For the Quarter Ending June 2026
Liquid Sulphur Dioxide Prices in APAC
- In India, the Liquid Sulphur Dioxide Price Index rose by 130.16% quarter-over-quarter, driven by feedstock shortages.
- The average Liquid Sulphur Dioxide price for the quarter was approximately USD 928.73/MT, per industry assessments.
- Tight supply and elevated freight lifted Liquid Sulphur Dioxide Spot Price, pressuring converter margins and offers.
- Near-term Liquid Sulphur Dioxide Price Forecast remains firm as monsoon delays restrict imports and domestic availability.
- Rising granular sulphur costs pushed Liquid Sulphur Dioxide Production Cost Trend sharply higher, compressing producer margins.
- Liquid Sulphur Dioxide Demand Outlook stayed robust as sodium metabisulphite and paper producers maintained aggressive restocking.
- Distributor inventories remained lean supporting Liquid Sulphur Dioxide Price Index strength despite steady domestic plant utilisation.
- Export restrictions and port ISO-tank shortages elevated logistic premiums, sustaining tight supply and higher offers.
Why did the price of Liquid Sulphur Dioxide change in June 2026 in APAC?
- Feedstock inflation from higher granular sulphur CFR prices squeezed margins, directly increasing landed production costs.
- Monsoon-related discharge delays and limited ISO-tank capacity at western ports constrained import flows, tightening supply.
- Downstream procurement by sodium metabisulphite and paper sectors prevented stock builds, maintaining upward price momentum.
Liquid Sulphur Dioxide Prices in North America
- In the USA, the Liquid Sulphur Dioxide Price Index remained largely stable quarter-over-quarter, reflecting balanced supply and downstream demand.
- Liquid Sulphur Dioxide Spot Price remained steady as adequate domestic production offset moderate industrial consumption.
- Liquid Sulphur Dioxide Price Forecast indicates a balanced near-term outlook supported by sufficient inventories and stable operating rates.
- Liquid Sulphur Dioxide Production Cost Trend remained stable as sulphur feedstock and utility costs showed limited volatility.
- Liquid Sulphur Dioxide Demand Outlook remained consistent with steady consumption from water treatment, chemicals, pulp and paper, and food processing sectors.
- Domestic inventories remained comfortable, preventing supply tightness and supporting a stable Liquid Sulphur Dioxide Price Index.
- Reliable logistics and uninterrupted production maintained regular product availability across major consuming regions.
- Stable procurement patterns from downstream industries prevented significant fluctuations in the Liquid Sulphur Dioxide Price Index.
Why did the price of Liquid Sulphur Dioxide change in June 2026 in North America?
- Adequate domestic production and comfortable inventories maintained balanced market conditions throughout June.
- Stable sulphur feedstock and energy costs limited production cost fluctuations and supported steady supplier offers.
- Consistent downstream demand from water treatment, chemicals, and pulp industries maintained stable procurement activity.
Liquid Sulphur Dioxide Prices in Europe
- In Germany, the Liquid Sulphur Dioxide Price Index remained stable quarter-over-quarter, supported by balanced regional supply.
- Liquid Sulphur Dioxide Spot Price remained unchanged as comfortable inventories offset moderate downstream demand.
- Liquid Sulphur Dioxide Price Forecast suggests a stable near-term trend with adequate supply and cautious purchasing.
- Liquid Sulphur Dioxide Production Cost Trend remained largely unchanged amid stable sulphur and utility costs.
- Liquid Sulphur Dioxide Demand Outlook remained steady, supported by regular consumption from chemical processing, water treatment, pulp and paper, and food preservation sectors.
- Sufficient regional production and imports ensured uninterrupted product availability across European markets.
- Buyers continued purchasing based on immediate operational requirements, preventing excessive inventory accumulation.
- Stable logistics and balanced market fundamentals supported a steady Liquid Sulphur Dioxide Price Index throughout the quarter.
Why did the price of Liquid Sulphur Dioxide change in June 2026 in Europe?
- Stable sulphur feedstock availability maintained consistent production costs and supplier pricing.
