Market Wrap 2624
· Sulfur: The price skyrocketed from CNY9,600/t to CNY11,600/t,rise above CNY2000/t within the week. Tight import from Middle East, historic low port inventory and rigid procurement by phosphate fertilizer enterprises supported the rally, while traders’ reluctance to sell further tightened spot supply. · Yellow phosphorus: The mainstream transaction price rose to CNY34,000-34,500/t, with benchmark price of CNY34,462/t. Driven by […]