07
2026
-
07
Sulfur supply shortage persists; prices to fluctuate at high levels in the short term
The international sulfur market remained at a high level during this period.
Although cargo flows through the Strait of Hormuz have shown signs of recovery, the global sulfur supply shortage remains unchanged, keeping international market prices high.
Currently, the maximum CFR price range acceptable to buyers in China and India is $900–$1,000 per tonne; however, given the scarcity of spot supplies, suppliers are holding firm at $1,100–$1,200 per tonne CFR. Markets such as Indonesia and East Africa are still able to absorb these high prices. With limited total spot volume available, the market can be sustained by the participation of only a small number of buyers.
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