Doha, Qatar: The Sulphur market is currently exhibiting a mixed trend across different regions. In the Middle East, a bullish market sentiment prevails, driven by a surge in demand from overseas markets and elevated freight rates, contributing to higher prices and increased market activity. Conversely, the North American region is experiencing a more stable market trend, characterized by an equilibrium between supply and demand, leading to steady pricing and minimal fluctuations.
In the Middle Eastern region, the Sulphur market is experiencing an upward trend, with prices rising by x.xxx to USD xx/MT (FOB-Doha) during the week ending on xxth July xxxx. This increase is primarily driven by heightened demand from downstream agrochemical enterprises, which has stimulated trading activities and led to higher production rates to meet the growing needs. The ongoing peak season is further boosting demand from overseas markets, especially with European importers expected to...
