Overview
The global sulphur market has gone through fundamental changes in buying patterns, trade routes and pricing over the past few years. Fixed price contracts and formula-based indexation have become the dominant ways in which supplies are bought and sold around the world, which makes accurate price assessments and detailed analysis key to any sulphur market participants.
The global sulphuric acid industry has seen structural change in recent years and new capacities will continue to challenge the balance in the years to come. While demand will be driven by fertilizers — predominantly the increased production of phosphate and ammonium sulphates — the market will continue to be exposed to short-term supply shocks, especially from the metals sector.
Rising demand for battery materials such as nickel and cobalt (due to growing electric vehicle production) will in turn bolster demand for sulphur and sulphuric acid, increase competition for supply and impact pricing.
Our extensive market coverage includes formed sulphur (both granular and prilled), crushed lump sulphur, molten/liquid sulphur and sulphuric acid. Argus has decades of experience covering these markets, and incorporate our multi-commodity market expertise in key areas including phosphates and metals to provide the full market narrative.
Argus support market participants with:
- Price assessments (daily and weekly for sulphur, weekly for sulphuric acid), proprietary data and market commentary assessments
- Short and medium to long-term forecasting, modelling and analysis of sulphur and sulphuric acid prices, supply, demand, trade and projects
- Bespoke consulting project support
Latest sulphur and sulphuric acid news
Browse the latest market moving news on the global sulphur and sulphuric acid industry.
India's Fact awards sulphuric acid tender to Hindalco
India's Fact awards sulphuric acid tender to Hindalco
New Delhi, 8 October (Argus) — Indian fertilizer importer and producer Fact has awarded its 24 September tender for 10,000-14,000t of sulphuric acid to west coast-based smelter Hindalco at 34,100 rupees/t delivered Kochi, equivalent to around $355/t cfr at the time of the offer. The tender sought a cargo for arrival on 1-10 November and offers were received from domestic suppliers Hindalco and Kutch Copper . Fact's 17 August purchase tender was awarded to Kutch Copper at Rs34,385/t delivered, equivalent to around $370/t cfr at the time of the offer. By Nikhil Gill Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Kuwait's KPC cuts Oct sulphur price by $45/t
Kuwait's KPC cuts Oct sulphur price by $45/t
London, 5 October (Argus) — Kuwait's state-owned sulphur producer KPC has set the October Kuwait Sulphur Price (KSP) at $820/t fob Kuwait, down by $45/t from $865/t fob in September. Freight rates were last assessed at $150-160/t for a 30,000-35,000t shipment to Chinese ports on 1 October from Middle East ports inside the strait of Hormuz. Freight costs are persistently high as a result of the volatile security situation. This implies a delivered cost of $970-980/t cfr China. Delivered granular sulphur prices have fallen by 8pc, from $1,050/t cfr China on midpoint basis on 6 August to $965/t by 1 October, reflecting growing global demand destruction from unworkably high raw material prices for fertilizer producers and chemical industry sulphur buyers. Lower prices from suppliers are expected to lead to some return of spot demand from consumers, once the downstream economics become workable for the majority of sulphur consumers. By Maria Mosquera Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Abu Dhabi's Adnoc cuts Oct sulphur price by $70/t
Abu Dhabi's Adnoc cuts Oct sulphur price by $70/t
London, 2 October (Argus) — Abu Dhabi's state-owned Adnoc has lowered its October sulphur official selling price (OSP) for the Indian subcontinent to $890/t fob Ruwais, down from its $960/t fob September OSP. Adnoc's October OSP implies a delivered price of $1,035-1,040/t cfr India, with the freight cost for a 40,000-45,000t shipment to the east coast of India last assessed at $145-150/t on 1 October. By Maria Mosquera Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Turkish Tupras awards October domestic sulphur tender
Turkish Tupras awards October domestic sulphur tender
London, 1 October (Argus) — Prices in Turkish refiner Tupras' October domestic sulphur tender were stable overall, with the midpoint down by just $1/t month on month. Sharply higher Izmit awards offset weaker Kirikkale prices, and all awards cleared well above floor levels, indicating robust demand. Tupras awarded its October e-tender in full across 29-30 September at $818-918/t fca for various lot sizes. Its previous tender, awarded on 28 August, was at $856-882/t fca. October awards were as follows: From Izmit — 100-2,250/t lots at $912-918/t fca, against September prices of $856-867/t fca. A floor price of $675/t fca was set for Izmit lots. From Izmir — 100-750t lots at $863-872/t fca, against September prices of $866-875/t fca. A floor price of $710/t fca was set for Izmir lots. From Kirikkale — 100-800t lots at $818-836/t fca, against September prices of $872-884/t fca. A floor price of $710/t fca was set for Kirikkale lots. By Fenella Rhodes Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

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