The sulphur market in deficit
Sulphur prices have risen rapidly in recent months as the market moves into a period of deficit which is likely to last until 2028.
Sulphur prices have risen rapidly in recent months as the market moves into a period of deficit which is likely to last until 2028.
At the end of December, the Russian government extended its ban on the export of technical sulphur until at least the end of March 2026. The move prolongs the initial restrictions, which were first reported on 4 November and which were set to expire at the end of 2025. The initial ban was widely expected and followed early September drone strikes on the Astrakhan and Orenburg natural-gas plants. The official justification for the extension remains to “stabilise shipments of raw materials to the domestic market” and maintain production volumes for mineral fertilizers, according to the government’s press service Interfax.
• CRU’s latest global sulphur forecast is for a January price peak before a decline, with the key downside risk being a sharper correction if the supply deficit closes faster than expected. The global sulphur market’s upward momentum has been slowing, with attention shifting to geopolitical risks in Iran. Despite limited physical disruption being reported, the upside risk to prices could be substantial. Following the US bombing of an Iranian nuclear facility back in June, supply from Iran became bottlenecked, despite good production levels, as vessel owners became unwilling to call at ports like Bandar Abbas due to the increased risk.
PT QMB New Energy Materials, a major Chinese-owned nickel smelter in Indonesia, is temporarily cutting production due to mounting waste management challenges, according to a 24 November report from local news source Sina, a move expected to temporarily impact regional sulphur demand. The facility, located in the Morowali Industrial Park, will reduce output for at least two weeks as its tailings ponds are nearing capacity while it awaits approval for a new facility. The shutdown may have implications for the sulphur market, as QMB is a major consumer.
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The Sulphur Institute celebrates its 65th anniversary this year. In this article the organisation describes its lasting legacy and global impact.
A full sulphur pit turnaround and rehabilitation is typically a once in a lifetime experience for refinery personnel. Specialists in sulphur pit turnarounds, Gavin Palmer of Brindley Engineering, Tom Kline and Bob Hall of Structural Technologies have compiled a database based on multiple sulphur pit turnarounds to identify typical deficiencies in mechanical systems, along with improvements to enhance operability, restore functionality and meet all codes/standards and best practices.