23 March 2012 09:27 [Source: ICIS news]
“Liquid sulphur is offered at CNY1,710-1,760/tonne and solid sulphur is offered at CNY1,750-1,860/tonne,” the source said.
The price increase applies to Sinopec’s refineries in Jiujiang, Cangzhou, Yangzi, Jinling,
The company’s Puguang Gas field has also increased its sulphur offers by CNY20/tonne to CNY1,730/tonne EXW (ex-works) for cargoes delivered at Wanzhou port, while its EXW offers by truck in
However, with the spring fertilizer application season ending in April, the major price driver in
However, at the moment, the prospects for phosphate exports appear poor.
It was said in the market that 40,000 tonnes of Ma’aden DAP was sold to Indian PPL at $540/tonne (€410/tonne) CFR India, indicating a weakness in the phosphate market, an industry source said.
Most market players have adopted wait-and-see attitude, and the offer prices for imported granular sulphur at
($1 = CNY6.33)
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