China-formed sulphur inventories drop 42,000 tonnes week on week

Source: ICIS News

2018/10/11

LONDON (ICIS)--China-formed sulphur inventories decreased this week to close to 1.63m tonnes, sources confirmed on Thursday.

Chinese-formed sulphur inventory levels (‘000 tonnes) 11 Oct 27 Sep
Fangcheng 320 320
Zhanjiang 160 130
Beihai 166 198
Zhenjiang 650 650
Nantong 310 350
Qingdao 0 0
Rizhao 0 0
Longkou 23 23
Tianjin 0 0
Total 1,629 1,671

Domestic sulphur deals were limited and prices were largely unchanged. Offers at Yangtze ports were at CNY1,510/tonne, stable from last week. Prices at Huaxi Exchange saw some changes, affecting spot market sentiment. Downstream producers showed thin buying interest recently.

Sinopec prices for trucks of solid liquid sulphur at Dazhou stood at CNY1,430/tonne, while prices at Wanzhou reached CNY1,550/tonne.

China domestic sulphur prices CNY/tonne EXWH
Fangcheng 1,510-1,510
Zhanjiang 1,510-1,510
Beihai 1,510-1,510
Zhenjiang 1,510-1,510
Nantong 1,510-1,510
Qingdao 1,100-1,100
Rizhao 1,100-1,100
Longkou 1,100-1,100
Tianjin 1,100-1,100