[SMM Flash] Latest Market Update on Indonesian Sulfur

Published: Apr 24, 2026 18:19

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According to SMM's latest pricing, supported by tight international shipping capacity and rigid demand, the sulfur (CIF Indonesia) price range was $990-1,050/mt this week, up $60/mt WoW. Market sources indicated that only a few sellers were able to offer firm cargo quotations, while the remaining cargoes were still stranded within the Gulf. Currently, some sellers had raised their sulfur offers to the Indonesian market to $1,250-1,300/mt, but no actual transactions were concluded. Although unreleased cargoes within the Gulf were quoted at around $900/mt, negotiations between buyers and sellers were extremely difficult, and market trading was sluggish.

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