for the trading business costs are concentrated in the short term difficult to exceed the overall market price range of this pressure for the plot.

Excess supply of funds to promote or to match for

        Resources and recent domestic terminal sulfur market growing, most recently to the shipping costs remain at 125-140 U.S. dollars / ton, equivalent to RMB in 1050-1180 yuan / ton, calculated in accordance with the current market price, there is a certain profit margin. According to data monitoring ,1200-1400 yuan / ton price range is the cost of business focus areas in the short term is difficult to break through is bound to be a slight concussion. For a long time, the domestic market, excess capacity of sulfur and no substantive change in the situation, according to statistics, the current domestic terminal in Hong Kong stock more than 2.3 million tons of sulfur. Social sulfur high stock, maintained normal levels of imports and lower industry demand a smooth, resulting in the domestic market is still in the sulfur to the inventory of a long period. But looking back in 2009 fourth quarter market, and then look at the present status of domestic sulfur, market psychology has turned around, the excess resources have been difficult to stop the rising price of sulfur, the funds have been made to promote the role of supply and demand contradiction eclipsed. (Spring wire)