Trading in sulphur was flat

On Tuesday (February 14), the sulfur market was flat, the port trade atmosphere was deadlocked, the cargo holder offered a higher price, and the downstream procurement was slow to follow up. The domestic refinery sales situation is different, and the price adjustment is more flexible.
Port: According to Baichuan statistics, China's main port sulfur inventory of 1.45 million tons. Among them, the stock of Nantong Port is about 500,000 tons, and the stock of Zhenjiang Port is 260,000 tons. Hold steady no dark market will support, port traders mentality is ok, bulk particles reference quotation 910-915 yuan/ton, downstream factory intention to purchase prices are low, the negotiation atmosphere stalemate. At present, the main factory has not yet begun to purchase on a large scale, the progress of port transactions is slow, and the short-term trend continues to maintain consolidation.
Fangchenggang sulfur inventory of about 390,000 tons, the downstream factories consume inventory resources, the port trade market is light, the recent external talks are not much news, the late focus on the southwest factory procurement situation.
Qingdao Port sulfur inventory of about 50,000 tons, the port trade atmosphere is not warm, the surrounding factory procurement is not large, Qingdao Port block powder sulfur reference price of 810 yuan/ton, the price change is little.
Future market forecast: the downstream factory procurement progress is slow, the sulfur price to push up the formation of a certain limit, the current external price is more supportive, the holder of the new day is OK, the sulfur market temporarily narrow consolidation.