Bullishness Persists in the European and Middle Eastern Sulphur Market

Bullishness Persists in the European and Middle Eastern Sulphur Market

Marcel Proust 25-Nov-2024

Al Jubail: The Sulphur market in the Middle East and European nations continues to experience persistent bullishness, characterized by rising prices and strong market sentiment, reflecting a steady upward trajectory in trading activities across these key regions.

In the Middle Eastern region, the Saudi Arabian Sulphur market witnessed a price increase of x.xx, reaching USD xxx/MT (FOB-Al Jubail) during the week ending on xxnd November. This bullish trend was attributed to robust demand for Sulphur from both domestic and overseas downstream agrochemical sectors. Additionally, the market was further impacted by the scheduled maintenance at Saudi Aramco and Sinopec’s Yasref refinery in Yanbu, a xx:xx joint venture with a xxx,xxx b/d capacity. The maintenance, which began on xrd November and is set to last xx days, involves the shutdown of key units, including the sole crude distillation unit (CDU), an xx,xxx b/d reformer, a xxx,xxx b/d...

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