Platts proposes to launch CFR Southeast Africa sulphur assessment and Middle East-Southeast Africa sulphur freight assessment

Platts, part of S&P Global Commodity Insights, proposes to launch a new weekly CFR Southeast Africa sulphur spot price assessment and a new weekly Middle East-Southeast Africa sulphur freight assessment, effective May 2, 2024.

This proposal 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.

Details of the proposed 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 from two to six weeks forward
• Frequency: Weekly
• Appears in: Sulphur Market Report
• Units of assessment: US dollars per mt

Details of the proposed 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 between two to four weeks forward
• Frequency: Weekly
• Appears in: Sulphur Market Report
• Unit of assessment: US dollars per mt

The prices would be assessed on Thursday of each week based on information received up to 1630 London time, and would follow a London holiday calendar.

Please send any feedback, comments, or questions by April 3 to fertilizer@spglobal.com and pricegroup@spglobal.com.

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 to the public upon request.