Texas, USA: The prices of Sulphur witnessed a bearish trend due to the weak agrochemical sector. The sluggish demand from the downstream Agrochemical sector and accumulated existing inventory levels resulted in a low rate of consumption which led the market players to lower their ex-quotations, however, the buyers were cautious about their purchasing activities to avoid further losses.
In the US market, the price of Sulphur maintained its consistency with the previous week at USD xxx/MT (CFR-Texas) on xxst January xxxx. Despite the incline in the prices of its upstream Crude Oil market, the prices of Sulphur remained stable due to the moderate demand from the downstream Agrochemical sectors for which the existing inventories were adequate. Considering the market situation, the trade inflows from the Canadian market were slowed down. Furthermore, in mid-January, North America and the US Gulf Coast experienced a severe cold snap, causing...
