Entering August, the domestic sulfur market once again ushered in a unilateral uptrend after nearly two months of high finishing. As of August 28, the domestic mainstream transaction price rose to 1800~1900 yuan (unit price, the same below). Sinopec Sichuan Puguang Wanzhou port sulfur rose to 1920 yuan, and the high-end price in Shandong even broke through 2000 yuan mark, up more than 18%, a new high sulfur price in recent years. As a representative of bulk inorganic chemical products, sulfur trend has once again become the focus of attention in the industry.

Shao Huiwen, market senior commentator, said after the end of the high consolidation trend, sulphur market in August was sharply high, mainly based on sulphur imports continuing to reduce, leading to the continuous decline of port inventory, and downstream phosphate fertilizer market continuing to go higher. In addition, sulfur market supply decrease and demand increase, traders' actively entering the market and operation will also play a role in promoting the market.