- Balanced regional supply and comfortable inventories prevented any significant supply-driven price movement.
- Steady downstream demand from chemical, paper, and water treatment industries supported stable market conditions.
For the Quarter Ending March 2026
Liquid Sulphur Dioxide Prices in APAC
- In India, the Liquid Sulphur Dioxide Price Index rose by 18.93% quarter-over-quarter, driven by feedstock inflation.
- The average Liquid Sulphur Dioxide price for the quarter was approximately USD 403.51/MT, reflecting import-parity pressures.
- Liquid Sulphur Dioxide Spot Price strengthened as granular sulphur shortages and higher freight raised conversion costs.
- Liquid Sulphur Dioxide Production Cost Trend shows increases driven by imported sulphur, insurance, bunker fuel expenses.
- Liquid Sulphur Dioxide Demand Outlook remains firm from sodium metabisulphite, paper bleaching, and agrochemical sector growth.
- Liquid Sulphur Dioxide Price Forecast anticipates near-term upward bias before seasonal normalisation eases extreme cost pressures.
- Inventory draws and limited merchant availability supported the Sulphur Dioxide Price Index tightening spot liquidity.
- Domestic plants ran steady while modest export enquiries failed to offset tighter feedstock-driven price support.
Why did the price of Liquid Sulphur Dioxide change in March 2026 in APAC?
- Severe West Asia feedstock shortages raised import-parity price and materially increased landed sulphur costs significantly.
- Elevated freight and insurance premiums from route disruptions amplified landed costs and pressured mill margins.
- Sustained downstream demand from metabisulphite, paper bleaching, and agrochemical sectors maintained robust offtake despite higher prices.
Liquid Sulphur Dioxide Prices in Europe
- In Germany, the Liquid Sulphur Dioxide Price Index rose quarter-over-quarter, driven by tighter sulphur feedstock availability.
- Liquid Sulphur Dioxide Spot Price strengthened as constrained sulphur supplies and elevated conversion costs reduced merchant availability.
- Liquid Sulphur Dioxide Production Cost Trend increased due to higher sulphur prices, energy tariffs, and logistics-related cost inflation.
- Liquid Sulphur Dioxide Demand Outlook remained firm, supported by pulp & paper bleaching, chemical processing, and water treatment applications.
- Liquid Sulphur Dioxide Price Forecast indicates continued firmness in the near term due to tight upstream sulphur markets and energy volatility.
- Inventory drawdowns across European chemical hubs supported tightening liquidity and firmer spot pricing conditions.
- Production units operated steadily, but limited import flows restricted the ability to offset rising feedstock costs.
Why did the price of Liquid Sulphur Dioxide change in March 2026 in Europe?
- Tight global sulphur supply increased import parity costs, raising production expenses for sulphur dioxide producers.
- Higher energy and freight costs across Europe increased conversion and delivered pricing pressure.
- Steady demand from pulp, paper, and chemical sectors maintained strong offtake despite rising prices.
Liquid Sulphur Dioxide Prices in North America
- In the USA, the Liquid Sulphur Dioxide Price Index rose quarter-over-quarter, reflecting firmer sulphur feedstock costs.
- Liquid Sulphur Dioxide Spot Price strengthened as reduced sulphur availability tightened production economics across merchant suppliers.
- Liquid Sulphur Dioxide Production Cost Trend increased due to higher sulphur benchmarks and rising natural gas and utility costs.
- Liquid Sulphur Dioxide Demand Outlook remained stable, supported by pulp & paper processing and industrial chemical applications.
- Liquid Sulphur Dioxide Price Forecast suggests sustained firmness, driven by tight upstream sulphur supply and steady downstream demand.
- Inventory reductions at key industrial hubs supported firmer spot pricing and reduced short-term market liquidity.
- Plant operations remained stable, but cost pass-through remained strong due to elevated input pricing conditions.
Why did the price of Liquid Sulphur Dioxide change in March 2026 in North America?
- Rising sulphur feedstock costs increased production expenses and pushed sulphur dioxide prices higher.
- Higher energy and utility costs raised conversion costs across industrial production facilities.
