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Sulphur 410 Jan-Feb 2024

A return to the fold


Editorial

A return to the fold

“The need for technical knowledge and insights has never been more important”

We are very pleased to be able to tell you that, as of this issue, Sulphur magazine has a new publisher. Or rather, an old publisher, as the magazine is now once again part of the CRU Group.

Sulphur originally began life in 1953 as the Quarterly Bulletin of the Sulphur Exploration Society, a society formed to look for new sources of Frasch sulphur, which later became the British Sulphur Corporation. By the 1960s the magazine had become the Journal of World Sulphur, and finally simply Sulphur, while the British Sulphur Corporation was in turn acquired by CRU in the early 1990s. The magazine’s content changed as the sulphur industry itself changed radically during those decades, moving from Frasch mined sulphur to recovered sulphur from sour oil and gas, and downstream demand for particularly phosphate fertilizer production expanded rapidly.

In 2007, CRU’s Publishing division was spun off as a separate entity, BCInsight Ltd, as CRU sought to focus on its core activities of analysis, consultancy and conferences, but the new company retained the magazine staff who had been working on it for many years, and continued a close relationship with our former colleagues at CRU, liaising especially over CRU’s industry conferences.

The current move back to CRU is in part a result of the changing nature of how people seek and acquire knowledge and network in a digitally saturated age. Sulphur will now be housed within CRU’s new Communities business unit, headed by Nicola Coslett, CEO of CRU Communities, which will seek to strengthen engagement and facilitate knowledge-sharing and networking across the fertilizer and wider chemicals industries.

The move will also allow us access to CRU’s Fertilizer consultancy division, with its unrivalled team of dedicated and highly experiencedanalysts, enhancing our ability to deliver even more comprehensive and insightful information to our readers. With so many new entrants into the ammonia, phosphate and fertilizer industries, the need for technical knowledge and insights has never been more important.

In the longer term, it will also allow us to make improvements to our product offerings that were beyond the resources of a small publishing company, and we hope to have more news on that in due course. But rest assured that the team writing and publishing the title remains the same as always. Myself and Lisa Connock, our Technical – and now Managing – Editor, and Marlene Vaz, our Sales Manager, will look forward to seeing you under our new guise at CRU’s sulphur conferences during the year, at MEScon in Abu Dhabi on March 20-23 and of course at Sulphur + Sulphuric Acid in Barcelona in November.

Latest in Outlook & Reviews

Uncharted waters

The fragile ceasefire between the United States and Iran broke down at the start of July, just three weeks after the signing of the June memorandum of understanding, after Iran fired at several vessels who had failed to notify them of their transit of the Strait of Hormuz, and the US retaliated with a missile barrage. While the two month negotiation period it had specified to solve all of the outstanding issues between the two parties had always seemed over-ambitious, market participants had at least expected to have that grace period to arrange for new cargoes and tranship them through the Strait. Now that the ceasefire has ended early, markets are truly entering uncharted waters.

Price Trends

The global sulphur market has entered a holding pattern, as a wave of bearish sentiment has so far failed to move stubbornly high spot prices. The departure of a significant volume of product from the Middle East has emboldened buyers and shifted market sentiment firmly towards bearish, but at time of writing this has so far failed to translate into lower prices. With sellers in no hurry to lower prices and spot availability still tight, the market has stalled as both sides wait for the other to blink first.