LION GLOBAL – STRATEGIC MARKET BRIEFING AND OPTION NOTICE Subject: Price Volatility in the Global Sulphur Market and Current Option Status
Dear Business Partners,
At Lion Global, we believe that our commercial relationships are built not only on numbers, but also on mutual trust and transparency. In line with our “Honest Trader” discipline, we consider it our responsibility to share with you developments beyond the visible surface of the market.
As you are aware, the sulphur market has entered 2026 with significant momentum. ADNOC (Abu Dhabi), one of the global benchmark price setters, has increased its Official Selling Price (OSP) for January by USD 25 to USD 520.00/MT FOB. Reports published by independent authorities such as Argus confirm that prices have reached their highest levels of the past three years. This development represents not only a cost increase, but also a clear signal of tightening conditions within the global supply chain.
We would like to draw the attention of all buyers who have recently received price quotations from Lion Global or are currently in the operational preparation phase to the following critical points:
7–10 Day Critical Threshold:
Current market data and our in-depth analyses indicate that prices are likely to accelerate toward a new and higher equilibrium level within the next 7–10 days.
Option Validity:
In order to preserve the offered price and allocation opportunities, transactions must be formalized through ICPO / Contract / Financial Instrument no later than 12 January 2026, within the scope of the option provided.
Capital Protection:
After this date, due to increasing market volatility, it will unfortunately not be possible to guarantee current price levels. Finalizing your transactions within this timeframe will be a strategic step to protect your company’s budget planning and profit margins.
As Lion Global, we stand firmly behind both our product and our word, as we always have. Our objective is to ensure that you are affected as minimally as possible by the upcoming cost increases, while maintaining a sustainable and long-term partnership.
Thank you for your understanding and cooperation.
