Sulphur Pricing Assessment

sulphur Markets Covered: 

qaQatar
aeUnited Arab Emirates
saSaudi Arabia
caCanada
usUnited States
cnChina
brBrazil
inIndia

sulphur Markets Covered: 

Global sulphur Price Trend, Analysis and Forecast​

Q1 2025 

In Q1 2025, Sulphur granular prices showed a consistent upward movement across key global regions, including Qatar, the UAE, Saudi Arabia, Canada, the United States, Brazil, China, and India. In Qatar, prices at FOB Ras Laffan climbed from USD 167 per metric ton in January to USD  220 in February 2025, eventually reaching USD 239 by March 2025. The cost hike was mainly driven by strong demand from fertilizer makers and a variety of industrial users. Similar price jumps were seen in the UAE and Saudi Arabia. In North America, prices shot up due to limited supply and rising energy costs. At the same time, import prices in India and China remained firm as purchasers were aggressively replenishing their inventories. As of the end of March, the price of Sulphur granular at FOB Ras Laffan hit USD 239 per metric ton.  

Q4 2024 

In the fourth quarter of 2024, the price of Sulphur granular prices observed strong volatility in major markets around the globe. Canada, for instance, Sulphur prices there shot up from USD 110 per metric ton in October to USD 155 per metric ton by December 2024. This upward trend was fuelled by a growing appetite for Sulphur in the fertilizer and chemical industries, particularly in North America, China, India, Brazil, and the Middle East. Several other regions, including Qatar, the UAE, Saudi Arabia, the USA, Brazil, and China, also saw prices head north during these months. The consistent price hike in Canada was further propped up by some supply hiccups and the increasing price of raw materials. By the time December rolled around, the price tag for Sulphur granules in Vancouver had reached USD 155 per metric ton. 

Q3 2024 

During the period from July to September 2024, there was a consistent rise in the price of Sulphur granules across major global markets. In the UAE, specifically at the FOB Jebel Ali port, Sulphur prices climbed from USD  85 per metric ton in July to reach USD 123 per metric ton by September. The surge upwards came about thanks to strong demand from the fertilizer and chemical industries in places like India, China, Brazil, the US, and a bunch of Middle Eastern countries. We saw a really big jump in August, caused by supply chains getting squeezed and the prices of raw materials going up and up. Similar upward trends were observed in other crucial regions including Qatar, Saudi Arabia, Canada, and the USA. As of the end of September, the price of Sulphur granules at FOB Jebel Ali, UAE, was evaluated at USD  123 per metric ton. 

Q2 2024 

During the second quarter of 2024, we saw some ups and downs in Sulphur granular prices across the globe. In April, the prices at FOB Dammam, Saudi Arabia, were sitting at USD  89 per metric ton, thanks to a steady demand from the fertilizer and chemical sectors in countries like India, China, Brazil, and the USA. This price hike was also driven by some supply issues and refinery activities in the Middle East. However, come May, prices took a dip to USD  84 per metric ton as market demand started to wane and global supply improved. By June, they eased even further to USD 80 per metric ton. While feedstock availability remained stable, the uncertainty in the market did have an effect on export volumes. By the end of June, Sulphur granular prices were back to USD  80 per metric ton at FOB Dammam, Saudi Arabia. 

Q1 2024 

During Q1 2024, Sulphur grain prices rose continuously worldwide. Starting from USD  67/MT FOB Ras Laffan, Qatar in January, prices increased in February, reaching USD  77/MT due to increasing demand from fertilizer, chemical and metal industries in the whole of India, China, Brazil and the United States. Limited supply and stable refinery operations in the Middle East tightened the availability by supporting the price hike. By March, prices climbed up to USD 84/MT as downstream consumption in major markets strengthened. Feedstock remained stable from natural gas, but export volumes were limited, further auxiliary prices. Up to March-end, prices were USD 84/MT FOB Ras Laffan, Qatar. 

India sulphur Price Trend, Analysis and Forecast

Q1 2025 

In the first quarter of 2025, Sulphur granular prices saw a strong and steady upswing in major global supply corridors to Paradip, India. Take the UAE, for instance: Sulphur prices rose from approximately USD 191 per metric ton in January to USD 267 per metric ton by March. The recent surge in the Sulphur granular market was driven by a significant rise in demand from the fertilizer and chemical sectors, particularly in countries like India, China, and Brazil. Tight supply conditions and the rising cost of upstream Sulphur added to the market pressure, further strengthening the positive outlook. Similar trends were observed in other regions, such as Qatar and Saudi Arabia, where prices by the end of March were also fluctuating around USD 284 per metric ton. Strong purchasing activity in the region, coupled with limited export availability from Middle Eastern suppliers, resulted in a decidedly optimistic close to Q1 2025 for Sulphur granular. 

