HOUSTON (ICIS)--Sulphur prices in Western Canada have risen to their highest point of the year this week.
The range on Friday is $160-163/tonne FOB Vancouver, a 10% average increase from the previous week.
No actual deals have been heard concluded higher than the $140s/tonne FOB Vancouver, but deals concluded in China have spiked prices there, pulling Canada's levels up notionally.
Amid global sulphur shortages, China importers have acted as the control valve of the market in 2018, with worldwide prices rising and falling in line with China’s buying interest.
Last time Vancouver's pricing was assessed this high was December 2017.