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9
The Middle East accounts for a quarter of global sulfur production. And due to the war on Iran the sulfur price is going through the roof. (media.conspiracies.win)
posted 7 days ago by EnergyGalore 7 days ago by EnergyGalore +9 / -0
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▲ 4 ▼
– CrazyRussian 4 points 7 days ago +4 / -0

I honestly tried to understand why there is so much panic around all that negligible price hikes backed by all that stories about how one or another thing is important.

OK, Sulfur will be 25% more expensive. So what? This only means that dollar become cheaper and that's all. Sulphur prices will rise, everything using sulphur will become a little more expensive, goods become more expensive for people, people will demand higher salaries and that's all. Life is absolutely not ended if something become more expensive by 25%. It is not ended even if rise is 100% And even 1000% is no way an end of the world. Nothing actually changes, if you have an income and not living on the interest from your fiat deposit in a bank. Money just become cheaper, and that's all. You spend more money, but you get more money too. Slightly inconvenient and not very pleasant if you have some savings in money, but I can't see anything worth panic.

The only reason for panic I see is only for gamblers who play with stocks, futures and other senseless shit. Some could loose billions in a day, but other could win billions. Who cares?

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▲ 4 ▼
– EnergyGalore [S] 4 points 7 days ago +4 / -0

why there is so much panic around all that negligible price hikes

It's not only the price of sulfur going up, it's the availability. This is the hit most people haven't yet grasped: 92% of sulfur is a petroleum byproduct. So Hormuz closure doesn't just cut oil, it cuts sulfuric acid feedstock at the source. Plus sulfuric acid isn't only a mining input. it's used in semiconductor wafer cleaning. So, the same disruption that hits copper and uranium production also pressures chip fabrication chemicals. one chokepoint, three supply chains.

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▲ 2 ▼
– CrazyRussian 2 points 7 days ago +2 / -0

Hormuz closure

Hormuz is not closed. Just Israel and their shills are sanctioned.

It's not only the price of sulfur going up, it's the availability.

Sulfur is available. Yes, there will be 25% less sulfur on the market, but there is sulfur on the market. Pay higher price and no problems. If you don't want to pay higher price, then you don't really need this sulfur.

Also, there are many other options - you could mine your own sulfur from your own oil, you could use many other raw materials to get sulfur (F.e. pyrite AKA "fools gold" is FeS2 and very widespread), you could extract sulfur from garbage and so on.

Sulfur is not created on fucking exchanges and martkets. Those who really need sulfur for making things will find where to get it. May be with higher price, but as I told, price means only value of currency unit, nothing more. And value of currency unit does not change technology or production chain.

So, what's the problem? Dollar will become cheaper, some gamblers loose some billions so what?

If you can't find enough sulfur for production of necessary things, and ready to stop production just because you are too greedy to pay more or too lazy to extract it yourself, then this things are not so necessary. There will be less unnecessary things. And then again - so what?

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▲ 2 ▼
– EnergyGalore [S] 2 points 7 days ago +2 / -0

Yes, there will be 25% less sulfur on the market, but there is sulfur on the market.

The number one producer of sulfur is U.S., so you would think maybe the Americans will be happy, with prices going up. But, talk to an American farmer in Iowa and he'll tell you fertilizer is available, but 70% more expensive. Same goes for all the products that require sulfur, the farmer needs pesticides to kill insects, mites, fungi, and rodents. Up 50% ... it all adds up. So, the farmer in Iowa says to himself "why should I plant this Spring, at these prices, when I will lose money in autumn?" so, are we looking at famine not only in poor countries, but countries like USA?

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▲ 3 ▼
– CrazyRussian 3 points 7 days ago +3 / -0

But, talk to an American farmer in Iowa and he'll tell you fertilizer is available, but 70% more expensive.

So, whole US agriculture get 70% more expensive fertilizer. IDK what part of final price fertilizer is, but let's imagine product will become 35% more expensive. People will pay 35% more for food, and will demand say 10% higher salary to compensate more expensive food. And nothing change, you will just need little more dollars in country to do the exactly same things and live excatly same life.

