September 4 International Fertilizer and Agriculture News

September 7, 2026

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Abu Dhabi National Oil Company (ADNOC) has reduced its September sulfur official selling price (OSP) to USD 960/tonne FOB Ruwais, down by USD 40 from August. Delivered prices to India are now estimated at USD 1,100-1,102/tonne. Freight costs for shipments to India’s east coast are assessed at USD 140-142/tonne. Meanwhile, Kuwait Petroleum Corporation (KPC) has maintained its September sulfur price at USD 865/tonne FOB Kuwait, unchanged from August. Freight for cargo to Chinese ports ranges between USD 145-160/tonne, with additional surcharges due to navigation risks in the Strait of Hormuz reaching USD 200/tonne. Delivered CFR cost to China is therefore estimated at USD 1,065/tonne. Both price adjustments highlight different market dynamics and regional shipping factors.

ADNOC Cuts September Sulfur Price by USD 40/Tonne

Abu Dhabi National Oil Company (ADNOC) has reduced its September sulfur official selling price (OSP) for the Indian subcontinent to USD 960/tonne FOB Ruwais, down from USD 1,000/tonne FOB in August. Based on ADNOC's September OSP, delivered prices to India are estimated at USD 1,100-1,102/tonne. Freight for 40,000-45,000-tonne cargoes to India's east coast was assessed on August 27 at USD 140-142/tonne.

Kuwait Petroleum Corporation Maintains September Sulfur Price

Kuwait's state-owned sulfur producer Kuwait Petroleum Corporation (KPC) set its September Kuwait sulfur price (KSP) at USD 865/tonne FOB Kuwait, unchanged from August. Freight for 30,000-35,000-tonne cargoes to Chinese ports was last assessed on August 27 at USD 145-160/tonne.

Affected by navigation risk premiums in the Strait of Hormuz, vessels in the 30,000-35,000-tonne range require additional freight and insurance costs, with total surcharges reaching as much as USD 200/tonne. On this basis, the delivered CFR cost to China is estimated at USD 1,065/tonne.

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