Sulfur price October 2024 and outlook (see chart below)

  • North America:US$0.14/KG, unchanged
  • Europe:US$0.17/KG, 6.3% up
  • Northeast Asia:US$0.2/KG, unchanged
  • Middle East:US$0.14/KG, unchanged
  • India:US$0.15/KG, 7.1% up
The chart below summarizes Sulfur price trend per region, as well as the outlook. It takes a moment to load.

Business Analytiq assumes no responsibility or liability for any errors or omissions in the content of this site. The information contained in this site is provided on an “as is” basis with no guarantees of completeness, accuracy, usefulness, fitness for purpose or timeliness.

Sulfur price index

This post is a summary of the Sulfur price developments. The price developments of Sulfur are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Sulfur price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.

The outlook for Sulfur prices, on the second tab, is generated from different inputs including:

  • Very recent price developments of immediate cost drivers of Sulfur prices
  • Recent price developments of underlying feedstocks which drive the price of Sulfur
  • Market futures for both cost drives and feedstocks of Sulfur prices
  • Adjustment of current supply/demand imbalances in the Sulfur market
  • Longer term trends in likely demand conditions

Further information on the Sulfur price index

Here is some further information

 

What is Sulfur

Sulfur, also known as sulphur, is a chemical element with the symbol S and atomic number 16. It is a nonmetal that is abundant in the earth’s crust, and it is often found in the form of sulfide minerals. Sulfur is a yellow, brittle solid that has a strong, unpleasant odor. It is a poor conductor of electricity and heat, and it has a melting point of about 115 degrees Celsius. Sulfur is highly reactive and can combine with many other elements to form compounds, such as sulfur dioxide, which is a common air pollutant, and sulfuric acid, which is a strong acid used in the production of fertilizers, detergents, and other industrial products. Sulfur is an essential element for life and is used by plants and animals in a number of important metabolic processes.

 

How is sulfur produced

There are several methods for producing sulfur, and the most common method depends on the availability of raw materials and the specific needs of the end user. Some of the main methods for producing sulfur include:

Frasch process

The Frasch process is a method for extracting sulfur from underground deposits of sulfur-bearing minerals. In this process, superheated water is injected into the ground to melt the sulfur, which is then pumped to the surface.

Burning of fossil fuels

Sulfur is produced as a byproduct of the burning of fossil fuels, such as coal and oil. When these fuels are burned, they release sulfur dioxide, which can be captured and converted into elemental sulfur.

Hydrogen sulfide production

Elemental sulfur can be produced from hydrogen sulfide by reacting it with oxygen or air. This reaction produces sulfur dioxide, which can be further treated to produce elemental sulfur.

Sulfur recovery from industrial processes

Sulfur is also produced as a byproduct of various industrial processes, such as refining petroleum and processing natural gas. This sulfur can be recovered and used in the production of various chemicals and other products.

 

What is sulfur used for

Sulfur has a number of important uses in various industries. Some of the main uses of sulfur include:

Chemical production

Sulfur is used to produce a wide range of chemicals, including sulfuric acid, which is used in the production of fertilizers, detergents, and other industrial products.

Medicine

Sulfur is used in the production of some medications, such as sulfa drugs, which are used to treat infections.

Rubber production

Sulfur is used in the production of rubber, as it helps to improve the elasticity and strength of the finished product.

Pesticides

Sulfur is used as a natural pesticide to control a variety of insects, including mites, thrips, and aphids.

Water treatment

Sulfur is used in water treatment to remove impurities and improve the quality of drinking water.

Food production

Sulfur is used in the production of some food products, such as wine, beer, and some types of cheese.

Cosmetics

Sulfur is used in some cosmetics, such as facial creams, to help improve the appearance of the skin.

Other uses

Sulfur is also used in the production of batteries, fertilizers, and explosives, and it is used as a drying agent in the production of certain paints and coatings.

 

Further reading

 

Sulfur market information

The global sulfur market is a large and diverse industry that plays a vital role in many sectors of the global economy. According to data from the International Fertilizer Association, global sulfur production in 2019 was approximately 64 million metric tons. The main end-use sectors for sulfur are fertilizers, chemicals, and refining, with the majority of sulfur being used in the production of sulfuric acid, which is an important intermediate chemical used in a wide range of industries.

