Sulfur, being one of the main raw materials in fertilizers, is anticipated to face uncertainties due to the ongoing COVID-19 pandemic. As such, prices have dropped for sulfur, which is an opportunity for stakeholders in the sulfur fertilizer market to strategize on financial allocations and production activities. Agriculture, an essential industry during the coronavirus, has seen less uncertainty in business activities.
The tight availability for sour crude oil is influencing the growth of the global sulfur fertilizer market. This has led to the curtailment of oil-based sulfur supply. Depressed oil-based sulfur supply and new ship emission regulations in North America and Europe are affecting production processes. Hence, most industries are adopting the plug & play approach to achieve cost and time efficiency.
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Micronized Elemental S Shows Potential to Revolutionize Fertilizer Production
Immediate availability and water solubility of sulfur are beneficial in fertilizer production. However, sulfur is associated with leaching and loss of sulfur after one rainfall. Hence, companies in the sulfur fertilizer market, such as Shell Thiogro, are adopting technologies that incorporate micronized elemental S into fertilizers to overcome its drawbacks.
Achieving food security has become important for manufacturers in the sulfur fertilizer market. Companies need to comply with the guidelines issued by the International Fertilizer Association (IFA) and the Food and Agricultural Organization of the United Nations (FAO) in order to adopt the best agricultural practices. As such, sulfur is linked with healthy crop growth, which leads to increased yield and productivity of farmers.
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Sulfur Deficiency to Meet with Strategic Cultivation Activities During Spring Season
Sulfur is being extensively used for plant protection in agriculture. Companies in the sulfur fertilizer market, such as Repsol, is boosting its marketing capabilities for PRILL SULFUR, which is being used as a raw material for manufacturing fertilizers. Manufacturers are increasing their production capabilities, since sulfur fertilizers are being used in alkaline soils to correct pH levels and improve the absorption of nutrients.
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Sulfur deficiency has become a widespread problem, compounded by fewer sulfur oxide emissions in the soil. Hence, stakeholders in the sulfur fertilizer market are educating farmers and cultivators to use this manure during fall or spring to boost yield of corn, canola, wheat, and alfalfa. This flexibility is being preferred by farmers, when weather extremes create costly delays during spring fieldwork and planting.
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