◂ Event Timeline

Jun 5, 2026GEOPOLITICSMiddle East

ADNOC Raises June Sulphur Price to Record $860/t

ADNOC set its June sulphur price at a record $860/t. The increase follows supply disruption tied to the Strait of Hormuz and tighter global sulphur supply.

WHY IT MATTERS

Sulphur is a key input for phosphoric acid and DAP, so higher sulphur costs raise phosphate production costs and support fertilizer prices.

AFFECTSDAP▲

SOURCE
discoveryalert.com.auJun 5, 2026

Price reaction & history

DAP▲bullishSO FAR1d -0.3%5d -0.3%20d -4.5%

After 114 past bullish geopolitics events, DAP moved a median +0.0% over 5 sessions (50% higher; middle half -0.3% to +1.2%), and +0.3% over 20.

Mar 22, 2022Fertilizer prices are at record highs. Here's what that means+2.1%
Oct 4, 2022How the Russia-Ukraine War Fueled Record Fertilizer Prices-1.7%
Mar 24, 2026Global fertilizer prices have reached record levels, but what to expect next?+5.5%
Sep 1, 2026Why higher fertilizer prices are here to stay+0.3%
Sep 21, 2021Food prices poised to surge with fertilizer at highest in years+0.2%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

DAP DAP · GP ▸

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