Q4 2024 

In the fourth quarter of 2024, Sulphur granular prices experienced a notable surge in key markets, including India. Take Paradip, India, with shipments from Qatar as an example: prices jumped from around USD 147 per metric ton in October to USD 188 per metric ton by December. This sharp rise was fueled by increasing demand in the fertilizer and chemical industries in India, China, Brazil, and the Middle East. Parallel to Qatar, prices for Sulphur granules being shipped from UAE and Saudi Arabia to Paradip also shot up during these months, indicating a wider regional scenario. Supply dwindling, mounting raw material expenditure, and logistic constraints were all factors contributing to the price increments. The price for Sulphur granules at Paradip, having attained its zenith for the year, was enough to reinforce the strong fundamentals of the market by December. 

Q3 2024 

Sulphur granular prices on a CFR Paradip basis shot up in Q3 2024. Short supply from the Middle East and steady buying from Indian fertiliser makers pushed prices to USD 107.83/MT in July. Strong buying before the Rabi season drove up demand causing prices to jump to USD 139.52/MT in August. Limited supply from Gulf nations and a shortage of available vessels also helped drive up prices. This upward trend continued, with prices climbing to USD 147.47/MT in September. The big jump in price during the quarter was due to several factors: fertilizer makers restocking their supplies high demand for phosphate fertilizers, and pricier global shipping. As Q3 ended, prices reached their peak for the year hinting at a stable supply. 

Q2 2024 

For Sulphur Granular, prices depict a declining trend in Q2 2024 on a CFR Paradip basis. In the month of April, it was USD  106/MT being pressured mildly by fresh procurement activities in India regarding fertilizers and steady shipments from the UAE. However, by May the prices have fallen to USD  102/MT, highlighting a lessening of demand pressures and improving availability of cargoes from Middle East suppliers. This softening was still to be seen in June as the market moved down to USD  96/MT as the country’s stocks were higher, offtake lower than DAP and the export supply system was running without significant disruption. pricesCurvesByEndofQ2 – The Sulfur Granular prices by the end of Q2 reached at USD  96/MT CFR Paradip, UAE A consistent bearish correction by the end of the same quarter. 

Q1 2024 

In the first quarter of 2024, Sulphur Granular prices on a CFR Paradip (Qatar) basis saw a consistent rise. Starting at USD  90 per metric ton in January, the prices were fueled by moderate demand from the Indian fertilizer and chemical sectors. Prices had reached USD  95 per metric ton by February as demand surged, with phosphate fertilizer producers that were running on low inventories accounting for the strongest demand. Prices rose to USD 103 per metric ton in March, supported by strong downstream demand, limited availability of material from Middle Eastern sources and a steady feedstock environment. Qatar Sulphur Granular prices remained unchanged throughout March at USD  103 per metric ton CFR Paradip. 

sulphur Parameters Covered: 

  • Oil & Gas Refineries
  • Natural Gas Processing
  • Mining Operations
  • Saudi Arabia
  • UAE
  • Canada
  • Kazakhstan
  • Russia
  • Iran
  • Qatar
  • Sulphuric Acid Production
  • Fertilizers (Phosphate-based)
  • Rubber Vulcanization
  • Metal Ore Processing (Copper, Zinc, etc.)
  • Detergents & Cleaning Agents
  • Paper & Pulp Industry
  • Explosives Manufacturing
  • India
  • China
  • Brazil
  • Indonesia
  • South Africa
  • Vietnam
  • Turkey

sulphur Parameters Covered: 

  • Oil & Gas Refineries
  • Natural Gas Processing
  • Mining Operations
  • Saudi Arabia
  • UAE
  • Canada
  • Kazakhstan
  • Russia
  • Iran
  • Qatar
  • Sulphuric Acid Production
  • Fertilizers (Phosphate-based)
  • Rubber Vulcanization
  • Metal Ore Processing (Copper, Zinc, etc.)
  • Detergents & Cleaning Agents
  • Paper & Pulp Industry
  • Explosives Manufacturing
  • India
  • China
  • Brazil
  • Indonesia
  • South Africa
  • Vietnam
  • Turkey

Specifications

Molecular Weight[g/mol]

Approximately 256.48 g/mol (for S₈)

CAS No

7704-34-9

HS Code

2503

Molecular Formula

S₈ (most common allotrope)
sulphur

Sulphur is a non-metallic, yellow crystalline solid that is odourless in its pure form but often emits a strong smell when burned, producing Sulphur dioxide (SO₂). It is an essential industrial element widely used across multiple sectors. The majority of Sulphur is utilized in the production of Sulphuric acid, which serves as a crucial ingredient in fertilizer manufacturing—particularly phosphate fertilizers. Beyond fertilizers, Sulphur plays a significant role in petroleum refining, rubber vulcanization, paper bleaching, and chemical processing. It is typically extracted as a by-product from oil and gas refining or mined from natural Sulphur deposits. Its unique chemical properties—such as its reactivity and ability to form strong bonds with metals and non-metals—make it indispensable to modern industry, including sectors like agriculture, mining, and pharmaceuticals.

