Asian Traders Seek Sulfur Options as Hormuz Halt Cuts Supply

A heap of dry sulfur. 

Photographer: Tomohiro Ohsumi/Bloomberg

Asia-based traders of dry sulfur are rushing to substitute supplies stranded in the Middle East as an intensifying regional conflict threatens access to the chemical used in fertilizer and nickel processing.

Vessels carrying the material remain stuck in the Persian Gulf, according to three traders in China and Singapore, who asked not to be named discussing private matters. The traders are seeking alternative supplies to meet demand but availability in other regions such as Canada is limited, they said.