Sulphur Price Trend and Forecast

Sulphur Price Trend 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.  

Sulphur Price Trend Q2 2025

Sulphur experienced mixed sentiment through Q2 2025. April and May saw a consistent upward trend across key exporting hubs like Saudi Arabia, the UAE, Qatar, Canada, and the U.S. West Coast. This was primarily driven by increased demand from phosphate fertilizer manufacturers in South Asia and North Africa, where planting activities ramped up during the quarter. Additionally, steady inquiries from China added support to FOB prices.

However, the market softened in June as downstream buying slowed due to filled inventories and delays in shipments. Weather-related logistical constraints and lower-than-expected seasonal demand in India and Brazil further reduced spot interest. As procurement paused and availability improved, exporters across all regions were prompted to lower offers, reversing the earlier uptrend. According to PriceWatch, Sulphur prices assessed at USD 255 per Metric ton FOB Dammam. 

Sulphur Price Trend Q3 2025

In Q3 2025, the global Sulphur market exhibited a generally soft to stable trend, influenced by balanced supply and cautious downstream demand from fertilizer and industrial sectors. Middle Eastern exporters saw modest price easing amid steady production and ample availability, while buyers in Asia and East Africa limited purchases due to sufficient inventories.

North American markets reflected restrained domestic and export demand, with North America maintaining stable supply flows. South America and East Asia recorded slight declines as importers sourced selectively amid high domestic stock levels.

In South Asia, Sulphur prices across granular, molten, lump, and pellet grades edged lower, shaped by careful procurement and abundant global supply. Overall, the market remained well-balanced, with measured trading activity and limited price volatility throughout the quarter.

Qatar: Sulphur Granular Exported price in Qatar, Grade: Granular.

In Q3 2025, Granular Sulphur export prices from Qatar have softened amid easing demand from fertilizer and chemical sectors. Sulphur price in Qatar has reflected this softening trend, with FOB Ras Laffan prices ranging between USD 250–310 per metric ton, marking a quarterly decline of –2.71%.

In September 2025, Sulphur prices in Qatar have risen by 13.21%, compared to the previous month. Exporters have noted ample supply availability and stable production rates, while buyers in South Asia and Southeast Asia have adopted cautious procurement in response to ample global inventories.

Freight and logistics conditions have remained favorable, supporting regular shipment schedules. Overall, market sentiment has been subdued with modest downward price adjustments reflecting balanced supply–demand dynamics. Sulphur price trend in Qatar indicates a softening trajectory.

United Arab Emirates: Sulphur Granular Exported price in the UAE, Grade: Granular.

In Q3 2025, Granular Sulphur export prices from the UAE have dipped slightly as downstream fertilizer and industrial users have managed inventories conservatively. Sulphur price in the UAE has reflected these dynamics, with FOB Jebel Ali values trading between USD 250–320 per metric ton, down by –2.54% quarter on quarter.

In September 2025, Sulphur prices in the UAE have risen by 13.16%, compared to the previous month. Steady production at local refining facilities has ensured consistent export availability, while moderate buying interest from East African and South Asian markets has limited price upside.

Market participants have observed measured procurement strategies amid stable freight conditions and ample global supply. Sulphur price trend in the UAE has been modestly downward.

Saudi Arabia: Sulphur Granular Exported price in Saudi Arabia, Grade: Granular.

In Q3 2025, Saudi Granular Sulphur FOB Dammam prices have eased by –3.17% to a range of USD 250–320 per metric ton. Sulphur price in Saudi Arabia has softened as downstream fertilizer producers in India and Southeast Asia curtailed purchases amid sufficient onshore inventories and competitive import offers. In September 2025, Sulphur prices in Saudi Arabia have risen by 14.02%, compared to the previous month.

Steady output at major refineries has maintained export volumes, and favorable shipping conditions has supported cargo movements. Overall, market sentiment has been cautious as buyers have monitored global supply levels and delayed restocking decisions. Sulphur price trend in Saudi Arabia has shown a mild decline.

Canada: Sulphur Granular Exported price in Canada, Grade: Granular.

