Chemicals, Fertilizers
May 09, 2025
Platts proposes to launch CFR Med sulfur assessment, change specifications for several sulfur assessments June 26
Platts, part of S&P Global Commodity Insights, proposes to launch a CFR Mediterranean crushed lump sulfur spot price and adjust the current specifications for multiple sulfur assessments, effective June 26.
The proposal is aimed at adding further granularity to the sulfur coverage in the EMEA region.
The proposed crushed lump price would be assessed as a weekly single-number assessment. The published price would also reflect a low-high range based on +/-$1/ mt on each end of the single-number assessment.
The proposed price would follow the specifications below:
| Assessment Name | CFR Mediterranean crushed lump sulfur, spot - small lots |
| Quality | Crushed lump sulfur only in bulk |
| Quantity | 8,000 mt |
| Basis & Location | CFR Mediterranean basis Abu Qir, Egypt |
| Timing | Product to be delivered two- to six-weeks forward |
| Frequency | Weekly, every Thursday |
| Unit of assessment | $/mt |
| Timestamp | 16:30 London close, published according to the London publishing calendar |
In a bid to improve the scope of several existing assessments, Platts, as a part of this proposal, would also refine the specifications of the following price assessments.
Platts would now assess the below sulfur prices as a weekly single number, which will then be published with a low-high range with +/- $1/ mt on each side.
| Assessment name | Current specifications | Proposed specifications |
| FOB Mediterranean, granular, spot, small lots FSSMD04 | Quality: Granular in bulk Quantity: 5,000-8,000 mt Basis and location: FOB Mediterranean basis Sousaki, Greece. Basis: Non-Russian origin. Timing: Product to be loaded one- to four-weeks forward Frequency: Weekly Appears in: Sulfur Market Report Unit of assessment: $/ mt Timestamp: 16:30 London close | Quality: Granular in bulk Quantity: 7,000 mt Basis and location: FOB Mediterranean basis Sousaki, Greece. Basis: Non-Russian origin. Timing: Product to be loaded one- to four-weeks forward Frequency: Weekly Appears in: Sulfur Market Report Unit of assessment: $/ mt Timestamp: 16:30 London close |
| CFR Mediterranean, granular, spot, small lots FSSMB04 | Quality: Granular sulfur only in bulk Quantity: 5,000-8,000 mt Basis and location: CFR Mediterranean basis Abu Qir, Egypt Basis: Non-Russian origin Timing: Product to be delivered two- to six-weeks forward Frequency: Weekly Appears in: Sulfur Market Report Unit of assessment: $/ mt Timestamp: 16:30 London close | Quality: Granular sulfur only in bulk Quantity: 8,000 mt Basis and location: CFR Mediterranean basis Abu Qir, Egypt Basis: Non-Russian origin Timing: Product to be delivered two- to six-weeks forward Frequency: Weekly Appears in: Sulfur Market Report Unit of assessment: $/ mt Timestamp: 16:30 London close |
FOB Baltic, Spot, granular (FSSBC04) | Quality: Granular sulfur in bulk Quantity: minimum 6,000 mt Basis and location: Loading port: Ust Luga. Price basis: Spot FOB price and netbacks on CFR sales to target markets and competitive offers/firm bids. Timing: Product to be loaded up to 30 days forward Frequency: Weekly Appears in: Sulfur Market Report Unit of assessment: $/ mt Timestamp: 16:30 London close | Quality: Granular sulfur in bulk Quantity: 50,000-60,000 mt Basis and location: Loading port: Ust Luga. Price basis: Spot FOB price and netbacks on CFR sales to target markets and competitive offers/firm bids. Timing: Product to be loaded up to 30-60 days forward Frequency: Weekly Appears in: Sulfur Market Report Unit of assessment: $/ mt Timestamp: 16:30 London close |
As a result of the above adjustments, the CFR Mediterranean Granular & Crushed Lump, Spot - small lots, (FSSMA04) will now be assessed as a range assessment with the low and high derived from the single number proposed and the single-number assessment for the CFR Mediterranean, Granular, spot - small lots (FSSMB04). No other market information will be taken into account.
For example, if FSSMB04 is assessed at $190/mt and the new proposed CFR Med crushed lump, spot - small lots at $200/mt, the FSSMA04 would be calculated as a range of $190-$200/mt.
The specifications for FSSMA04 will be aligned to a Quantity of 8,000 mt; Basis location as CFR Mediterranean basis Abu Qir, Egypt; Timing: Product to be delivered two- to six-weeks forward; Basis: Non-Russian origin.
Please send any feedback, questions and comments to fertilizer@spglobal.com and pricegroup@spglobal.com by May 28.
For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.
Platts will consider all comments received and will make comments not marked as confidential available upon request.