- Stable demand from pulp, paper, and chemical sectors supported consistent offtake and reduced inventory pressure.
For the Quarter Ending December 2025
Liquid Sulphur Dioxide Prices in North America
- In the USA, the Liquid Sulphur Dioxide Price Index rose quarter-over-quarter, reflecting feedstock and logistics tightness.
- Liquid Sulphur Dioxide Spot Price strengthened as elemental sulphur supply remained constrained and freight surcharges tightened delivery options.
- Liquid Sulphur Dioxide Production Cost Trend increased with higher sulphur and energy costs impacting merchant conversion economics.
- Liquid Sulphur Dioxide Demand Outlook remains firm with strong procurement from pulp, fertilizer, and chemical intermediates supporting volumes.
- Liquid Sulphur Dioxide Price Forecast points to near-term upside pressure due to constrained supply and elevated logistics costs.
- Distributor inventories tightened, particularly in the Midwest and Gulf Coast, sustaining spot availability pressures and limiting downward adjustment.
- Plant maintenance at key US producers further reduced merchant volumes, supporting elevated domestic price levels and competitive offers.
Why did the price of Liquid Sulphur Dioxide change in December 2025 in North America?
- Limited elemental sulphur supply and higher conversion costs pushed domestic Liquid Sulphur Dioxide pricing upward.
- Freight constraints and elevated transport surcharges reduced prompt availability, prompting forward buying and stronger spot offers.
- Distributor inventories were tight while end-user procurement remained active, sustaining competition and upward pressure on pricing.
Liquid Sulphur Dioxide Prices in APAC
- In India, the Liquid Sulphur Dioxide Price Index rose by 17.48% quarter-over-quarter, driven by feedstock and logistics pressures.
- The average Liquid Sulphur Dioxide price for the quarter was approximately USD 339.28/MT as reported by domestic exchanges.
- Liquid Sulphur Dioxide Spot Price firmed as ISO-tank shortages and freight surcharges tightened delivered availability across western-India hubs.
- Liquid Sulphur Dioxide Production Cost Trend reflected surging elemental sulphur feedstock offers, widening conversion margins for merchant sellers.
- Liquid Sulphur Dioxide Demand Outlook remains constructive with fertilizer, sodium metabisulphite and pulp sectors sustaining firm procurement.
- Liquid Sulphur Dioxide Price Forecast indicates near-term upside risk before seasonal normalization reduces upward momentum incrementally.
- Inventory cover tightened with western-India distributors holding barely two weeks, pressuring spot availability and export responsiveness.
- Major producer maintenance and constrained captive sulphur recovery removed merchant volumes, amplifying competition and sustaining elevated domestic Price Index.
Why did the price of Liquid Sulphur Dioxide change in December 2025 in APAC?
- Surging elemental sulphur feedstock prices increased conversion costs, directly lifting merchant Liquid Sulphur Dioxide pricing.
- Higher freight and ISO-tank logistics premiums raised delivered costs into Ahmedabad, prompting aggressive forward buying.
- Tight import allocations and declining port inventories forced competitive purchases, sustaining December price increases immediately.
Liquid Sulphur Dioxide Prices in Europe
- In Germany, the Liquid Sulphur Dioxide Price Index rose quarter-over-quarter, reflecting tight feedstock availability and logistic pressures.
- Liquid Sulphur Dioxide Spot Price firmed as limited sulphur feedstock and elevated freight costs constrained immediate supply.
- Liquid Sulphur Dioxide Production Cost Trend increased, driven by higher elemental sulphur and energy prices across major production hubs.
- Liquid Sulphur Dioxide Demand Outlook remained supportive with continued procurement from fertilizers, pulp, and chemical processing sectors.
- Liquid Sulphur Dioxide Price Forecast indicates short-term upside, with further marginal increases possible before seasonal normalization.
- Distributors operated with low inventories, especially in northern European hubs, maintaining pressure on spot and contract prices.
- Maintenance at some European plants and reduced merchant allocations amplified competition for available volumes, sustaining firm pricing.
Why did the price of Liquid Sulphur Dioxide change in December 2025 in Europe?
