Doha, Qatar: Despite several economic issues, the Sulphur market is experiencing a stable trend in the global market due to the adaptable demand from the downstream Agrochemical enterprises and adequacy in the inventory levels maintaining the supply and demand equilibrium. In terms of the upstream market, the prices of Crude Oil are witnessing a decline in their trend resulting in lower production costs of Sulphur.
The Sulphur market overall shows a balance between supply and demand, but there&#xx;s a lack of activity and liquidity in markets situated to the east of the Suez Canal. Consequently, buyers in these regions are hesitant to engage in new spot transactions for May-June until they receive clearer signals about market trends. Additionally, continuously high freight costs have led to a decrease in the margin between buying and selling prices in some eastern markets.
In the Qatar market, the...
