
Market Insight
Market Insight courtesy of Argus Media
Market Insight courtesy of Argus Media
EuroChem Group recently completed the purchase of the Serra do Salitre project from Yara International for $452 million. This one million tonne capacity Brazilian phosphate project is due to be completed in 2024.
Meena Chauhan, Head of Sulphur and Sulphuric Acid Research, Argus Media, assesses price trends and the market outlook for sulphur.
The extensive sweep of financial sanctions against Russia in the wake of the invasion of Ukraine, coupled with Russia’s position as the leading exporter of numerous commodities means that the impact of the 2022 price shock may be worse than 2008.
The fourth SulGas Conference organised by Three Ten Initiative Technologies took place 1-4 February as a virtual event. Selected highlights from some of the presentations from SulGas 2022 are given below.
A shortages of highly pure nickel is driving major new investment in high pressure acid leaching plants, especially in Indonesia, with a significant impact upon sulphuric acid and sulphur demand.
It was supposedly Lenin who said that there were “weeks when decades happen”, and the past few weeks have felt very much like that. The outbreak of conflict in Ukraine has sent shockwaves across the world and may have changed it permanently.
Developments in the Russia-Ukraine conflict is going to be a key influence for the sulphur market through the year. The potential loss of Russian sulphur to key import markets such as North Africa and Latin America is likely to lead to trade flows increasing to these regions from the Middle East and North America.
A complete listing of all articles and news items that appeared in Nitrogen+Syngas magazine during 2021.
A complete listing of all articles and news items that appeared in Sulphur magazine during 2021.