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North American During the second quarter of 2024, the North American sulphur market displayed mixed trends. In the first half of the quarter, the market exhibited a bullish momentum. The U.S. sulphur market faced challenges due to high inflation and the looming threat of a strike by the Canadian National Railway, which disrupted supply chains and pushed the sulphur market into a bullish scenario. Additionally, the ongoing planting season heightened demand from the downstream agrochemical sector, contributing to a supply shortage of sulphur. However, the second half of the quarter marked a shift towards a declining trend. This downturn can be attributed to several key factors, primarily a significant oversupply of sulphur, which was exacerbated by high refinery throughputs and substantial inventory levels. Despite attempts to stabilize the market, demand from the agrochemical sector slowed due to the summer fertilizer off-season. In the U.S., market prices fell by 7% c...