Tag: Prices

• The global sulphur market outlook is flat to soft in the near term: most

Most key sulphur import markets remained stagnant in late August due to weak demand. A premium is being paid for cargoes with guaranteed delivery schedules, driven by ongoing logistical risks in the Middle East. This has firmed prices in North America and Indonesia, but the potential return of supply from Russia and Kazakhstan may add some downward pressure.

Viviana Alavardo, CRU Sulphur and Sulphuric Acid Analyst, examines how China's 2026 sulphuric acid export suspension removed an estimated 2.8 million tonnes from trade, deepening sulphur shortages. Prices have eased since May but remain historically high amid limited replacement supply.

The August deadline for talks between the US and Iran came and went, as expected, with no resolution to the conflict. At time of writing, both sides were exchanging tit for tat attacks on ships in the Strait of Hormuz, with Iran claiming that it would be instituting a new ‘exclusion zone’, and no sign of a diplomatic resolution in sight. With the flow of ammonia, urea and other commodities like oil, LNG and sulphur from the Gulf still slowed to a trickle, the summer of high prices and demand destruction looks set to extend well into autumn at least.

The ammonia market continues be divided on a regional basis during August. In northwest Europe, prices remained high, holding above the $700/t CFR mark, underpinned by high Dutch TTF gas prices, which stood at €63.93/ MWh ($21.5/MMBtu) as of 20 August. The spot market was active, with two cargoes destined for CF Fertilisers in the UK, one an ex-Trinidad cargo supplied by Koch and the other an ex-Algeria cargo supplied by Trammo. Trammo was also linked to a separate, unconfirmed, sale into Poland for Grupa Azoty.

• Prices are expected to hold firm in Europe, though values elsewhere could well undergo further pressure, with Tampa also expected to decline for September.

Price trends and market outlook, 20th August 2026.

Russia's sulphur supply is under renewed pressure after another Ukrainian strike hit the Astrakhan gas processing plant, a facility vital to the country's fertilizer industry and responsible for over 60% of its sulphur output.

Brazil’s National Association for the Diffusion of Fertilizers (ANDA) has proposed an emergency $375 million subsidy to shield farmers from soaring sulphur prices. The proposal was presented to the government during the International Brazil Congress in São Paulo on 25 August.

The Council of the EU has adopted a regulation giving member states new tools to support farmers hit by sharply higher fertilizer and input costs linked to the recent crisis in the Middle East.