Abu Dhabi, UAE: During this week, Sulphur prices experienced a bullish market sentiment as the supply and demand balance was disrupted. Existing inventories among the storage units were inadequate to fulfill the demand from downstream sectors such as Agrochemical and Rubber Vulcanization industries. The price surge was notable in major export countries in the Middle East Asian region.
In the United Arab Emirates, Sulphur prices rose by x.xxx to reach USD xx/MT (FOB-Abu Dhabi) on March xx, xxxx. This increase in Sulphur prices was driven by disruptions in supply and demand dynamics, alongside heightened demand from downstream Agrochemical and Rubber Vulcanization industries. Trading activities among major manufacturing units intensified, and production rates were raised to meet the growing demand from these sectors, as existing inventories proved insufficient. Supply chain disruptions resulted in storage units facing shortages. However, Crude Oil prices remained stable throughout the week, thereby maintaining...
