Shengyishe's open rawmex feed on September 26 still displayed the September 23 port inventory wire, putting monitored Chinese coastal elemental sulfur stocks at 940,200 metric tonnes.
Domestic reporting rounds the total to 94.02 万吨, a small rise from 938,000 tonnes carried for September 21 data in prior wires.
The September 23 breakdown listed Fangcheng at 380,000 tonnes, Zhanjiang at 200,000 tonnes, Zhenjiang at 223,000 tonnes, Dafeng at 86,000 tonnes, Beihai at 23,000 tonnes, and Nanjing at 10,000 tonnes.
That stock build landed the same week Shengyishe lifted the national 基准价 to 7,752.33 yuan on September 23 before the national line went flat September 24.
September 26's third consecutive flat Shandong rawmex print at 7,719 yuan per tonne sits against those stocks, a combination that can cap spot even when the national article series pauses for the weekend.
SMM's August customs tables on September 20 showed elemental sulfur imports at 272,323 metric tonnes, down 65 percent year on year, shrinking the seaborne refill that normally leans on Middle East and Canadian stems.
Guizhou Phosphating's August Middle East cargo into Zhanjiang, reported in late August wires, showed selective import demand still clearing despite weak headline import totals.
BC Insight's September 19 Harrisson note described Middle East monthly sulfur exports below 1.0 million tonnes since March 2026, a supply backdrop that can lift world offers without immediately drawing down Chinese port tanks.
BC Insight Price Trends the same week kept Vancouver FOB in a 1,100 to 1,200 dollars per tonne band on 19 September, the Pacific frame Alberta forming plants reference when Chinese inventories look heavy.
Alberta July 2026 closing inventory at 11.11 million tonnes in AER ST3 confirms measured block stocks on the Canadian side rather than a sudden remelt surge into Vancouver.
The Vancouver Fraser Port Authority's 2025 sulfur export total at 3.51 million tonnes, up 5 percent year on year, shows the Pacific corridor still clearing when Chinese buyers step in.
Desk read: treat 940,200 tonnes as the last published coastal wire until a fresher Shengyishe or port tally posts; pair it with flat Shandong spot before assuming a domestic shortage bid.