Hamburg (Germany): Sulphur prices in the global market are exhibiting fluctuating patterns. In the European and US markets, prices are on a downward trend due to subdued spot demand from the downstream agrochemical sector, coupled with high freight costs that have tightened margins over recent months. Conversely, the Middle Eastern markets are experiencing an upward trend in Sulphur prices, driven by increased demand from downstream enterprises, leading to higher consumption rates of the commodity.
In Germany, during the week ending June xxth, Sulphur market saw a x.xx decline, settling at USD xx/MT (FOB-Hamburg). The Vohburg section of the Bayernoil refinery became accessible again on the morning of June xxth, following previous disruptions caused by rising Rhine water levels. This led to an easing in the supply chain since the end of last week, despite rising water levels along the Danube. Additionally, high inventory levels and subdued demand...
