Sulfoxide chloride, which has long been classified as a pesticide and pharmaceutical intermediate, is being repriced by the electrolyte industry chain. According to Baichuan Yingfu data, as of November 11, the average price of sulfoxide chloride in the domestic market was 6,174 yuan/ton. It has risen 76% since this year, up 297.81% year on year. The gross profit of the industry has risen from about 100 yuan/ton in the same period last year to more than 3,000 yuan/ton at present. On the cost side, as the main raw material for sulfoxide chloride, sulfur prices showed a trend of rising and then falling during the year. Some industry researchers told reporters that the price of sulfoxide chloride is rising and the price of sulfur is falling. This shows that this round of market is driven by supply and demand rather than cost unidirectional.

Sulfoxide chloride, which has long been classified as a pesticide and pharmaceutical intermediate, is being repriced by the electrolyte industry chain. According to Baichuan Yingfu data, as of November 11, the average price of sulfoxide chloride in the domestic market was 6,174 yuan/ton. It has risen 76% since this year, up 297.81% year on year. The gross profit of the industry has risen from about 100 yuan/ton in the same period last year to more than 3,000 yuan/ton at present. On the cost side, as the main raw material for sulfoxide chloride, sulfur prices showed a trend of rising and then falling during the year. Some industry researchers told reporters that the price of sulfoxide chloride is rising and the price of sulfur is falling. This shows that this round of market is driven by supply and demand rather than cost unidirectional.