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Home / Sulphur / Market notes

How the sulphur market works.

Where sulphur comes from, who uses it, and what moves the price — a short briefing for buyers.

Supply

A by-product, not a mined commodity.

Almost all traded sulphur is recovered when refineries and gas plants remove it from oil and gas. Supply therefore follows refinery and gas output, not sulphur demand. The Middle East and Central Asia are the largest exporting regions; Canada and Russia are other major sources.

Because producers cannot simply turn output down, prices can move sharply when demand changes or when shipping routes are disrupted.

Demand

Where it goes

Most sulphur is burned to make sulphuric acid.

Fertiliser

Phosphate fertilisers

The largest single use, through sulphuric acid for phosphoric acid.

Metals

Leaching

Acid for nickel, copper and uranium processing.

Chemicals

Industrial chemicals

Acid, CS₂, detergents and pulp.

Agriculture

Sulphur fertilisers

Elemental and sulphate fertilisers for sulphur-deficient soils.

Pricing

What sets the price

Benchmarks

Published monthly prices

Major producers announce monthly prices; spot is reported by price agencies.

Freight

Route and vessel size

Freight can be a large share of the delivered price.

Demand

Fertiliser season

Phosphate demand and plant run-rates in China, India and Morocco.

Risk

Routes & restrictions

Shipping disruptions and export restrictions shift supply quickly.

We quote live prices in each written offer; this page does not publish prices because they change week to week.

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