In Q3 2025, Granular Sulphur FOB Vancouver prices have fallen by –2.00% to USD 250–300 per metric ton, pressured by tepid demand from Western Hemisphere fertilizer and industrial sectors. Sulphur price in Canada has been modestly lower as exporters have reported steady availability from gas processing plants, but buyers have exercised restraint amid abundant global inventories.

In September 2025, Sulphur prices in Canada have risen by 11.11%, compared to the previous month. Freight costs have remained stable, allowing uninterrupted shipments to Latin American and Asian destinations. Market activity has been subdued, reflecting balanced supply–demand conditions and cautious procurement approaches. Sulphur price trend in Canada has been slightly downward.

United States: Sulphur Granular Exported price in the USA, Grade: Granular.

In Q3 2025, Granular Sulphur FOB West Coast prices have dipped by –1.06% to a range of USD 250–300 per metric ton. Sulphur price in the USA has been stable, as demand from domestic fertilizer manufacturers has been moderate, while export inquiries from Latin America and Asia have remained steady but selective. In September 2025, Sulphur prices in the USA have risen by 10.81%, compared to the previous month.

Production from Gulf Coast and Rockies sources has ensured ample volumes. Buyers have managed stocks conservatively amid stable freight dynamics. Overall, price movements have been modest, reflecting well-balanced supply and demand. Sulphur price trend in the USA has shown slight softness.

Brazil: Sulphur Granular Imported price in Brazil from the USA, Grade: Granular.

In Q3 2025, Brazil’s Granular Sulphur CFR Santos prices from the USA have moved slightly lower by –0.43%, trading at USD 260–330 per metric ton. Sulphur price in Brazil has reflected these developments, as downstream fertilizer and chemical segments have maintained balanced consumption, drawing on both domestic output and imports.

In September 2025, Sulphur prices in Brazil have risen by 13.00%, compared to the previous month. Stable freight rates have supported regular arrivals. Buyers have adopted a selective purchasing stance, mindful of adequate domestic and international inventories. Market sentiment has been neutral, with minimal price volatility across the quarter. Sulphur price trend in Brazil has been nearly flat.

China: Sulphur Granular Imported price in China from the UAE, Grade: Granular.

In Q3 2025, China’s Granular Sulphur CFR Qingdao prices from the UAE have declined by –2.85% to USD 270–340 per metric ton. Sulphur price in China has softened as demand from fertilizer blending and industrial users has remained cautious amid high domestic stock levels.

In September 2025, Sulphur prices in China have risen by 13.38%, compared to the previous month. Importers have leveraged competitive offers and favorable shipping terms to secure volumes. Market activity has been restrained, with minor price concessions reflecting ample supply and measured downstream procurement strategies. Sulphur price trend in China has shown a downward movement.

India: Sulphur Granular Imported and Domestically Traded price in India, Grades: Granular, Molten, Lump, Pellet.

According to Price-Watch, in Q3 2025, India’s Sulphur market has exhibited mixed trends across grades and origins. Sulphur price in India has been mixed across regions and grades, with Granular Sulphur CFR Paradip prices edging lower by –0.19% to –1.13% (USD 270–340 per metric ton) for cargoes from Qatar, UAE, and Saudi Arabia, as downstream fertilizer makers have managed working stocks amid ample global supply. In September 2025, Sulphur prices in India have risen by 11.86%, compared to the previous month.

Domestic Ex-West India Molten and Lump prices have eased by –1.99% (USD 330–350), while Ex-East India grades have dropped sharply –7.10% (USD 280–340). Ex-North and Ex-South India Lump and Pellet prices have fallen by –6.61% (USD 310–360) and –2.31% to –2.41% (USD 290–320), respectively, as regional buyers have tempered procurement. Overall, balanced supply and cautious end-user buying have kept price adjustments modest to moderate. Sulphur price trend in India has varied by origin and grade.

Sulphur Price Trend Q4 2025

During Q4 2025, Sulphur prices across global markets have exhibited an exceptionally sharp bullish trend, with quarterly increases exceeding 50% recorded across all major FOB export origins including Qatar, UAE, Saudi Arabia, Canada, and the US West Coast. Middle Eastern origins led by Saudi Arabia FOB Dammam have posted the steepest quarterly appreciation, while North American origins in Vancouver and the US West Coast have recorded closely comparable gains.

