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Sulfur prices have spiked on tight global supply and strong Chinese demand. Fertilizer makers are squeezed by the higher costs, while crop prices have slumped and new phosphate supply is arriving.
Higher sulfur costs raise the production cost of phosphate fertilizers such as DAP, which can support phosphate prices but squeeze margins.
reuters.comRod NickelDec 20, 2017reuters.comRod NickelDec 20, 2017Not enough comparable past events yet for a historical read.
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.
