【SMM Flash】ADNOC Hikes June Sulphur OSP to $860/t FOB Ruwais, an All-Time High

SMM understands that Abu Dhabi National Oil Company (ADNOC) has raised its June 2026 official selling price (OSP) for sulphur to $860/t FOB Ruwais for the Indian subcontinent market, up by $100/t from May. This marks the highest OSP on record, surpassing the previous peak seen in Q2 2008. The extreme supply tightness in the Middle East, driven by ongoing geopolitical disruptions, continues to underpin the bullish market sentiment.

Other Middle East suppliers‘ June contract prices: QatarEnergy at $805/t FOB; Kuwait KPC at $805/t FOB.