31 July 2012 04:41 [Source: ICIS news]
Offers are now at CNY1,510-1,610/tonne EXW (ex-works) for liquid sulphur and at CNY1,510-1,680/tonne EXW for solid sulphur, the source said.
The price increase applies to Sinopec’s refineries in Yangzi, Anqing, Jinling,
Sinopec’s Puguang gas field has also raised its offers for sulphur by CNY30/tonne to CNY1,580/tonne for cargoes ex-Wanzhou port, while offers for cargoes for land transport were increased by CNY40/tonne to CNY1,520/tonne EXW (ex works), the source said.
“Declining port inventories and firmer prices from Middle Eastern producers boosted market sentiment, and more enquiries appeared as a result,” an industry source said.
Offers for imported granules rose to CNY1,560-1,570/tonne at
($1 = CNY6.38)
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