Section: CRUSU Market Intelligence

Meena Chauhan, Head of Sulphur and Sulphuric Acid Research, Argus Media, assesses price trends and the market outlook for sulphur.

Processed phosphates pricing will be a major influence in the coming months. A gap remains between historical levels of sulphur and DAP pricing that points to the potential for sulphur prices to recover to higher levels during 2023.

Meena Chauhan, Head of Sulphur and Sulphuric Acid Research, Argus Media, assesses price trends and the market outlook for sulphur.

New supply-side capacity additions in 2023 will increase export availability from the Middle East. Projects have already been ramping up in Qatar, Saudi Arabia and Kuwait.

Reduced appetite for sulphur from processed phosphates producers in China will continue to place downwards pressure on pricing in the near term. l Phosphates-based demand is likely to remain low in the second half of 2022 as issues surrounding affordability persist, slowing import requirements.

Meena Chauhan, Head of Sulphur and Sulphuric Acid Research, Argus Media, assesses price trends and the market outlook for sulphur.

The ongoing recovery from Covid-19 has led to an uptick of sulphur from refineries in regions including the US compared with a year ago. As travel around the global improves, increasing fuel demand points to higher operating rates and improved sulphur recovery.

Meena Chauhan , Head of Sulphur and Sulphuric Acid Research, Argus Media, assesses price trends and the market outlook for sulphur.

Meena Chauhan, Head of Sulphur and Sulphuric Acid Research, Argus Media, assesses price trends and the market outlook for sulphur.

The ongoing conflict in Russia-Ukraine remains a key focus for the market in the months ahead. It is unclear whether buyers that are currently doing so will permanently choose non-Russian sulphur sources, but trade flow changes are expected to persist through the rest of 2022.