US Gulf:
Sources noted a recent tentative start to the fall bidding season, citing the appearance of a limited number of proposal requests in the market. Most were believed to hold off bidding for now, however, noting a desire to see where fourth-quarter Tampa sulfur contracts land, as well as to fully appreciate the effects of Hurricane Ian on the sulfur and phosphate markets before talking hard numbers.
Lacking in confirmed transactions, sources described updated vessel indications softening to the $120-$140/mt CFR range, down from $160-$180/mt CFR reported previously.
Gulf Coast:
US Gulf Coast delivered pricing for full-year 2022 contracts was reported in the $195-$280/st DEL range.
Midwest:
Annual Midwest agreements were pegged even with the Gulf Coast at $195-$280/st DEL.
West Coast:
The West Coast delivered sulacid market tracked in a reported $185-$270/st DEL range for 2022 deals.
Brazil:
Indications on vessel pricing into Brazil were reported in the $130-$150/mt CFR range, below $170-$190/mt CFR noted previously.