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.
Sulphur vessel transits strait of Hormuz
Sulphur vessel transits strait of Hormuz
London, 16 April (Argus) — The first granular sulphur vessel has moved through the strait of Hormuz in recent weeks. The MV Valsamitis transported 34,000t of granular sulphur, which is understood to have been loaded at the UAE's Ruwais port. The vessel appeared on Wednesday in the Fujairah area, and is currently bunkering there. Market sources indicate Dar es Salaam as the intended destination, with the port typically receiving volumes for copper producers in central Africa. This is the first sulphur vessel to take this route for several weeks, with two earlier vessels moving through the strait in the first week of the closure for Indonesia and Morocco, but no further movements attempted since. There are now approximately 14 vessels in the Mideast Gulf loaded with about 600,000t of sulphur visible on AIS and awaiting safe transit. The real number could be higher, with some in the market placing it at 25, with some vessels opting to switch off AIS tracking for safety reasons while in anchorage. Iranian vessels are often not easy to track, and there are reports of one Iranian 20,000-25,000t crushed lump shipment moving through and being delivered to east Africa, and a further 50,000t shipment from Assaluyeh being on the water and en route towards China. These reports could not be verified. By Maria Mosquera Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Turkey bans sulphur exports
Turkey bans sulphur exports
London, 9 April (Argus) — Turkey has announced a sulphur export ban from 7 April, excluding shipments already cleared by customs. The export of goods under customs tariff position 2503, namely "all kinds of sulphur (excluding sublimed sulphur, precipitated sulphur and colloidal sulphur)", shall not be permitted as of 7 April (inclusive), except for customs declarations registered prior to this date, according to a letter from Turkey's agriculture ministry dated 1 April. The export restriction was approved by government on 6 April and will apply during the second and third quarters of 2026, with limited exemptions. The letter says the export ban is due to a 35–40pc surge in sulphur prices alongside supply shortages, driven by the conflict in the Middle East. Turkish refiner Tupras regularly announces a monthly 8,000t export tender for the Mediterranean market, which is now understood to be on hold. Turkey exported about 226,500t of sulphur in 2025, according to Global Trade Tracker, with the majority of volumes going to Egypt, Tanzania — for the copper belt — Greece and Lebanon. By Fenella Rhodes Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Kuwait's Mina al-Ahmadi refinery hit again by drones
Kuwait's Mina al-Ahmadi refinery hit again by drones
Dubai, 3 April (Argus) — Kuwait's 346,000 b/d Mina al Ahmadi refinery came under another drone attack early on Friday, causing fires in several operational units, state-owned Kuwait Petroleum (KPC) said. It was the third strike on the refinery in just over two weeks. KPC did not specify the extent of the damage or whether refinery operations were affected, but said it was working to maintain operational continuity. No injuries were reported. The refinery was previously hit in the early hours of 19 March, and again early on 20 March, which saw KPC shut a number of affected units as a precaution . Another Kuwaiti refinery, the 454,000 b/d Mina Abdullah plant, was also struck early on 19 March, adding to concerns over the vulnerability of the country's refining system. Kuwait has a third refinery, the 615,000 b/d al-Zour facility, further south, close to the Neutral Zone which Kuwait shares with Saudi Arabia. This latest attack follows weeks of repeated Iranian missile and drone attacks in Kuwait, and elsewhere in the Mideast Gulf region, in response to US and Israeli strikes on Iran. Kuwait's authorities have reported damage to airport and port infrastructure in recent weeks. Its air defenses have intercepted more than 500 drones and 300 ballistic missiles since the US-Israel war with Iran began on 28 February. US president Donald Trump said on Wednesday that military strikes on Iran would continue, dashing hopes for an imminent end to the conflict. By Rithika Krishna Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Zambia announces sulphuric acid export controls
Zambia announces sulphuric acid export controls
London, 1 April (Argus) — Zambia has introduced sulphuric acid export controls to protect domestic industries. The commerce, trade and industry ministry introduced a permit system on 27 March to manage sulphuric acid exports after prices in neighboring Democratic Republic of Congo surged. The ministry says the permits will address "a critical market imbalance" in sulphuric acid availability and protect Zambian downstream industries that use the acid as an input. Sulphur and sulphuric acid prices in the region have risen sharply since the effective closure of the strait of Hormuz, with DRC buyers paying the highest prices. Prices for acid were indicated at around $330/t ex-works in Zambia this week, but at least $550/t ex-works in the DRC. Mining companies are scrambling to secure sulphuric acid to remain operational, pushing up prices. Zambia enforced a ban on sulphuric acid exports at the start of September 2025 for several weeks, with certain companies transporting sulphuric acid from South Africa through Zambia to supply the DRC, incurring significant transport costs. Given the near-doubling of diesel prices and signs of shortages this trade is now likely to be even more challenging. The permit system may also be an attempt to keep trucks in Zambia, where they will use fuel for domestic deliveries, market participants said. 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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