TSI World Sulphur Symposium 2023
The Sulphur Institute (TSI) held its World Sulphur Symposium in Edinburgh from April 25th to 27th.
The Sulphur Institute (TSI) held its World Sulphur Symposium in Edinburgh from April 25th to 27th.
Market Insight courtesy of Argus Media. Urea: Prices fell in most global markets in early March as suppliers chased limited demand. Although India’s purchase tender has yet to formally conclude, IPL looks set to book 1.15 million tonnes of urea at $330-334.8/t cfr, with traders mainly sourcing from Russian and Middle Eastern producers.
Sulphur is a vital secondary crop nutrient. It can be delivered in sulphate, thiosulphate and elemental form. The range of product and process options are outlined.
Brazil’s agricultural industry continues to expand at the same time that most of its nitrogen fertilizer industry has shut down. Meanwhile, Venezuela continues to deal with the consequences of years of underinvestment and mismanagement, and elsewhere, gas discoveries in other parts of the continent have not led to the new plant construction boom that had once been hoped for.
Advances in technology, equipment and reagents are enhancing phosphate fertilizer production. Optimisation of standard equipment is also vital for ensuring process efficiency.
CRU Events will convene the 2023 Phosphates International Conference & Exhibition in Istanbul at the Hilton Bomonti Hotel, 27 February to 1 March.
Market Insight courtesy of Argus Media. Urea: The market remained weak at the start of the year with urea prices falling as producers fought for liquidity. Egyptian product fell by $40/t to $495/t f.o.b. in a matter of days, while f.o.b. prices in the Middle East and southeast Asia similarly fell to around $440/t. Urea prices in many end-user markets also slumped: US prices fell over the course of the first week of January by $30/t, Brazil by $15/t and many European markets by around $20/t.
Yara International is to supply fossil-free fertilizers to El Parque Papas, Argentina’s largest potato grower, in 2023.
The global potash market has endured a tumultuous 18 months, says Andy Hemphill, senior editor for potash and sulphuric acid at ICIS Fertilizers. Export sanctions, high offer prices and buyer unrest persist as we enter 2023.
Last year saw global trade in all commodities have to take into account the potential loss of supply from Russia, a key exporter of many commodities. Sulphur was no exception, with prices swinging wildly across the year.