According to Mysteel's survey, the sulfur purchase price for an Indonesian MHP producer has surged recently, with some procurement for July delivery reaching as high as US $1,100-1,200/tonne, a record high. Driven by the continued global sulfur price spike, coupled with elevated shipping and rerouting costs, MHP production costs are expected to rise further.
Written by Cora Ji, jiruyan@mysteel.com
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