High sulfur prices squeeze fertilizer margins, spur production cutbacks
Persistent global sulfur price hikes have led to widespread issues across the fertilizer sector, including reduced operating margins and production interruptions, companies and traders said. Sulfur prices have climbed since the Feb. 28 start of the Middle East war, which trapped about half of all global seaborne exports behind the Strait of Hormuz, according to S&P Global CERA data. The supplyPersistent global sulfur price hikes have led to widespread issues across the fertilizer sector, including reduced operating margins and production interruptions, companies and traders said. Sulfur prices have climbed since the Feb. 28 start of the Middle East war, which trapped about half of all global seaborne exports behind the Strait of Hormuz, according to S&P Global CERA data. The supplyRead More