Sulfur

The Product
Sulfur is a by-product of oil and gas production and refining, with this involuntary production accounting for up to 95% of traded volume.  Sulfur is used in a wide variety of industries, most of it after conversion into sulfuric acid, as an input for fertilizer production (70%), in metal leaching (20%) and in various chemical industries (10%).  Globally, sulfur is typically marketed in solid form and transported in bulk around the world on board ocean going vessels.

The Market 
Annual production is about 70 million metric tons of sulfur of which about 40-45% is available for seaborne trade.

Trammo’s role in the supply chain
Trammo is the single largest sulfur marketer in the world with a traded volume in excess of 5 million metric tons per year for 2014-2018.  Trammo supplied its first sulfur cargo to North Africa in 1984.  Since then, Trammo has been a significant market participant with a current annual volume of 5 million metric tons per year representing about 17% of all global shipments and 22% of the market excluding captive business.

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