Texas, USA: The global Sulphur market is exhibiting a mixed pattern due to an imbalance between supply and demand. In Europe, Sulphur prices are trending downward despite stability in the upstream crude oil market. Conversely, the Asia-Pacific and North American regions are maintaining stable price trends.
During the week ending May xx, the Sulphur market in the US has maintained a stable price trend at USD xxx/MT (CFR-Texas). Inventory levels are sufficient to meet the demand from downstream agrochemical sectors, due to a stable supply chain. However, companies are concerned about potential disruptions from a Canadian rail strike and ongoing contract negotiations with dockworkers in the eastern and southern U.S. These disruptions could jeopardize cargo arrivals at East Coast ports upto September xx. The Canada Industrial Relations Board has intervened in the railway labour dispute, citing the Canada Labour Code, which mandates that unions and employees must...
