Al Jubail, Saudi Arabia: The Sulphur market is experiencing a bullish trend in both the Middle East and the US, driven by significant supply chain disruptions. In the Middle East, the market is witnessing an upward trend due to the increased demand for Sulphur and the escalating conflict between Israel and Palestine, particularly in the Red Sea region, where continued attacks are exacerbating the situation. Meanwhile, in the US, the Sulphur market is similarly impacted by supply chain disruptions caused by strikes on Canadian railways, further affecting market sentiment and contributing to the ongoing bullishness.
In the Saudi Arabian market, the Sulphur market witnessed a notable increase during the week ending on xxrd August, with prices rising by x.xxx to settle at USD xxx/MT (FOB-Al Jubail). This incline occurred despite a decline in production costs driven by lower crude oil prices,...
