B · Normal
[Falling Sulfur Prices: Downstream Diammonium Phosphate Has Been Profitable. It is difficult to judge the Q3 profit margin of sulfate-based titanium dioxide] On September 1, the relevant person in charge of Hubei Yihua told reporters that due to the recent continued decline in the price of upstream basic raw material sulfur, the company's diammonium phosphate has achieved profitability. However, many titanium dioxide companies told reporters that because product prices are also falling simultaneously, it is difficult to judge the change in the Q3 profit margin of sulfate-based titanium dioxide from the previous quarter. Some phosphate fertilizer companies estimate that the price of sulfur is more than 2,400 yuan/ton, and it is more economical to use phosphogypsum to produce sulfuric acid. Under the current sulfur price, many companies are progressing normally with phosphogypsum sulfuric acid production projects. Xiaocai's note: Last week, the mainstream granular sulfur quotation in Zhenjiang Port fell from 8,750 yuan/ton to 7,500 yuan/ton. The actual lowest transaction price was 7,300 yuan/ton, which was nearly 40% lower than the year's high. (Reporter Xiao Lianghua)
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