Packaging Type

Bulk

Grades Covered

Granular 

Incoterms Used

FOB Qatar, FOB UAE, FOB Saudi Arabia, FOB Canada, FOB USA, CFR Brazil, CFR China, CFR India.

Synonym

Brimstone, Sulphur (British spelling), Sulfur (American spelling), Flower of Sulphur, Roll Sulphur, Sulphur Powder.

PriceWatch Quotation Terms:

>1000 MT

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Parameter  Value 
Purity, wt %  Min 99.80 
Color  Bright Yellow 
Appearance  Yellow granular powder 
Inorganic Ash, wt %  Max 0.05 
Carbon, wt %  Max 0.05 
Acidity as H₂SO₄, wt %  Max 0.003 
Moisture  Max 0.1 
Size (Powder)  Up to 200 Mesh 
Melting point  115.21°C 
Boiling point  444.6°C 
Specific gravity  ~2.07 at 20°C 

Applications

Granular Sulphur is a key industrial raw material used across various sectors due to its unique chemical properties and high purity. It plays a critical role in the production of Sulphuric acid, which in turn is essential for manufacturing phosphate-based fertilizers such as superphosphate and ammonium sulfate. Additionally, it is used directly in the vulcanization of rubber, detergent manufacturing, petroleum refining, and pulp & paper bleaching processes. The metal and mining industries also use Sulphur in ore leaching and refining. Granular Sulphur’s applications extend to the production of carbon disulfide, insecticides, fungicides, and even explosives. Its versatility makes it vital in agriculture, chemical synthesis, and industrial manufacturing. 

Historically, several events have caused significant fluctuations in Sulphur prices

India’s Policy Shift Toward Virgin Sulphur (Late 2024–2025): 

In a move to improve quality control and reduce dependency on recycled or industrial by-product Sulphur, India introduced a new regulation in late 2024 mandating a higher proportion of virgin Sulphur usage in key industries like fertilizers and chemicals. This sudden shift reduced the usable supply in the domestic market and forced both producers and traders to pivot toward costlier virgin material. By early 2025, Sulphur prices in major Indian ports began rising steadily, with compliance-linked penalties further tightening the market. The policy marked a turning point in India’s Sulphur procurement strategy and had a noticeable impact on regional trade dynamics. 

Environmental Reforms in China (2022–2023): 

China’s aggressive enforcement of environmental regulations during 2022 and 2023 resulted in the closure of several Sulphur-consuming and processing units that did not meet the new standards. Since China is both a major importer and consumer of Sulphur, these reforms disrupted domestic operations and led to a rise in regional demand for imported material. As a result, Sulphur prices climbed in nearby markets such as India, South Korea, and Southeast Asia due to reduced availability and tighter trade balances. 

India’s Policy Shift Toward Virgin Sulphur (Late 2024–2025): 

In a move to improve quality control and reduce dependency on recycled or industrial by-product Sulphur, India introduced a new regulation in late 2024 mandating a higher proportion of virgin Sulphur usage in key industries like fertilizers and chemicals. This sudden shift reduced the usable supply in the domestic market and forced both producers and traders to pivot toward costlier virgin material. By early 2025, Sulphur prices in major Indian ports began rising steadily, with compliance-linked penalties further tightening the market. The policy marked a turning point in India’s Sulphur procurement strategy and had a noticeable impact on regional trade dynamics. 

 

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What You’ll Access

  • Capacity Utilization: Understand how close plants are to peak output.
  • Feedstock Flows: Monitor raw material consumption to spot trends and inefficiencies.
  • Technology Benchmarks: See what processes and tools each plant uses.
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Why It Matters
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Why PriceWatch?

PriceWatch is your trusted resource for tracking global sulphur price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the sulphur market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.

In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence sulphur prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely sulphur market data.

Track PriceWatch's sulphur price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Data Collection and Sources​

  • Real-Time Market Data: PriceWatch aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions. 
  • On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major Sulphur production hubs. This ground-level intelligence is crucial for understanding localized market dynamics. 
  • Supply Chain Monitoring: We track the entire Sulphur supply chain, from raw material availability to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics.

Event Tracking and Impact Analysis​

  • Geopolitical Tensions: PriceWatch continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact Sulphur prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing. 
  • Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or winter storms, on Sulphur production facilities, particularly in vulnerable regions like the APAC coasts. These events are factored into our price forecasts and supply outlooks. 
  • Economic Shifts: PriceWatch evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., fertilizer, chemical synthesis, to predict shifts in Sulphur demand and corresponding price movements. 