CFR import markets including India’s Paradip port and China’s Qingdao have also recorded sharp quarterly appreciation tracking FOB origin movements. Indian domestic markets across all regions and grades have recorded more moderate but still substantial quarterly gains ranging from approximately 35% to 45%, with South India Pellet posting the highest domestic appreciation.

December 2025 has brought a further sharp acceleration across all monitored markets, with FOB Middle Eastern origins and Indian CFR Paradip grades surging approximately 69–70%, reinforcing the intensely bullish Sulphur price trend observed throughout the quarter.

Qatar: Sulphur Export Prices FOB Ras Laffan, Qatar, Granular

According to Price-Watch™ , in Q4 2025, Sulphur price in Qatar has recorded a sharp increase of approximately 53.22%, driven by tightening global sulphur supply conditions, firm downstream demand from fertilizer and chemical manufacturing sectors, and elevated crude oil and natural gas processing activity which has influenced sulphur byproduct availability dynamics during the quarter.

The Sulphur price trend in Qatar has reflected a strongly bullish export market environment as international buyers have competed for available granular sulphur volumes amid tightening global availability. Sulphur prices in Qatar have remained firmly elevated throughout the quarter as producers have maintained disciplined export pricing in response to sustained international procurement demand.

In December 2025, Sulphur price in Qatar has surged further by around 69.69%, as acute global supply tightness and intensifying downstream fertilizer sector demand drove a sharp acceleration in FOB Ras Laffan granular sulphur export pricing during the month.

UAE: Sulphur Export Prices FOB Jebel Ali, UAE, Granular

In Q4 2025, Sulphur price in the UAE has recorded a sharp increase of approximately 53.03%, reflecting firmly bullish global sulphur market conditions driven by tightening supply availability and robust downstream demand from fertilizer, sulphuric acid, and chemical manufacturing sectors during the quarter.

The Sulphur price trend in the UAE has reflected a strongly supportive export pricing environment as international buyers have actively competed for granular sulphur volumes from Middle Eastern producing origins amid constrained global availability. Sulphur prices in the UAE have remained firmly elevated as export-oriented producers have adjusted FOB Jebel Ali pricing to reflect the tightening global supply-demand balance throughout the period.

In December 2025, Sulphur price in the UAE has surged further by around 69.46%, as intensifying global supply tightness and firm fertilizer sector demand drove a sharp price acceleration in FOB Jebel Ali granular sulphur export pricing during the month.

Saudi Arabia: Sulphur Export Prices FOB Dammam, Saudi Arabia, Granular

In Q4 2025, Sulphur price in Saudi Arabia has recorded the steepest quarterly appreciation among all monitored FOB Middle Eastern markets at approximately 54.19%, driven by firm global sulphur demand from fertilizer and chemical sectors alongside tightening international supply availability which has supported Saudi Arabian producers in maintaining elevated FOB export pricing throughout the quarter.

The Sulphur price trend in Saudi Arabia has reflected a bullish export market environment where consistent international procurement from Asian and European buyers has sustained strong upward price momentum. Sulphur prices in Saudi Arabia have remained firmly elevated as disciplined export pricing has characterized the FOB Dammam market throughout the period.

In December 2025, Sulphur price in Saudi Arabia has surged further by around 69.93%, recording the highest monthly appreciation among all monitored Middle Eastern FOB markets, as acute global supply tightness and intensifying fertilizer sector demand drove a sharp acceleration in FOB Dammam granular sulphur pricing during the month.

Canada: Sulphur Export Prices FOB Vancouver, Canada, Granular

In Q4 2025, Sulphur price in Canada has recorded a sharp increase of approximately 50.82%, driven by firm global sulphur demand from fertilizer and chemical manufacturing sectors alongside tightening international supply conditions which have supported elevated FOB Vancouver export pricing throughout the quarter.

The Sulphur price trend in Canada has reflected a strongly bullish export market environment where consistent Asian and Latin American buyer procurement has sustained robust upward price momentum despite adequate Canadian domestic production capacity.

Sulphur prices in Canada have remained firmly elevated as export-oriented producers have maintained disciplined pricing in response to firm international demand and tightening global availability. In December 2025, Sulphur price in Canada has surged further by around 69.08%, as acute global sulphur supply tightness and intensifying downstream fertilizer sector demand drove a sharp acceleration in FOB Vancouver granular sulphur export pricing during the month.