The global demand for sulfur has grown steadily in recent years, driven by increasing demand for fertilizers and other sulfur-based products in developing countries. The demand for sulfur is expected to continue growing in the coming years, driven by factors such as population growth, urbanization, and the increasing use of sulfur in new applications, such as the production of batteries and other high-tech products. The global sulfur market is highly competitive, with a number of large producers and a diverse range of end-use applications.

According to https://oec.world/ :

Sulphur of all kinds except sublimed, precipitated and colloidal are the world’s 1172nd most traded product.

In 2020, the top exporters of Sulphur of all kinds except sublimed, precipitated and colloidal were United Arab Emirates ($407M), Russia ($237M), Qatar ($230M), Kazakhstan ($197M), and Canada ($189M).

In 2020, the top importers of Sulphur of all kinds except sublimed, precipitated and colloidal were Morocco ($401M), China ($394M), Democratic Republic of the Congo ($201M), Brazil ($155M), and United States ($145M).

NEED A QUICK DOWNLOAD?

 

ACCESS TO OUR FULL DATABASE IS US$399/YEAR, WITH A 30-DAY $30 TRIAL

GET THAT DOWNLOAD IN 3 MINUTES!

BusinessAnalytiq provides a database of hundreds of market & price trend data, as well as online tools to set up benchmarks and leading indicators.

businessanalytiq

Where does the data come from?

  • The source of the data are exclusively public non-confidential sources. We have no access to primary data
  • This the index trend of the price trend of the "product category" in general, and not a single specification of the product in particular
  • The data is a combination of contract and spot pricing
  • Our algorithms are set up to eliminate significant product mix impact on the reported price
  • We combine public publications, import/export records, trading prices, company announcements, magazine articles, tweets, and other sources of ad-hoc public information.
  • The chart shows the our best approximation of the market trend based on our algorithm interpretation of the signals
  • For most indexes we have multiple sources and we focus on using statistically-correlated sources
  • As a function of our automation, it is likely that recent trends will be adjusted as we discover more information. So, for example, the price trend for February 2024 will be first calculated in February 2024 and adjusted in March, April and May 2024.
  • We will update the data trend as more information becomes available, and this means that recent trends will always be adjusted as we get more data available
  • The algorithm will regularly revise our understanding of market trends, and indicated market trends may change
  • The data is presented in US$. The UOM of measure is shown in the Index list table
  • Our automated software and we do our best to create an accurate representation of the trend

 

Where does the data NOT come from?

  • We do not purchase data from any other source and republish it.
  • We will not purchase data from any other source and republish it
  • We do not extrapolate trends, even for the forecast. We look for other market signals and leading indicators

 

What data should our company use?

  • If you are making decisions driving significant share of profit, we always recommend that you buy data from the companies who invest in direct primary market access such as ICIS, amongst many others
  • Our data, at best, represents an estimate of the market trend based on public information
  • We have no direct access to the market, and we do not interview suppliers and customers
  • Our automated analysis tools in the online software are set up to combine our data with other sources of data
  • We do not recommend that you use our data for direct price mechanisms, as we may change and improve the data trends over time, including historical data

 

What does the quality indication in the main menu mean?

  • Quality level A: Data is from a reliable and confirmed source
  • Quality level B: Data is from multiple credible sources and there are no major statistical inconsistencies between them
  • Quality level C: Data is from multiple credible sources and there are some statistical inconsistencies between them
  • Quality level D: Data is from a single credible source, but we cannot verify the data
  • Quality level E: Data is either:
    • From a single source, which we consider reliable, but we cannot verify the data.
    • From 2 or more sources which have some periods of contradicting trends.
  • Quality level F: Data is from a single source which we consider indicatively correct, but the data is anecdotal and we cannot verify the data.

 

What are the disclaimers?

  • We assume no responsibility or liability for any errors or omissions in the content of this site.
  • The information is provided on an “as is” basis with no guarantee of completeness, accuracy, usefulness, fitness for purpose or timeliness.
  • By their nature, outlooks are always uncertain

 

How often do we update the data?

  • We aim to update the data series on the 9th and 24th of each month (but we do not always make it for each chart)
  • The data for the current month and recent history are fine-tuned over time.

 

What are we doing to improve the data?

  • We are continually improving our data collection and processing methods
  • Pricing data will be updated from time to time as we improve the accuracy
  • We are reviewing all data sources in the first half of 2024.
    • There will be continuous fine-tuning of the trend and forecast algorithm as part of that.
    • The key focus in 2024 is to add many additional indexes

 

How can i give feedback on the data or request for new indexes

  • Feel free to contact us if you have a specific request. You can reach us via the Contact us page