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30 September 2026 · National and international edition

Sulphur Prices Nearly Quadruple: How a Refinery By-product Exposes India's Fertiliser Import Dependence

  • Economy & Finance
  • GS-I, GS-II, GS-III
  • The Hindureported it
  • Sulphur
  • Fertiliser Subsidy
  • Nutrient Based Subsidy
  • DAP
  • Import Dependence
  • Strait of Hormuz
  • Critical Inputs

Why it is in the news

The international price of sulphur has risen nearly four-fold in a year — from $280 per tonne (July 2025) to $1,050 per tonne (July 2026) — according to data analysed by The Hindu on 30 September 2026. A commodity that is mostly a by-product of oil and gas processing has been squeezed by Russia's export ban, the West Asia war and booming demand from battery-metal processing, raising the cost of India's phosphatic fertilisers.

The exam angle

Issue: How can India secure an obscure but critical input like sulphur when its supply is a by-product of other industries and concentrated in a conflict-prone region?

Written for APPSC Group 1, TGPSC Group 1 and UPSC Civil Services. More from 30 September 2026 or all current affairs.

Sulphur Prices Nearly Quadruple: How a Refinery By-product Exposes India's Fertiliser Import Dependence · PrepShark