USA: Sulphur Export Prices FOB US West Coast, USA, Granular

In Q4 2025, Sulphur price in the USA has recorded a sharp increase of approximately 51.26%, driven by firm global sulphur demand from fertilizer and sulphuric acid manufacturing sectors alongside tightening international supply conditions that have supported elevated FOB US West Coast export pricing throughout the quarter.

The Sulphur price trend in the USA has reflected a bullish export market environment where consistent Asian buyer procurement has sustained strong upward price momentum, with domestic refinery-derived sulphur availability supporting steady but tightly priced export flows. Sulphur prices in the USA have remained firmly elevated as export-oriented producers and traders have adjusted FOB West Coast pricing to reflect tightening global supply-demand conditions.

In December 2025, Sulphur price in the USA has surged further by around 69.81%, as intensifying global sulphur supply tightness and firm downstream fertilizer demand drove a sharp acceleration in FOB US West Coast granular sulphur pricing during the month.

Brazil: Sulphur Imported Prices CFR Port of Santos from USA, Brazil, Granular

In Q4 2025, Sulphur price in Brazil has recorded a sharp increase of approximately 50.90%, reflecting the near-full passthrough of sharply rising US FOB prices into the Brazilian import market under CFR Port of Santos terms, as firm global sulphur demand from fertilizer and chemical sectors has elevated origin-side pricing and transmitted forcefully into Brazilian import valuations.

The Sulphur price trend in Brazil has been shaped by the direct transmission of US export pricing into CFR Santos import valuations, with downstream demand from sulphuric acid and fertilizer manufacturing sectors sustaining active procurement despite significantly elevated import costs throughout the quarter. Sulphur prices in Brazil have remained firmly elevated as import-dependent market dynamics have left buyers with limited ability to mitigate the full extent of origin-side cost pressures.

In December 2025, Sulphur price in Brazil has surged further by around 65.02%, as continued US FOB price escalation and tightening global sulphur availability drove a sharp acceleration in Brazilian CFR Santos import pricing during the month.

China: Sulphur Imported Prices CFR Qingdao from UAE, China, Granular

In Q4 2025, Sulphur price in China has recorded a sharp increase of approximately 50.35%, reflecting the passthrough of sharply rising UAE FOB prices into the Chinese import market under CFR Qingdao terms, as firm downstream demand from sulphuric acid, fertilizer, and chemical manufacturing sectors has sustained active import procurement despite significantly elevated origin-side pricing throughout the quarter.

The Sulphur price trend in China has been shaped by the direct transmission of UAE export pricing into CFR Qingdao import valuations, with China’s position as the world’s largest sulphur importer sustaining consistent procurement activity amid tightening global supply conditions. Sulphur prices in China have remained firmly elevated throughout the quarter as import-dependent downstream sectors have absorbed higher procurement costs.

In December 2025, Sulphur price in China has surged further by around 65.06%, as continued UAE FOB price escalation and tightening global sulphur supply drove a sharp acceleration in Chinese CFR Qingdao import pricing during the month.

India: Sulphur Imported Prices CFR Paradip from Qatar, India, Granular

In Q4 2025, Sulphur price in India on a Qatar-origin CFR Paradip basis has recorded a sharp increase of approximately 51.90%, reflecting the passthrough of sharply rising Qatari FOB prices into the Indian import market as firm downstream demand from fertilizer, sulphuric acid, and chemical manufacturing sectors has sustained active procurement despite significantly elevated origin-side pricing throughout the quarter.

The Sulphur price trend in India at the Qatar-origin CFR Paradip level has been shaped by the direct transmission of Qatari export pricing into Indian import valuations, with consistent procurement from sulphuric acid and phosphatic fertilizer manufacturers sustaining upward price momentum. Sulphur prices in India on a Qatar-origin basis have remained firmly elevated throughout the period.

In December 2025, Sulphur price in India on a Qatar-origin CFR Paradip basis has surged further by around 68.80%, as acute global supply tightness and intensifying fertilizer sector demand drove a sharp acceleration in Indian import pricing during the month.