B · Normal
[The global battle for sulfur intensifies, with prices soaring nearly 10 times] October 13th: As global industrial sulfur supply becomes increasingly tight, a battle over this scarce resource is intensifying. For most of this year, shipping in the Strait of Hormuz has been blocked, resulting in a severe shortage of sulfur supplies. Prices have soared to nearly 10 times pre-conflict levels, approaching $1,000 per ton, which is usually $100 to $200.
Comments