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Sulphur jumps to $615-630/t fca Dar es Salaam

  • Mercados: Fertilizers
  • 03/03/26

Argus assessed spot sulphur prices at the key hub of Dar es Salaam, Tanzania at $615-630/t fca on 3 March — an increase of just $20/t since 27 February as stocks in the port are ample.

Four ships carrying a combined 181,000t of sulphur — enough to make roughly 540,000t of sulphuric acid — discharged at the port in February, and sulphur warehouses in Dar es Salaam are at 60-70pc capacity.

Sulphur prices in Africa are likely to rise sharply, as elsewhere in the world, owing to the near-stoppage of shipping out of the Middle East Gulf and shutdown of major refineries in the region, as a result of the escalating US-Iran conflict. Global seaborne sulphur supply could fall by as much as 50pc.

Nearly all sulphur imported by southern African buyers last year came from the Middle East and it will be hard to replace these lost supplies.

Costs to deliver sulphur by truck from Dar es Salaam to the key mining hub of Kolwezi in the Democratic Republic of Congo are at about $280/t this week, implying delivered sulphur prices of around $900/t dap Kolwezi. This suggests a sulphuric acid price of nearly $300/t, at typical conversion ratios of 3:1 for sulphur to sulphuric acid.

Additional sulphur cargoes are on their way to Dar es Salaam, having already transited the strait of Hormuz. But trading firms could decide to divert these shipments to other regions as Middle Eastern supply tightens.

Several sulphur cargo bulkers are currently in the strait, with destinations not yet clear. These include:

  • African Lorikeet, loaded on 27 February in Ruwais with around 61,000t of sulphur.
  • Nejat, loaded on 3 March in Ras Laffan with around 18,000t of sulphur.
  • Rui Fu Bang, loaded on 25 February in Shuaiba with around 33,900t of sulphur.

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