Shanghai Metals Market's September 18 analysis of mixed hydroxide precipitate markets said sulphur replenishment in the third quarter lifted Indonesian MHP availability while nickel and cobalt payables stayed soft.
Alberta recovered sulfur still leaves mainly through the Vancouver stem. World supply shocks show up there as stem tightness, remelt draws, and Gulf-versus-Pacific basis.
For elemental sulphur, CIF Indonesia was quoted at 960 to 1,050 dollars per metric tonne this week, averaging 1,005 dollars, down 20 dollars from the prior Friday average near 1,025 dollars. The desk described high-level stalemate with a slow decline as MHP producers resisted on cost grounds and downstream procurement slowed.
The piece flagged the 22 September UN General Assembly meeting between the United States and six countries including Saudi Arabia on Iran as a watch point for Middle East sulphur supply expectations. Open industry analysis; grid.