The invention provides a desulfurization refining method of sulfate turpentine with the ultra-low sulfur content, and relates to sulfate turpentine. The desulfurization refining method comprises the steps that the sulfate turpentine is rectified and separated through a vacuum rectifying tower to obtain pinene; the pinene is hit into a fixed bed filled with shell activated carbon to be soaked, thenthe pinene is replaced repeatedly and cyclically in the fixed bed through a circulating pump, a pinene material is released from the side line of the circulating pump, ultra-low-sulfur pinene is obtained, the fixed bed is purged through high-temperature water vapor and nitrogen, thus the activated carbon is regenerated, and the desulfurization-refined sulfate turpentine with the ultra-low sulfurcontent is obtained. The small granular shell activated carbon is adopted as an adsorbing agent, the activated carbon has a developed gas structure and is high in absorbing ability, large in strength,stable in chemical property and durable, sulphur residues in the sulfate turpentine are effectively adsorbed, material diffusion is accelerated through the circulating pump, thus materials are distributed evenly, one the one hand, the adsorbing effect of the activated carbon is enhanced, on the other hand, physical damage of stirring on the activated carbon is avoided, operation is easy, energy consumption is small, and industrial feasibility is achieved.