Section: CRUSU Market Intelligence

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

Matt Langworthy, Analsyt for Argus Media, assesses price trends and the market outlook for sulphur.

Production cuts globally at refineries have left supply tight heading into the fourth quarter, firming prices. This has been compounded by major exporters in the Middle East prioritising sulphur tonnes to contracts before spot sales.

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

The risk of a second Covid-19 wave over the winter period continues to fuel the trend of forward trading of sulphur cargoes. Downward pressure in some sectors for demand is likely as the macro economic forecast remains challenging.

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

Sulphur demand losses for production of phosphoric acid are forecast at 2.2 million t/a in 2020. Factoring in demand gains in markets such as Morocco, the sector is expected to see a drop of 800,000 t/a in 2020. Recovery is forecast from 2021 with a 2 million t/a increase forecast.

How the macro market responds to the coronavirus pandemic over the months ahead and governmental response in different parts of the globe will likely have a lasting impact on the outlook for the sulphur market.

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

Claira Lloyd, Sulphur Editor and Sulphur Fertilizers Team Leader, Argus Media, assesses price trends and the market outlook for sulphur.