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Although demand was still bearish in Q3 of 2020, but it remained way above the groundbreaking lows witnessed in the previous quarter. As confirmed by traders, Sulphur prices of remained in the range between 90-92 USD per tonne CFR China.<br>
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Sulphur Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Market Overview Quarterly Update on Global Sulphur Market Asia The Asian Sulphur market showcased mixed sentiments amidst sufficient supply and revival in the downstream demand by the end of September. China’s stocks climbed to 3 million tonnes, adhering a much higher increment as compared to its usual stock level that hovers between 1-1.5 million tonnes. Get more info : https://www.chemanalyst.com/Pricing-data/sulphur-39
Sulphur Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Pent-up downstream demand from detergents and fungicides prompted recovery in the consumption of Sulphur in India and China. Although demand was still bearish in Q3 of 2020, but it remained way above the groundbreaking lows witnessed in the previous quarter. As confirmed by traders, Sulphur prices of remained in the range between 90-92 USD per tonne CFR China. North America Majority of the operations in the U.S. Sulphur market were halted towards the end of August under the fear of Hurricane Laura in the US Gulf Coast. Logistics were adversely disrupted laying a direct impact on the supplies of Sulphur across the US. Suncor Sulphur announced a planned maintenance turnaround in mid-September that further exacerbated the supply crisis in the last few weeks of September. Although burners were operated at efficient rates in tandem with strong demand pattern as a major fertilizer producer was heard announcing a massive surge in its Sulphur intakes. However, limited production restricted the export revenues of the US Sulphur market. Europe Extended turnarounds in refineries as a repercussion of Covid-19 restricted the supply of Sulphur across the European market. The supply also got affected under the stress of shifting to a low Sulphur fuel on various government initiatives released in concern with the increasing environmental distress. Although demand remained stable in Q3, low offtakes from the downstream capro sector delayed the revival in its overall demand fundamentals. With the economy paving its way back, the demand for Sulphur from various downstream segments is anticipated to revive prominently by the next quarter.
Sulphur Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ How we can help ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally. Methodology ChemAnalyst gathers information through primary research surveys conducted with various Sulphur manufacturers, spread across the domestic and international market, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of company’s annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market. Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global Sulphur market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility. Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behavior of consumers across the globe.
Sulphur Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence Global Sulphur market. Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on daily, weekly, monthly and yearly basis. Finally, region-specific markets for Sulphur are analyzed and region-wise demand pattern is tracked. About Sulphur is a non-metallic chemical compound which occurs as a crystalline, bright yellow solid in its elemental form. Presently, a significant percentage of elemental Sulphur is produced as a by-product of crude oil in refineries. Crude Sulphur is mainly manufactured by Frasch process or retrieved from petroleum or natural gas. Sulphur processed by this route has around 99.5 percent purity level and is thus beneficial for various industrial applications. Sulphur is primarily utilized to produce Sulphuric Acid which is mainly used as a bulk chemical in industrial processes. Elemental Sulphur is produced in abundant quantity across the globe. Countries that are largely indulged in the processing of sour gas and crude oil like Canada, Former Soviet Union and United States register maximum production of Sulphur in the international market. Sulphur is regarded as one of the essential plant nutrients next to phosphates and nitrogen, hence, it is widely utilized as a key ingredient in fertilizers.