Crude Futures Firm on Spot Demand
Crude oil futures firmed amid firm spot demand, with both major global benchmarks edging higher in trade. Increased positioning by market participants reflected continued underlying demand support.
Sulphur Price Trend Analysis 2026: Latest News, Historical Prices, Supply Demand Analysis, Market Insights & Price Drivers
Written ByShriya Singh
Sulphur Latest Development
Hormuz Disruption Tightens Global Oil Supply
Strait of Hormuz closure continues to constrain global oil supply, with observed output remaining significantly below year-ago levels. IEA revised its demand forecast downward as inventories fell to multi-decade lows, reinforcing upward price pressure and market volatility.
Sulphur Price Trend Q2 2026
| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Sulphur | China | FOB | USD 1,330.41/MT | June 2026 |
| Sulphur | India | CIF | USD 1,050.00/MT | June 2026 |
| Sulphur | USA | FOB | USD 1,147.50/MT | June 2026 |
| Sulphur | Germany | FOB | USD 850.00/MT | June 2026 |
| Sulphur | Canada | FOB | USD 1,150.00/MT | June 2026 |
| Sulphur | China | FOB | USD 1,061.37/MT | May 2026 |
| Sulphur | India | CIF | USD 1,128.71/MT | May 2026 |
| Sulphur | USA | FOB | USD 1,247.90/MT | May 2026 |
| Sulphur | Germany | CIF | USD 1,341.35/MT | May 2026 |
| Sulphur | Canada | CIF | USD 1,460.54/MT | May 2026 |
Stay updated with the latest Sulphur prices, historical data, and tailored regional analysis
- Global sulphur prices strengthened in Q2’26 as refinery maintenance, reduced export availability and steady fertilizer demand tightened supply conditions.
- Feedstock availability was influenced by refinery operations and sour-gas processing, with recovered sulphur supply affected by production disruptions.
- Downstream demand remained supported by phosphate fertilizer production, with India’s fertilizer stocks reaching 196.08 lakh tonnes by June 22, supporting agricultural demand.
Asia
In Q2'26, Sulphur prices in China were ~USD 924.95/MT in April and ~USD 1,330.00/MT in June. The market was supported by tighter supply expectations, import requirements and demand from sulphuric acid and phosphate fertilizer producers. Refinery maintenance reduced recovered sulphur availability during parts of Q2, while fertilizer production remained an important demand driver. However, weaker fertilizer margins limited aggressive procurement later in the quarter. In India, sulphur prices increased from ~USD 974.84/MT to ~USD 1,050.00/MT during the quarter, showing a ~7.7% increase. Seasonal fertilizer preparation before the Kharif crop cycle supported sulphur demand, while limited domestic sulphur recovery maintained import dependence.
Europe
The Sulphur price curve in Germany witnessed upward movements as prices increased from ~USD 750.00/MT in April to ~USD 850.00/MT in June, showing a ~13.3% increase. European markets faced supply pressure due to lower domestic sulphur recovery, refinery operating changes and dependence on imported material. Demand from sulphuric acid production, phosphate fertilizers and industrial applications supported consumption. However, weak industrial activity limited stronger demand growth, with euro-area industrial production increasing only slightly during April. Higher fertilizer production costs and energy expenses also influenced procurement decisions among downstream users.
North America
Sulphur prices in the United States increased to ~USD 855.00/MT in April and ~USD 1,147.50/MT in June. The market was supported by refinery maintenance, changes in recovered sulphur output and firm fertilizer demand. Domestic sulphur supply remained linked to refinery and natural gas processing activity, with improved refinery operations later helping balance availability. Phosphate fertilizer production remained the primary demand driver, while agricultural sulphur applications also supported consumption. Canadian recovered sulphur supply remained important for regional availability and trade flows.
Analyst Insight
According to Procurement Resource, sulphur prices are expected to remain supported by fertilizer demand and refinery supply conditions, while improved production availability may reduce supply pressure.
Related Report
Need latest Sulphur price?
Get real-time price assessments, periodic trends, forecasts and price driver insights across key global markets.
Unlock Price Insights NowOur Clients
Procurement Resource Database
Turn price intelligence into action with the Procurement Resource Database. Log in or subscribe to unlock live price trends, historical charts, supplier databases, cost curves, and analyst-backed insights across chemicals, agriculture, energy, packaging, and more. Use these tools to benchmark your contracts, plan budgets with confidence, and stay ahead of market moves on every product you buy.
0
+Products
0
+Regions
0
+Subscriptions
- Global sulphur prices moved strongly upward in Q1’26 as Middle East supply disruption tightened availability, while freight and insurance costs increased after the Strait of Hormuz closure.
- Feedstock conditions remained critical as sulphur supply, derived from oil and gas refining, was impacted by energy market volatility and export disruption.
- Downstream demand remained firm from phosphate fertilizers, sulphuric acid, and metals processing, sustaining procurement across regions.
Asia
Sulphur prices in Asia followed a strong upward trend in Q1 of 2026 due to tightening import availability and steady fertilizer demand. For India, the prices were ~4.08 RMB/kg (Spot FD) in January and ~4.97 RMB/kg (Spot FD) in March. Last quarter prices were ~25.53% lower than Q1’26 prices, while prices increased by ~21.85% from January to March. Supply tightened as the Middle East, accounting for 47% of global seaborne sulphur trade, faced export disruption, limiting cargo flow into Asia. Demand from phosphate fertilizers and sulphuric acid production remained firm, supporting sustained buying despite rising freight costs.