So, the farmer in Iowa says why should I plant this Spring, at these prices, when I will lose money in autumn?

Why should farmer lose money in autumn? If this fertilizer price hike is countrywide, then all other farmers will pay higher price for fertilizer and will rise the prices in autumn. Your farmer will do the same and will get his planned profit on harvest.

Consumers will have no choice but pay more in autumn for food. Not a big deal, especially if this is known beforehand. They will demand higher salaries. Everything become more expensive if measure it in local currency. I.e. local currency become cheaper. But things will not change at all, and there is no any reason for famine.

are we looking at famine not in poor countries, but countries like USA?

Look, I live in a country where prices change often and sometimes not by funny 70%, but by 1000%. And there was no any famine.

Money is nothing. People doing their jobs are everything. If we would have been looked at fucking excahnge prices and fancy plots and paniked like you, and make decisions like you assume farmer will make, we would all be dead long ago.

Don't panic, do your job, demand required salary risie according to prices, and that's all. Moreover, often shortages is an opportunity to create a new business. Find a way to obtain a fertilizer at only 50% higher price, add your 10% and sell it at 60% more. Those farmers who had to pay 70% more, will gladly buy from you and save 10%. It's really strange to tell this to the people who are known for a high skill in enterprising.

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▲ 2 ▼
– EnergyGalore [S] 2 points 7 days ago +2 / -0

Consumers will have no choice but pay more in autumn for food. Not a big deal

It's your opinion, not mine. I believe paying more for something as essential as food IS A BIG DEAL for many people. Perhaps not as privileged as you are. Food prices have increased steeply over the last two years due to the war in Ukraine and other reasons, and now with the situation in the Persian Gulf are about to go through the roof. In my opinion food shortages and massive increases in food prices often contribute to revolutions, as seen in the French Revolution of 1789. Famine is one of the main causes of empire collapse, and population decline. For example, during the fall of the Roman Empire, the climate changed, which resulted in famines and pestilences.

Increased prices of fertilizers and pesticides affect food supply in several ways:

  • Higher production costs. Fertilizers and pesticides are energy-intensive to manufacture, so rising energy prices lead to higher production costs, which are passed on to consumers in the form of higher food prices.
  • Reduced crop yields. Farmers respond to scarce supplies by purchasing and using less fertilizer, which can negatively impact crop yields for the next harvest.
  • Supply chain disruptions. The conflict in Iran and political instability in key producing Gulf countries in the region lead to supply volatility, impacting global availability and pricing.
  • Increased food prices. If fertilizer costs rise by 50% per unit of crop output, total farm production costs increase, which is then passed on to grocery prices.

paniked like you

I don't know where you come up with this "panic" thing from? I'm simply showing here one of the negative consequences from this very destructive war on Iran. If you don't care it's your business, just don't accuse me of panicking. I'm not.

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▲ 2 ▼
– CrazyRussian 2 points 7 days ago +2 / -0

I believe paying more for something as essential as food IS A BIG DEAL for many people.

Only if wages for some reason is not allowed to grow accordingly. And this could be done only intentionally. And if you can't rise your income (demand higher salary, increase production or whatever), then there is completely another problem to discuss, obviously not a price hike.

I don't know, may be I'm used to some other way of things, but here, when we have an obvious price hike, wages are come higher accordingly, regardless of any long-term contracts or whatever deals between employer and employee. This is force-majeure situation, and everybody understand that. If employer will not compensate this inflation, employee will find another employer who will.

In my opinion food shortages and massive increases in food prices often contribute to revolutions, as seen in the French Revolution of 1789.

If price is higher and wages are at same level, then people will buy less food. Where this shortages will come from, then?

Farmers respond to scarce supplies by purchasing and using less fertilizer, which can negatively impact crop yields for the next harvest.

So, farmers look at fertilizer prices, think that they have to buy less fertilizer, know that crop will be lower, and prices will be higher, and does not want to acquire larger part of market doing opposite than all other farmers will do? How is this? Where is all that American spirit of using opportunities and making more money?

