[SMM Analysis] Quantity, Price, Source, Port of Destination: Analysis of Indonesian Sulfur and Sulphuric Acid Imports and Exports in H1 2026
H1 2026 sulfur imports fell by 771,000 mt YoY, a decline of nearly 30%. Combined imports from the four Middle Eastern countries (UAE, Qatar, Saudi Arabia, Kuwait) dropped by 1.52 million mt, a decrease of 62%. Canada emerged as a new major source, with imports rising from 172,000 mt to 328,000 mt (+90%), making it the second-largest origin. The average price in June surged to $885/mt, forming a pattern of “volume decline and price increase”.