The Sulphur market in China and the US showcased a mixed trend. In China, the market experienced a declining trend amid the low production cost and limited demand from end-users due to the ongoing phosphate export restrictions. However, in the US, the market witnessed stable yet bullish market sentiments due to the unchanged import cost from the exporting nation.
After witnessing bullishness for a few weeks, the sulphur market in China witnessed a decline in its trend. During the week ending on May xx, the Chinese sulphur market experienced a decline of x.xxx and the prices fell to USD xxx/MT (Ex-Shanghai). This decline in the market sentiments of the commodity was due to the declined production cost along with the limited demand for sulphur from the downstream agrochemical sector in China.
The production cost of the commodity witnessed...