- Tight elemental sulphur feedstock and higher conversion costs supported higher Liquid Sulphur Dioxide offers.
- Freight premiums and ISO-tank availability constraints limited delivered volumes, keeping spot prices elevated.
- Steady procurement from downstream industries alongside low distributor inventories maintained competition and reinforced upward pricing pressure.
For the Quarter Ending September 2025
North America
- The Price Index for Liquid Sulphur dioxide in North America increased during Q3 2025.
- This modest rise was driven by steady industrial activity and moderate restocking in the chemical and food sectors.
- The Production Cost Trend remained stable throughout Q3, supported by consistent sulphur feedstock availability and manageable energy costs.
- The Demand Outlook for Q4 2025 is cautiously optimistic. Demand from food preservation, chemical manufacturing, and pulp and paper is expected to remain steady.
- However, environmental regulations and seasonal slowdowns in industrial activity may temper growth.
- The Price Forecast for Q4 suggests a stable-to-slightly-increasing trend, contingent on feedstock pricing and downstream demand.
- Market participants anticipate continued price stability unless impacted by regulatory changes or energy cost volatility.
Why did the price of Liquid Sulphur dioxide change in September 2025 in North America?
- In September 2025, Liquid Sulphur dioxide prices increased slightly due to stable demand outlook from food processing and pulp industries, combined with unchanged production cost trend.
- While demand remained moderate, limited supply-side fluctuations supported a mild upward movement in Spot Prices.
APAC
- In India, the Liquid Sulphur dioxide Price Index rose by 12.48% quarter-over-quarter and reflecting stable inventories.
- The average Liquid Sulphur dioxide price for the quarter was approximately USD 288.81/MT, reported by sources
- Limited spot activity kept Liquid Sulphur dioxide Spot Price firm despite slight feedstock sulphur price declines.
- Market consensus forecasts kept the Liquid Sulphur dioxide Price Forecast cautiously positive ahead of seasonal restocking.
- Liquid Sulphur dioxide Production Cost Trend edged lower as feedstock sulphur eased modestly, marginally supporting margins.
- Liquid Sulphur dioxide Demand Outlook remains subdued with agrochemical buyers delaying purchases until Q4 planting catalysts.
- Thin liquidity and covered import positions kept the Liquid Sulphur dioxide Price Index broadly stable recently.
- Upcoming PPL sulphur burner startup is expected to ease imports and influence Liquid Sulphur dioxide availability.
Why did the price of Liquid Sulphur dioxide change in September 2025 in APAC?
- Balanced supply and sufficient inventories limited spot buying, restraining upward pressure on September pricing significantly.
- Feedstock sulphur eased, lowering production cost pressure but not immediately translating into lower commodity prices.
- Importers largely covered requirements and postponed purchases, while buyers adopted a wait-and-watch procurement stance short-term.
Europe
- The Price Index for Liquid Sulphur dioxide in Europe remained largely unchanged during Q3 2025.
- Prices were supported by consistent supply and moderate industrial activity, though demand from key downstream sectors remained tepid.
- Prices varied slightly based on regional logistics and concentration levels.
- The Production Cost Trend remained stable throughout Q3, supported by normalized sulfur feedstock availability and manageable energy costs. European producers operated steadily, with no major supply disruptions reported.
- The Demand Outlook for Q4 2025 is cautiously optimistic. While demand from chemical processing and food preservation may remain steady, sectors like pulp and paper and metal refining are expected to show only marginal recovery. Environmental regulations may also influence usage patterns.
- The Price Forecast for Q4 suggests a flat-to-slightly-declining trend, contingent on feedstock pricing and downstream demand recovery.
- Market participants anticipate stable pricing unless disrupted by regulatory shifts or energy cost spikes.
Why did the price of Liquid Sulphur dioxide change in September 2025 in Europe?
- In September 2025, Liquid Sulphur dioxide prices decreased slightly, primarily due to weak demand outlook from the chemical and paper industries.
- Despite stable production levels, buyers adopted cautious procurement strategies, leading to subdued Spot Price movement.
