SULFUR'S PRICE COLLAPSE TO FORCE MARKET CHANGES

Price drops for sulfur over the past 2 years of P 50-66% at most major consuming locations are prompting a major industry restructuring, according to Fertecon, a U.K.-based research organization that follows worldwide sulfur production for the fertilizer industry. A recently completed Fertecon study of the cost of producing and marketing sulfur indicates that the attrition in worldwide sulfur mining capacity has now mostly run its course. Moreover, the burden of balancing the market will fall

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