ADNOC sulphur OSP India for February has been set at $530 per tonne FOB Ruwais, marking a $10/t increase from January levels. Abu Dhabi National Oil Company (ADNOC) announced the new price for sulphur exports to the Indian subcontinent, reflecting steady demand from fertilizer producers.
The ADNOC sulphur OSP benchmark is closely watched by fertilizer companies because sulphur is a key raw material in phosphatic fertilizer production.
ADNOC Sulphur OSP India Implies Higher CFR Prices
The February ADNOC sulphur OSP India indicates a delivered price of approximately $546–548/t CFR India.
Freight for a 40,000–45,000 tonne cargo to India’s east coast was last assessed at $16–18/t on 29 January. These freight levels continue to influence landed sulphur costs for Indian buyers.
The pricing trend reflects stable demand from fertilizer manufacturers preparing for upcoming production cycles.
Importance of ADNOC Sulphur OSP for Fertilizer Producers
The ADNOC sulphur OSP serves as an important reference for companies producing:
phosphoric acid
sulphuric acid
DAP fertilizer
NPK fertilizers
India imports large volumes of sulphur from the Middle East, making ADNOC pricing a key indicator for fertilizer raw material costs.
Changes in sulphur prices directly affect phosphatic fertilizer production economics, especially for producers operating integrated fertilizer complexes.
Market Outlook
The February increase in the ADNOC sulphur OSP suggests continued firmness in the regional sulphur market. Demand from fertilizer producers in India and Asia remains stable, while freight costs continue to play a role in determining CFR prices.
Market participants will continue monitoring fertilizer demand, sulphur supply availability, and global trade flows in the coming months
