The market for sulphur remains very quiet with buyers bidding lower prices in anticipation of further weakness in the coming weeks. A combination of the devaluation and depreciation in most key DAP markets has put downwards pressure on DAP prices from China and hopes by producers of raising export prices from September 1 to counteract the VAT looks increasingly unlikely to materialise. With prospects in India looking poor, further downward pressure on price is expected in the coming weeks.
展开▼
