Sulfur is the core raw material of sulfuric acid, the “mother of chemicals.” A CCTV financial reporter learned that since this year, domestic sulfur prices have risen sharply, reaching a peak of 11,600 yuan per ton, with a maximum increase of more than 210%. Although there has been a decline now, the increase has nearly doubled during the year. China is a major importer of sulfur. Affected by the international situation, China's sulfur imports have declined markedly this year. At one point, sulfur stocks at major domestic riverside ports were only about half of the same period last year. Faced with changes in sulfur prices, some companies have locked in basic supplies through Changxie orders, and many downstream companies have begun to change the source of raw materials. The reporter learned that in order to mitigate external shocks, the domestic industry is speeding up the construction of a diversified sulfur resource supply system and broadening supply channels. Industry insiders said that as a number of projects are put into operation one after another, domestic sulfur resource guarantee capacity will continue to increase, and sulfur prices are expected to drop steadily in the later stages.

Sulfur is the core raw material of sulfuric acid, the “mother of chemicals.” A CCTV financial reporter learned that since this year, domestic sulfur prices have risen sharply, reaching a peak of 11,600 yuan per ton, with a maximum increase of more than 210%. Although there has been a decline now, the increase has nearly doubled during the year. China is a major importer of sulfur. Affected by the international situation, China's sulfur imports have declined markedly this year. At one point, sulfur stocks at major domestic riverside ports were only about half of the same period last year. Faced with changes in sulfur prices, some companies have locked in basic supplies through Changxie orders, and many downstream companies have begun to change the source of raw materials. The reporter learned that in order to mitigate external shocks, the domestic industry is speeding up the construction of a diversified sulfur resource supply system and broadening supply channels. Industry insiders said that as a number of projects are put into operation one after another, domestic sulfur resource guarantee capacity will continue to increase, and sulfur prices are expected to drop steadily in the later stages.