Doha, Qatar: During this week, the Sulphur market is experiencing a fluctuating pattern in their trend due to the disturbed equilibrium between supply and demand. In Asian and North American regions, the Sulphur market is showcasing a stable price trend and Middle-Eastern regions are following a downward trend due to the ample inventory levels among the storage units.
In the Middle Eastern region, due to the ample inventory levels of Sulphur and lower demand from the domestic as well as the overseas downstream Agrochemical sector, the market faced a bearish scenario. Despite the disruption in the Red Sea, the prices of Sulphur are showcasing a declining trend. The limited number of ships using the Red Sea route remains at risk, as highlighted last week by shipping line Maersk, which reported an increase in attacks and an expansion of the risk zone. Maersk announced it would continue redirecting...
