BEIJING, Jan. 15 /PRNewswire-Asia/ -- Himfr.com, one of China's leading B2B search platforms with more than 30 B2B industry websites to its name, reports sulfur prices will rise
The Chinese sulfur market has experienced a prolonged slump in the 2009 global financial crisis, but is steadily recovering. In the downstream sulfur market, sustained demand exceeds supply, so a price rise is unavoidable.
In recent days, diammonium prices are holding steady in fertilizer market, but at the same time, sulfur prices are rising and import volume has grown too quickly. Himfr experts advise consumers to be aware of this rising trend.
At the beginning and the end of the year, the Chinese fertilizer market has experienced rising prices, poor sales, then slightly lowered prices. The supply of diammonium phosphate products has increased in the Chinese and international market, which bodes well for the future. Currently, 57% diammonium phosphate is 2,200 - 2,350 yuan, while 62% diammonium phosphate (http://himfr.com/list-product-Inorganic_Chemical_Materials-05200000-1.html ) is 2,450 - 2,500 yuan, 64% diammonium phosphate is 2,550 - 2,700 yuan, and higher-content products are as much as 2,800 yuan. Compared with mid-December of last year, prices are up almost 100 to 200 yuan.
According to reports, in the most recent period, sulfur prices have been rising. In the east China market, the price is up to 1,050 - 1,200 yuan per ton, up more than 40 percent month-on-month. Recently, due to one million tons of imported sulfur, market volume has increased by 20 percent.
But Himfr reminds consumers, in the most recent period, sulfur price rises have happened too fast, import volume is excessive, and so sulfur market is not stable and consumers should pay attention to observe and to avoid risks.
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