If I know beforehand that crops will be lower, and prices will be higher, what stops me from using this opportunity to produce more, sell more for higher price and cover all possible expenses on more expensive fertilizer? I will even take a loan to buy more fertilizer with cheap current interest rate, and then easily pay it back when currency become times cheaper, due to higher food prices.

I don't know where you come up with this "panic" thing from?

It's just my impression, sorry. I would never bother to make a post about some market prices rise, especially if it is just around 25%, not even talking about less.

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▲ 2 ▼
– EnergyGalore [S] 2 points 6 days ago +2 / -0

I would never bother to make a post about some market prices rise, especially if it is just around 25%

Sulfur and ammonium nitrate are commonly combined in fertilizers. Some examples of such fertilizers are:

  • UAN (urea and ammonium nitrate) + S. This is a liquid nitrogen fertilizer with sulfur that combines the positive qualities of three nitrogen fertilizers: ammonium nitrate, urea, and ammonium thiosulfate.
  • Ammonium nitrate enriched with sulfur. This is a mixture of ammonium nitrate and ammonium sulfate (30% N, 6% S).

Fertilizers containing sulfur and ammonium nitrate are used in agriculture to provide plants with nitrogen and sulfur. They are applied in the pre-sowing phase or during the autumn vegetation for wheat and rapeseed.

Just to give you an example, Russia (I guess your country) just halted ammonium nitrate fertilizer exports to prioritize domestic farmers amid the ongoing Iran conflict. It's the supply & availability of sulfur that drives the price. And we're not looking at only 25% increase, that may be just just the start.

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... continue reading thread?
▲ 1 ▼
– free-will-of-choice 1 point 7 days ago +1 / -0

it's the availability

Does nature give being free will of choice? If so, then what does nature not make available to a beings free will of choice?

EnergyGalore

If energy is galore (sufficient enough) for any power within, then why would the powers that be bring availability into question?

three supply chains

What if there's only one line (inception towards death) of supply for each being (life) within, while a beings free will of choice can be chained to one another...like one's choice to a chosen one?

If energy sets power free, then does the chaining of power require ones FREE will of choice?

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▲ 1 ▼
– free-will-of-choice 1 point 7 days ago +1 / -0

Nothing actually changes

What if few are tricking many to hold onto currency while everything changes?

Life is absolutely...It is not ended even if rise is 100% And even 1000%

How many zeros before one becomes absolute? What if one aka singularity implies absolute for each one within, while others suggest zeros to tempt ones into denial?

I can't see anything worth panic.

Because you chose to not hold onto much value...what if those who do can't see anything but panic?

Who cares?

Who carries value? How can value be carried? Does evaluation have to be carried? What carries being?

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▲ 2 ▼
– EnergyGalore [S] 2 points 7 days ago +2 / -0

Sulfuric acid is essential to extract metals from rock. Elemental sulfur is used as a component of fertilizers, for example, in the form of calcium sulfate, commonly found in nature as the mineral gypsum. However, sulfur is also used in dusts, wettable powders, liquids, or fumigant gas cartridges to kill insects, mites, fungi, and rodents. Sulfur is used in pharmaceutical skin preparations for the treatment of acne and other conditions. And of course Sulfur is used in the production of sulfuric acid, in the vulcanization of natural rubber, in black gunpowder, in detergents, and in the manufacture of phosphate fertilizers.

The market was already tight, with prices up around 500% even before the conflict. The Middle East accounts for about 24% of global sulfur production, and producers typically hold only a few weeks to two months of supply.

Without sulfuric acid, production drops.

Around 20% of global copper, more than 50% of uranium, and 30% of nickel production depend directly on it.

With critical energy infrastructure being destroyed, these shortages won’t disappear even when the Strait of Hormuz is reopened.

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▲ 2 ▼
– SmithW1984 2 points 7 days ago +2 / -0

Selling my gold and BTC and stacking sulfur. Sulfurmaxxing.

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▲ 1 ▼
– free-will-of-choice 1 point 7 days ago +1 / -0

Sulfurmaxxing

Sulfur/soufr (fire and brimstone, hellfire) from sulphur (to burn)...how about chillin' out, maxin', relaxin all cool instead?

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