Platts launches CFR Southeast Africa sulphur assessment and Middle East-Southeast Africa sulphur freight assessment

Platts, part of S&P Global Commodity Insights, has launched a new weekly CFR Southeast Africa sulphur spot price assessment and a new weekly Middle East-Southeast Africa sulphur freight assessment.

The launch reflects changes in market dynamics that have arisen thanks to the global energy transition, including an increase of sulphur flowing to southern Africa for use in metals mining and processing.

Platts initially proposed the launch of these assessments on March 18, 2024 in a subscriber note available here(opens in a new tab). The decision to launch the new assessments was announced in a subsequent subscriber note on April 4, 2024, available here(opens in a new tab).

Details of the CFR Southeast Africa sulphur assessment are as follows:

Granular Sulphur CFR Southeast Africa Spot $/mt

Quality: Granular sulphur in bulk

Quantity: Basis 35,000 mt

Basis and location: CFR Southeast Africa, basis Dar es Salaam, spot

Timing: Product to be delivered two to six weeks forward

Frequency: Weekly

Appears in: Sulphur Market Report

Units of assessment: US dollars per mt

Details of the Middle East-Southeast Africa sulphur freight assessment are as follows:

Sulphur Middle East-Southeast Africa 35,000 mt $/mt

Cargo Size: 35,000 mt

Loadport: Middle East, basis Ruwais

Disport: Southeast Africa, basis Dar es Salaam

Timing: Product to be loaded two to four weeks forward

Frequency: Weekly

Appears in: Sulphur Market Report

Unit of assessment: US dollars per mt

The prices are assessed on Thursday of each week based on information received up to 16:30 London time, and follow a London holiday calendar.

Please send any feedback, comments, or questions to fertilizer@spglobal.com and pricegroup@spglobal.com.

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