China’s sulphur inventory nears three-month high at 1.53m tonnes
10 February 2012 10:35 [Source: ICIS news]
SINGAPORE (ICIS)--?xml:namespace>China’s sulphur inventory held by traders hit a near three-month high of 1.53m tonnes this week, as huge volumes of imported material arrived in January, industry sources said on Friday.
Current inventory at China’s nine main ports was up by 194,000 tonnes from 4 January, according to Cheamease, an ICIS service in China.
“Just for Nantong port, the sulphur inventory [increased] by around 60,000 tonnes during the past two weeks,” a trader said.
“Nantong port is still faced with mass arrivals in February,” said an industry source.By: Natalie Hui
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