Tampa:
Third-quarter Tampa molten sulfur contracts were noted at $76/lt CFR, down 6.2% from the second quarter’s $81/lt CFR level.
US Gulf:
US Gulf sulfur firmed to $80-$85/mt FOB amid reports of hurricane-related production disruptions and strong demand from phosphate producers.
US Imports:
Sulfur imports for May moved 4.1% higher year-over-year, to 196,301 st from 188,533 st. July-May imports softened 11.3%, however, to 2.24 million st from 2.52 million st in the prior July-May. Canadian cargoes were noted at 1.22 million st in July-May, followed by Saudi Arabia with 168,985 st. Mexico moved into third place with 167,498 st, ahead of 161,345 st from Iraq.
US Exports:
May sulfur exports were 97,560 st, a 61.7% increase from the year-ago 60,331 st. Exports lifted slightly to 1.88 million st in July-May, up 0.3% from the prior 1.86 million st. Brazil took 819,322 st of US sulfur in July-May, ahead of 581,300 st to Mexico and 236,098 st to New Caledonia.
Brazil:
A 40,000 mt CMOC tender set to close this week was expected to draw offers in the $110-$125/mt CFR range. With no pricing available from the tender, the market’s latest transactions continued to be reported into Aratu and Santos at $103/mt CFR.
Vancouver:
Vancouver pricing followed China higher, to $80-$86/mt FOB from $69-$74/mt FOB at last report.
Alberta:
Alberta sulfur estimates continued at (-)$39-$6/mt FOB. Molten cargoes contracted into the US market set both the high and low prices, while solid tons selling through the Vancouver export market tracked toward the high side of the range.
West Coast:
The West Coast prill market moved up in line with Vancouver to $80-$86/mt FOB. Second-quarter molten contracts were reported at $60-$62/lt FOB. No new pricing has been reported for the third quarter.
China:
River-delivered cargoes spiked to the $122-$125/mt CFR range in China, a significant increase from last week’s $105-$110/mt CFR, with sources noting high demand from phosphate producers.
ADNOC:
Abu Dhabi National Oil Co. (ADNOC) sulfur firmed to $82/mt FOB Ruwais for July, up $2/mt from $80/mt FOB in June.
Qatar:
Muntajat offers for July were reported at $81/mt FOB Ras Laffan, rising from June’s $79/mt FOB price.