Since the beginning of August last year, bottoming out, the current domestic market price of sulfur has risen 65% over the previous year lows. In the downstream fertilizer market downturn, lower sulfur industry overcapacity background, posting gains of sulfur lot of people by surprise. The industry believes that demand stimulation and after the Spring Festival, Chinese New Year before the external disk drive is the main reason for rising sulfur. 

Sulfur is the main raw material for fertilizer production, fertilizer market performance have a major impact on the market price of sulfur. It is understood that last year, the overall performance of the fertilizer market in the doldrums, the various kinds of fat are facing the elimination of backward production capacity and industrial restructuring situation. India's fertilizer imports plus large decline in imports last year, the domestic fertilizer market severely suppressed, sulfur demand appears weak. 

Data show that last year the price of sulfur from the nearby 1,380 yuan at the beginning of the way down, on 5 August fell 817 yuan, becoming the lowest price since 2011 sulfur market. But since then, the price of sulfur usher strong rebound. As of yesterday, the domestic sulfur market prices climbed to 1,358 yuan, compared with the lowest point last year rose 65%, close to the price level at the beginning of last year. 

Analyst Zhou Qian told reporters that this wave rally sulfur view can be divided into two parts. Rebound power before the sudden increase in demand mainly from the supply shortage caused by the gap, rely more years after the external disk drive. 

According to Zhou Qian introduced in December last year, the State Council Tariff Commission issued the "2014 Tariff Implementation Plan", the season fertilizer export tariffs are significantly reduced, making it possible to export season. This policy adjustments to stimulate the enthusiasm of fertilizer production enterprises, the demand for the formation of sulfur boost. Domestic sulfur market lower operating rates, a limited supply in the face of sudden boost demand, the price of natural increase. 

After the Spring Festival, the sulfur in the international market continued to rise. Information analyst Xu Lei Yu said the second half of last year in the Middle East sulfur production, while China is a major importer of sulfur Middle East countries. Due to the high degree of dependence on China's foreign sulfur, up to 60%, the Middle East sulfur pull up the domestic spot price of sulfur played weathervane effect. 

Zhou Qian believes that the current high price of sulfur has been living in downstream businesses stocking has ended, at high cost pressure, the more concentrated the market waiting to see atmosphere, recent market will remain stable. In the long run, despite the late spring in northern China will continue to start, but after March accompanied by an increase in supply to Hong Kong, the sulfur overall market volatility has little room.