Europe
Sulphur prices in Europe showed a firm upward trend in Q1’26, driven by import dependency and higher logistics costs. Supply risk increased as the Strait of Hormuz disruption affected global trade flows, while energy and shipping costs rose sharply. Europe remained exposed due to reliance on imported sulphur and sulphuric acid feedstock, while stable demand from fertilizers and industrial processing allowed cost-side pressure to pass through into market sentiment.
North America
In Q1’26, sulphur prices in North America trended upward with lower volatility compared to Asia and Europe, supported by strong domestic refinery and gas recovery supply. U.S. sulphur production was estimated at 8.1 million tons in 2025, reflecting a substantial domestic supply base that limited volatility but still transmitted global cost pressure into the market. Downstream demand from fertilizers and metals processing remained steady, maintaining consistent consumption levels.
About Sulphur
Sulphur is basically a chemical element, which is known to be the 10th most abundant element in the universe. It is multivalent, as well as nonmetallic. In appearance, the elemental Sulphur is a bright yellow crystalline solid at room temperature. It is most widely used in the production of sulphuric acid, which in turn goes into fertilisers, batteries and cleaners.
Sulphur Product Detail
Chemical Formula
S or S8
Molecular Weight
32.07 g/mol
Industrial Uses
Sulphuric acid, Fire chemicals, Vulcanisation, Fungicide and pesticides, Black gunpowder, Furnitures, Fertilisers, Pharmaceuticals
Synonyms
7704-34-9, Sulphur, precipitated, Sulphur, 99.5%, sublimed, Sulphur, 99.5+%, refined
Supplier Database
INEOS Capital Limited, Repsol S.A., Petrobras, Ishtar Company LLC, Swiss Singapore Overseas Enterprises Pte Ltd.
Regional Coverage
Asia Pacific
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe
Germany, France, United Kingdom, Italy,Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America
United States and Canada
Latin America
Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa
South Africa, Nigeria, Egypt, Algeria, Morocco
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Sulphur Production Processes
- Sulphur Production via Claus Process - The Claus process involves the recovery of Sulphur from the gaseous hydrogen sulphide found in raw natural gas.
Our Price Analysis Methodology
About the Author
Shriya Singh
Business Insights Analyst
Helping procurement and sourcing teams navigate complex markets through data-driven research, category intelligence, and actionable insights - with a focus on identifying market trends, analyzing supply-side developments, and delivering clear intelligence that supports informed business decisions.
Schedule a demo
Experience how Procurement Resource transforms raw material price data into clear, decision ready intelligence. Optimise your performance with reliable, expert market data and analysis. Schedule your demo today to experience a live walk-through where our experts will showcase interactive price charts, forecasted prices, and insights driving the prices for your key commodities, tailored to your workflows. Contact us now!
Our Team will be happy to assist you
We are just a text away
Still Need Help?
Other Related Reports
Sulfuric Acid Production from Iron Pyrite
This report presents the economics of sulphuric acid production from iron pyrite. In this industrial process, gas produced from the heating of iron pyrite (iron sulfide) is first treated to purify and isolate sulfur dioxide (SO2). This gas typically contains impurities that are removed to increase the efficiency of the subsequent steps. Once purified, the sulfur dioxide is then converted into sulfur trioxide (SO3) through a catalytic oxidation process. This conversion is typically facilitated by a catalyst such as vanadium pentoxide (V2O5) at high temperatures. The sulfur trioxide produced is a key intermediate used in the manufacture of sulfuric acid.
Sulfur Hexafluoride Production Via Fluorination Reaction
This report presents an up-to-date, detailed cost analysis of sulfur Hexafluoride from sulfur and fluorine. Sulfur hexafluoride is produced by reacting sulfur tetrafluoride with oxygen.
Unlock full access to Procurement Resource's price databases, interactive charts, and short-term forecasts for thousands of commodities. Elevate your sourcing decisions by comparing prices across regions, downloading historical data, and layering in analyst-backed insights, all with our flexible plans that scale as your portfolio grows.
Still have any Questions
Contact Us
Price Trend Dashboard - What's Included
Price trends across a diverse portfolio of categories and products, spanning board to niche chemicals
Coverage extendable to grade-specific chemicals based on procurement requirements
Regular price tracking supported by robust historical datasets
News, policy updates, and key market drivers impacting price movements
Short-term and long-term price outlooks and forecasts
Supply-demand dynamics and capacity-driven market analysis
Related News
View All
Why Procurement Database
Commodity Market Intelligence
Track prices, market movements, supply-demand dynamics, and industry developments across hundreds of commodities through a centralized intelligence platform built for informed procurement decisions.
Price Forecasts & Market Outlooks
Understand market fluctuations using analyst-backed forecasts, historical pricing patterns, and evolving industry trends to strengthen sourcing strategies and budget planning.
Cost & Procurement Optimization
Leverage cost models, pricing benchmarks, and procurement insights to evaluate purchasing opportunities, improve negotiations, and enhance operational efficiency.
Global & Regional Market Insights
Access region-specific price trends, trade activities, capacity changes, and supply chain developments influencing commodity markets worldwide.
1/4