Sulfur futures surged to a record high of CNY 7,050 per tonne as the Middle East conflict disrupted a key link in the global fertilizer supply chain. Almost half of global sulfur production comes from the region, and the near closure of the Strait of Hormuz has sharply reduced shipments, tightening availability. Sulfur is a critical input for sulfuric acid, which is widely used in phosphate fertilizers for crops such as corn and soybeans. Supply conditions were already strained before the conflict due to strong industrial demand, particularly from the mining sector, where sulfuric acid is used in metal extraction, as well as export restrictions from major producers including China and Russia. With fertilizer producers now competing with industrial users for limited supply, some output has already been cut and inventories are under pressure, increasing the risk of further disruptions across agricultural and industrial markets.

Sulfur rose to 7,583.33 CNY/T on May 15, 2026, up 2.48% from the previous day. Over the past month, Sulfur's price has risen 19.42%, and is up 205.25% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Sulfur reached an all time high of 7583.33 in May of 2026. This page includes a chart with historical data for Sulfur. Sulfur - data, forecasts, historical chart - was last updated on May 17 of 2026.

Sulfur rose to 7,583.33 CNY/T on May 15, 2026, up 2.48% from the previous day. Over the past month, Sulfur's price has risen 19.42%, and is up 205.25% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Sulfur is expected to trade at 7656.89 CNY/T by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 8189.24 in 12 months time.



Price Day Month Year Date
Bitumen 4,408.00 65.00 1.50% 7.64% 27.36% May/15
Cobalt 56,290.00 0 0% 0% 67.03% May/14
Lead 1,983.80 -31.85 -1.58% 1.53% -0.89% May/15
Aluminum 3,564.00 -89.00 -2.44% -2.21% 43.72% May/15
Tin 54,656.00 -1390 -2.48% 10.18% 65.75% May/14
Zinc 3,528.75 -55.90 -1.56% 3.02% 31.14% May/15
Nickel 18,580.00 -360 -1.90% 1.56% 19.06% May/15
Molybdenum 612.50 0 0% 12.39% 32.72% May/15
Palladium 1,426.50 -34.50 -2.36% -9.80% 48.28% May/15
Gallium 2,250.00 0 0% 5.88% 30.43% May/15
Germanium 20,250.00 250 1.25% 17.39% 35.00% May/15
Manganese 33.45 0 0% -3.46% 10.58% May/15
Indium 4,750.00 0 0% 11.76% 88.12% May/15
Kraft Pulp 5,088.00 -46.00 -0.90% 1.19% -5.22% May/15
Magnesium 17,400.00 0 0% -3.87% -5.43% May/15
Phosphorus 1,028.00 0 0% 3.84% -1.61% May/15
Polyethylene 8,080.00 -62.00 -0.76% 0.42% 7.63% May/15
Polyvinyl 5,083.00 -63.00 -1.22% -0.04% 4.65% May/15
Polypropylene 8,760.00 -20.00 -0.23% 4.42% 20.86% May/15
Soda Ash 1,196.00 0 0% -2.13% -13.83% May/15
Neodymium 1,015,000.00 0 0% -2.87% 85.90% May/15
Sulfur 7,583.33 183.33 2.48% 19.42% 205.25% May/15
Tellurium 800.00 0 0% 2.56% 8.11% May/15
Urea 577.00 4.50 0.79% -19.07% 21.79% May/15
Di-ammonium 792.50 0 0% 8.56% 21.46% May/15
Rhodium 9,925.00 -50 -0.50% -0.50% 80.45% May/15


Sulfur
The primary industrial use for sulfur is in the production of sulfuric acid, a crucial chemical for fertilizers and other applications. It's also important for creating pesticides and fungicides, vulcanizing rubber to improve durability, producing detergents and dyes, manufacturing pharmaceuticals, and is used in processes like water purification, metal refining, and the production of gunpowder. The sulfur prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our sulfur prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. The data is supplied by a third party and, while efforts are made to ensure its accuracy, Trading Economics does not verify the data and makes no representations or warranties regarding its accuracy..
Actual Previous Highest Lowest Dates Unit Frequency
7583.33 7400.00 7583.33 470.00 2020 - 2026 CNY/T daily

News Stream
Sulfur Hits New Peak
Sulfur futures surged to a record high of CNY 7,050 per tonne as the Middle East conflict disrupted a key link in the global fertilizer supply chain. Almost half of global sulfur production comes from the region, and the near closure of the Strait of Hormuz has sharply reduced shipments, tightening availability. Sulfur is a critical input for sulfuric acid, which is widely used in phosphate fertilizers for crops such as corn and soybeans. Supply conditions were already strained before the conflict due to strong industrial demand, particularly from the mining sector, where sulfuric acid is used in metal extraction, as well as export restrictions from major producers including China and Russia. With fertilizer producers now competing with industrial users for limited supply, some output has already been cut and inventories are under pressure, increasing the risk of further disruptions across agricultural and industrial markets.
2026-05-11
Sulfur Hits Record Highs
Sulfur futures surged to record highs above CNY 6,700 per tonne, as the Middle East conflict disrupted a critical part of the fertilizer supply chain. Nearly half of the global sulfur supply originates from countries in the region, and the effective closure of the Strait of Hormuz has severely constrained flows, creating shortages just as demand rises ahead of the spring planting season. Sulfur is a key input for producing sulfuric acid, which is essential in phosphate fertilizers used for crops like soybeans and corn. Even before the conflict, supplies were already tight due to strong demand from the mining industry, which uses sulfuric acid for metal extraction, and ongoing export restrictions from key producers such as China and Russia. With phosphate producers now competing with industrial buyers for limited sulfur supply, some production has already been curtailed, and inventories are at risk of being depleted, raising the likelihood of further disruptions across markets.
2026-03-24