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Kuwait raises June sulphur price to $805/t fob

Created at 3 Jun · 2:51 PM1 source
IN SHORT

Kuwait Petroleum Corporation (KPC) has increased its sulphur price for June to $805 per ton on a free-on-board (fob) basis.

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Key Numbers

$805/tJune sulphur price

Who's Involved

Kuwait Petroleum Corporation (KPC)
Set the June sulphur price

↳ Why This Matters

Changes in sulphur pricing by major producers like KPC can impact the global supply and cost for industries that rely on sulphur as a key input, such as fertilizer and chemical manufacturing.

Key facts

  • Kuwait Petroleum Corporation (KPC) set its June sulphur price at $805 per ton.
  • The price is on a free-on-board (fob) basis.

Kuwait Petroleum Corporation (KPC) has announced an increase in its sulphur price for the month of June. The new price is set at $805 per ton, on a free-on-board (fob) basis. This adjustment reflects current market conditions and KPC's pricing strategy for its sulphur exports.

Frequently asked questions

Kuwait Petroleum Corporation (KPC) has set the sulphur price for June at $805 per ton.

Fob (free-on-board) means the seller is responsible for getting the goods loaded onto the ship, and the buyer assumes responsibility and costs from that point onwards.

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How It Developed

3 Jun · 2:45 PM
Kuwait Petroleum Corporation (KPC) has raised its June sulphur price to $805 per ton on a free-on-board (fob) basis.
Argus Media | Latest Energy News via PiQSuite

Sources

T1
Kuwait's KPC raises June sulphur price to $805/t fobm.piqsuite.com

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