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Tupras awards August domestic sulphur tender

Created at 28 Jul · 2:21 PM1 source↑ Market-relevant
IN SHORT

Turkish refiner Tupras awarded its August domestic sulphur e-tender at prices ranging from $849-912/t FCA, an average increase of $153.50/t from its previous tender. The awarded prices were up from the June tender's $650-804/t FCA.

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Key Numbers

$849-912/tAugust domestic sulphur tender award prices
$153.50/tAverage price increase from previous tender
$650-804/tPrevious tender award prices
3,850tTotal sulphur from Izmir
16,000tTotal sulphur from Izmit
2,600tTotal sulphur from Kirikkale

Who's Involved

Tupras
Turkish refiner that awarded the tender
Fenella Rhodes
Author of the report

↳ Why This Matters

The significant increase in sulphur prices awarded by Tupras indicates rising demand or tighter supply conditions for this key fertilizer component, potentially impacting fertilizer costs for end-users.

Key facts

  • Turkish refiner Tupras awarded its August domestic sulphur e-tender.
  • Awarded prices ranged from $849-912/t FCA.
  • Prices increased by an average of $153.50/t compared to the previous tender.
  • The previous tender was awarded at $650-804/t FCA.

Turkish refiner Tupras has awarded its latest August domestic sulphur e-tender in full, with prices ranging from $849 to $912 per tonne FCA for various lot sizes. This represents an average price increase of $153.50 per tonne compared to its previous tender, which was awarded on June 23-24 at prices between $650 and $804 per tonne FCA.

From Izmir, lots ranging from 100 to 700 tonnes, totalling 3,850 tonnes, had a floor price starting at $675/t and were awarded at $909-912/t FCA. From Izmit, lots ranging from 100 to 2,500 tonnes, totalling 16,000 tonnes, were awarded at $849-852/t FCA. From Kirikkale, lots ranging from 100 to 750 tonnes, totalling 2,600 tonnes, were awarded at $876-882/t FCA.

Frequently asked questions

Sulphur is a key component in the production of fertilizers, particularly phosphates, and is also used in various industrial processes.

FCA stands for Free Carrier, meaning the seller delivers the goods to a carrier nominated by the buyer at the seller's premises or another named place, and the buyer bears all costs and risks of loss or damage to the goods from that point.

The total volume awarded across the three locations (Izmir, Izmit, Kirikkale) was 22,450 tonnes.

What Happens Next

01Monitor future sulphur tender awards for continued price trends.

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How It Developed

Tupras awarded its August domestic sulphur e-tender.
Prices ranged from $849-912/t FCA for various lot sizes.
This represents an average price increase of $153.50/t compared to the previous tender.

Sources

T1
Tupras awards August domestic sulphur tenderArgus Media

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