BC Insight Price Trends on September 19 described a global sulphur holding pattern with bearish buyer sentiment against stubbornly high spot levels after months of conflict-driven disruption.
A United States-Iran memorandum and 60-day ceasefire window allowed 22 vessels carrying about 1.07 million metric tonnes to depart the Strait of Hormuz, largely pre-sold in the open account.
Roughly 380,000 tonnes on eight vessels remained inside the Gulf backlog, keeping insurance and scheduling risk on desks even as some stems cleared.
Brazil's CMOC tender was framed to test the low end near 1,100 to 1,250 dollars per tonne CFR, while India bids were cited near a 1,000 dollar CFR ceiling that suppliers did not universally accept.
Wilson Sons data in the same piece put Brazilian May through June sulphur arrivals down 45 percent year on year, linking phosphate run cuts to import demand.
Indonesia was described as hand-to-mouth with LME nickel at 16,610 dollars per tonne, tying sulphur demand to nickel chain economics.
North American prices were steady at 1,100 to 1,200 dollars per tonne FOB with next deals widely expected below 1,200 dollars, unchanged from BC Insight's September 18 Vancouver band after a Southern Africa sale.
Sulphuric acid coverage included Chile delivered averaging 489 dollars per tonne in June versus 498 dollars in May, China's May through December acid export ban, and China acid exports January through May at 783,509 tonnes down 57 percent year on year per GTT.
Jiangsu acid was quoted rising from 1,900 to 2,450 yuan per tonne from late April to late June in the same article, showing domestic acid tightness parallel to elemental sulphur scarcity.
Shengyishe's September 21 benchmark held 7,669 yuan per tonne flat on the day with month-to-date down 8.14 percent from the September 1 open at 8,349 yuan.
Fertilizer Daily's September 20 phosphate review cut East China liquid sulphur to 7,325 yuan, aligning with softer domestic raw materials even as FOB Vancouver stays elevated.
AER ST3 July 2026 put Alberta closing inventory at 11.11 million tonnes with year-to-date removals from Alberta at 1.13 million tonnes, the inventory side of the export economics BC Insight prices at Vancouver.
Desk read: BC Insight 19 September is a holding-pattern print: partial Hormuz relief without a buyer strike on NA FOB. Hold the published 1,100 to 1,200 dollar FOB band until the next open sale print moves it.