
Argus's late-2021 review reported that sulfur prices firmed in the fourth quarter after DAP rallied in October and Chinese phosphate export restrictions remained unclear. Middle East FOB sulfur was assessed at $223-230 per tonne and Brazil CFR near $245-246 per tonne.
Phosphate producers were restocking sulfur ahead of constrained Chinese DAP and MAP supply.
Phosphate producers' sulfur purchases tie sulfur demand to DAP output, so tight Chinese phosphate supply supports sulfur and DAP prices. Buyers of phosphate-based feed inputs should expect firmer costs.
과거 상승 무역 이벤트 193건 이후, DAP은 5거래일 동안 중앙값 +0.4% 변동(상승 54%; 중간 50% 범위 -0.3%~+1.8%), 20거래일 동안 +1.9%.
각 품목 벤치마크의 이벤트 직전 종가 대비 변동. 과거 수치는 같은 유형의 과거 이벤트를 합산한 것으로, 일어난 일을 설명할 뿐 앞으로 일어날 일이 아닙니다. 투자 자문이 아닙니다.