Production Capacity and Supply Analysis

  • Current Production Monitoring: We maintain a comprehensive database of global Sulphur production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately. 
  • Future Capacity Projections: Our research includes detailed forecasts of upcoming Sulphur production capacities, factoring in new plant constructions, expansions, and technological advance Sulphur. This helps in predicting future supply trends and potential price stabilization. 

Demand Forecasting

  • Sectoral Demand Analysis: PriceWatch provides an in-depth analysis of demand trends across key sectors, including Sulphuric acid production, fertilizer, chemical synthesis, and other end-uses. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments. 
  • Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global Sulphur pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations. 

Pricing Model Development

  • Dynamic Pricing Models: PriceWatch utilizes advanced econometric models to forecast Sulphur prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power. 
  • Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most-likely scenarios, helping our clients prepare for a range of market outcomes. 

Reporting and Client Support

  • Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations. 
  • Ongoing Support: PriceWatch offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice. 

This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable Sulphur pricing assessments, helping our clients stay ahead of market trends and make informed business decisions. 

Molecular Weight[g/mol]

Approximately 256.48 g/mol (for S₈)

CAS No

7704-34-9

HS Code

2503

Molecular Formula

S₈ (most common allotrope)
sulphur

Sulphur is a non-metallic, yellow crystalline solid that is odourless in its pure form but often emits a strong smell when burned, producing Sulphur dioxide (SO₂). It is an essential industrial element widely used across multiple sectors. The majority of Sulphur is utilized in the production of Sulphuric acid, which serves as a crucial ingredient in fertilizer manufacturing—particularly phosphate fertilizers. Beyond fertilizers, Sulphur plays a significant role in petroleum refining, rubber vulcanization, paper bleaching, and chemical processing. It is typically extracted as a by-product from oil and gas refining or mined from natural Sulphur deposits. Its unique chemical properties—such as its reactivity and ability to form strong bonds with metals and non-metals—make it indispensable to modern industry, including sectors like agriculture, mining, and pharmaceuticals.

Packaging Type

Bulk

Grades Covered

Granular 

Incoterms Used

FOB Qatar, FOB UAE, FOB Saudi Arabia, FOB Canada, FOB USA, CFR Brazil, CFR China, CFR India.

Synonym

Brimstone, Sulphur (British spelling), Sulfur (American spelling), Flower of Sulphur, Roll Sulphur, Sulphur Powder.

PriceWatch Quotation Terms:

>1000 MT

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Parameter  Value 
Purity, wt %  Min 99.80 
Color  Bright Yellow 
Appearance  Yellow granular powder 
Inorganic Ash, wt %  Max 0.05 
Carbon, wt %  Max 0.05 
Acidity as H₂SO₄, wt %  Max 0.003 
Moisture  Max 0.1 
Size (Powder)  Up to 200 Mesh 
Melting point  115.21°C 
Boiling point  444.6°C 
Specific gravity  ~2.07 at 20°C 

Applications

Granular Sulphur is a key industrial raw material used across various sectors due to its unique chemical properties and high purity. It plays a critical role in the production of Sulphuric acid, which in turn is essential for manufacturing phosphate-based fertilizers such as superphosphate and ammonium sulfate. Additionally, it is used directly in the vulcanization of rubber, detergent manufacturing, petroleum refining, and pulp & paper bleaching processes. The metal and mining industries also use Sulphur in ore leaching and refining. Granular Sulphur’s applications extend to the production of carbon disulfide, insecticides, fungicides, and even explosives. Its versatility makes it vital in agriculture, chemical synthesis, and industrial manufacturing. 

Sulphur price provided by PriceWatch is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for sulphur. PriceWatch disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

Granular Sulphur prices are influenced by raw material costs, primarily linked to oil and gas refining activities, where Sulphur is recovered as a by-product. Global demand from fertilizer, chemical, and metal processing industries plays a critical role, along with freight costs, regional supply availability, refinery shutdowns, and environmental policies. Currency fluctuations and international trade dynamics can also impact pricing.

Begin by tracking regional and global Sulphur market trends to understand price movements. Commit to bulk orders or long-term procurement agreements to secure discounted rates. Establish diversified sourcing from multiple regions to avoid overdependence on a single supplier. Strong vendor relationships, consistent order volumes, and timely payments can help unlock favorable terms. Transparent communication about logistics or quality requirements can also support negotiation.

Risks include market price volatility, disruptions due to refinery shutdowns or transport delays, and changes in environmental or trade regulations. To mitigate, maintain supplier diversity, consider fixed-price contracts, and keep an emergency buffer stock. Vet suppliers for product quality, safety compliance, and timely delivery. Monitoring policy developments and geopolitical conditions can also help avoid unexpected procurement issues.