Texas, USA: The Sulphur market during this week is experiencing an bearish price trend due to the slower agrochemical sector resulting in the lackluster demand for fertilizers and adequate inventory levels. However, the prices of its upstream Crude Oil market are inclining as compared to the previous week. Furthermore, due to the lower demand from the downstream agrochemical sectors, the market players are becoming cautious and trying to sell their commodities with marginal profits, however, after unsuccessful attempts significant producer of Sulphur had to lower their Ex-quotations with supply exceeding the demand.
In the USA market, the price of Sulphur is maintaining its stability with the previous week at USD xxx/MT (CFR-Texas) with the week ending on xxth January xxxx. The stability in the price trend represents the supply and demand equilibrium. This market situation made the buyers hesitant about bulk procurement, instead, they are...
