U.S. Gulf:
Price ideas on sulfuric acid delivered to the U.S. Gulf were reported in the $190s/mt CFR. Actual values were potentially even higher, sources speculated, with bids in the upper-$190s/mt to low-$200s/mt CFR likely required to lure a spot vessel to the Gulf.
Gulf Coast:
Deliveries to the U.S. Gulf Coast market were noted in the $85-$110/st DEL range for 2021 contracts.
Midwest:
The Midwest sulacid market was even with the Gulf Coast at $85-$110/st DEL.
West Coast:
West Coast agreements continued at $100-$130/st DEL for 2021, sources said.
Brazil:
Sources noted Brazil imports steady in the $195-$200/mt CFR range for the week.
China:
The China Smelters Purchase Team (CSPT), which represents a consortium of China’s largest copper smelting entities, on June 25 set a third-quarter treatment and refining charge (TC/RC) floor of $55/mt and $0.055/lb, Reuters reported.
The CSPT neglected to set a TC/RC price for the second quarter during a period of plummeting worldwide refining charges. The group’s first-quarter floor was noted at $53/mt and $0.053/lb.