Abstract

Downstream companies in China have all taken the response measures to deal with increasingly unbearable pressure of soaring sulfur prices. Some sulfur manufacturers have started to produce acid by using sulfurous iron ore to replace sulfur. Furthermore, the successive rises in sulfur price have made potassium sulfate companies have no other choices except price hikes and made the price of potassium sulfate compound fertilizer also raised, hitting the new record high.

At present, the global annual output of sulfur is about 40 million tons and it is expected to reach 55 million tons in 2011. The world's sulfur consumption growth has been lower than the output growth in recent years, so there exists oversupply. It is expected that the global sulfur supply surplus will amount to 5.9 million tons in 2011 and 12 million tons in 2015. In 2016, the apparent supply of sulfur will increase, and that rise will be mainly from North America, the Middle East and former Soviet Union region. Meanwhile, Canada will continue to remain the largest sulfur export country in the world.

Presently, China has more than 100 sulfur recovery units. The large-scale sulfur recovery units of petrochemical industry have been put into operation successively in recent years. It is expected that China's sulfur output recovered from petroleum refining and natural gas purification will break 2 million tons in 2008, and will exceed 2.5 million tons in 2010. If 50% of sulfur in all raw material coal at home could be recovered, then China would recover more than one million tons of sulfur each year. Plus sulfur recovered from natural sulfur, power plants and coking plants, China's actual output of sulfur in 2008 will exceed 3.5 million tons, making China's sulfur self-sufficiency rate rise to more than 30% in the year from current 14%. During the 11th Five-year Plan period (2006-2010), China will build new oil refinery projects with a total annual capacity of about 91 million tons, of which 75% will use crude oil from the Middle East. In 2010, China's sulfur recovery capacity and exhaust gas processing capacity will total 2.8 million tons.

China's phosphatic compound fertilizer industry will maintain a rapid development in the following several years. China's demand for sulfur will be further enlarged. Therefore, the following issues in China's sulfur industry requires urgent solution that how to use sulfur resources reasonably, control vicious price hikes, decrease the dependence on sulfur import and promote a healthy development of the market.

Table of Contents

2. China Sulfur Resource
2.1 China Sulfur Output, 2007
2.1.1 Overall Output
2.1.2 Regional Distribution of Sulfur Output
2.1.3 National Inventory of Sulfur
2.1.4 Characteristics of Sulfur Resources
2.2 China Demand for Sulfur
2.2.1 Distribution of China Demand for Sulfur
2.2.2 Comparison of Sulfur Demand between China and Foreign Countries
2.2.3 Sulfur Consumption in China
2.3 Effects of Sulfur on Fertilizer Industry Development

3. Effects of Asphalt Industry Development on Demand of Sulfur Industry
3.1 Operation of China Asphalt Industry, 2007
3.2 China Asphalt Output, 2007-2008
3.3 Sulfur Modified Asphalt Mixture on China Road Construction Development
3.4 Asphalt Industry Development on Demand for Sulfur

4. China Sulfur Import and Export, 2007
4.1 Import and Export, 2007
4.1.1 Import
4.1.2 Export
4.2 China Sulfur Import Dependence Ratio, 2007
4.3 Structure of China's Sulfur Import by Country
4.4 Trend of China's Sulfur Import Price
4.4.1 Sulfur Prices at Home and Abroad, 2007
4.4.2 China Sulfur Import Prices, 2007
4.4.3 China Sulfur Price Formation Mechanism
4.5 Reasons for Increase in Import Volume and Value, 2007
4.6 Characteristics of China Sulfur Import, 2007

5. Relevant Industry Policies of China's Sulfur Industry
5.1 Industry Policy
5.2 Import Policy
5.3 Export Policy
5.4 Investment Policy
5.5 Influence of Industry Policy on Industry Development
5.6 Policy Factor Influencing Sulfur Market Trend, 2007-2008
 
6. Key Sulfur Producers and Trade Companies
6.1 SinoChem Chongqing Fuling Chemical Co., Ltd
6.1.1 Operation in Recent Three Years
6.1.2 Operation Characteristics
6.1.3 Advantages and Disadvantages in the Industry
6.1.4 Investment Dynamics
6.1.5 Development Strategy
6.2 Nanning Chemical Group Co., Ltd
6.3 Yunnan Salt & Chemical Co., Ltd
6.4 Shandong Mingshui Dahua Group
6.5 China Petrochemical Corporation
6.6 Meishan Branch, Shanghai Baosteel Chemical Co., Ltd
6.7 Zhejiang Jiahua Chemicals Corporation
6.8 Xinjiang Zhongtai Chemical Co., Ltd

7. Forecast of Global and China Sulfur Supply and Demand
7.1 Forecast of Global Sulfur Consumption and Demand, 2008-2016
7.2 Forecast of China's Sulfur Supply and Demand, 2008-2010

Selected Charts

Published Date	Number of Pages	Publisher	Price
May/2008	77	ResearchInChina	US$2,200(PDF)
			US$2,000(Hard Copy)
			US$3,500 (Enterprise Wide)