U.S. Gulf:
Sources indicated softness in the Gulf import sulfuric acid market. While last-done continued to be heard in the $260-$270/mt CFR range, players expected values to drop in the next round of business, possibly to $240/mt CFR or lower, due in part to recent declines in the international sulfur markets.
U.S. Imports:
Sulfuric acid import totals firmed 18.4% in June, to 280,239 st from the year-ago 236,592 st. July-June totals stood at 3.60 million st, however, off 8.5% from the year-ago 3.93 million st.
U.S. Exports:
Sulfuric acid exports moved 56.6% higher in June, to 18,538 st from the prior year’s 11,838 st. July-June exports softened 7.6%, however, to 325,456 st from the previous 352,180 st.
Gulf Coast:
Sulfuric acid delivered by rail to US Gulf Coast locations was noted in the $195-$280/st DEL range for 2022 agreements.
Midwest:
The Midwest 2022 contract sulacid market ran even with the Gulf Coast at $195-$280/st DEL.
West Coast:
West Coast pricing was reported at $185-$270/st DEL for current-year agreements.
Brazil:
Nothing new was heard on the Brazil import sulfuric acid market, leaving prices at the last reported $270-$280/mt CFR level.