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Kpler warns sulfur trade crisis is worsening with vessels stranded in Hormuz

Commodity data platform Kpler said the sulfur trade crisis is not subsiding but worsening, with many vessels still stranded in the Strait of Hormuz as the Iran situation drags on.

Kpler warns sulfur trade crisis is worsening with vessels stranded in Hormuz

Commodity data analytics platform Kpler said the sulfur trade crisis is not only far from over but is worsening, with many transport vessels still stranded in the Strait of Hormuz as the Iran situation drags on. u201cWe cannot do without sulfur,u201d said Kpler dry bulk market data manager Madeleine Overgaard, noting that sulfur affects everything from mining to the cost of everyday electronics, and on the other side of the balance, crop harvests. She said shipping disruptions in the strait will ultimately determine u201chow much we pay for a baguette at the bakery next year.u201d

Source: China Energy News / Cailianshe

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