Getting goods to the downstream manufacturers in North China is still stable, the liquid rose to 1790 yuan a small, solid steady at 1780-1790 yuan, trade reduced the cost of downstream manufacturers under pressure, reduced shipments of sulfuric acid. South China port exports about 600,000 tons of fertilizer, is relatively good, the sulfur supply of raw materials sufficient to Hong Kong this month in the 25-30 million tons. Local refinery shipments weakened, the mainstream transaction in 1800-1850 dollars, getting goods not active traders, small factory to accept the goods much lower, pressure.
June, mainly in southern China to Hong Kong port, the main sources for the Yunnan-Guizhou fertilizer factory, the local fertilizer exports to normal, post more adequate supply of raw materials. East China port to Hong Kong this month to reduce the expected arrival next month, the volume of 25-30 million tons. North Sulphur is currently off-season, the demand concentrated sulfuric acid, titanium dioxide and carbon disulfide, sulfuric acid by the Inner Mongolia and Northeast refining a greater impact, there is a growing pressure on shipping, much sulfur to Hong Kong, plans this month to have 2-3 boats arriving but not yet arrived in the region and the container ship arrived in a small amount of liquid, about 1-2 million tons.
At present the port in Hong Kong fell to 1.4 million tons about memory, but not intent to purchase the buyer, usually phosphate fertilizer in direct import of large enterprises, small purchase from the port, trading more light, some three quarters of the downstream manufacturers expected spot price may fall below 200 dollars, I expected the third quarter contract price of 240-250 likely, spot prices will fall in 7-8 months. As the home port of deposit continue to reduce fertilizer and autumn began, the price will continue upward.