Tampa:
Tampa molten sulfur contracts were reported at $76/lt CFR for the third quarter, a 6.2% decline from $81/lt CFR in 2Q.
US Gulf:
US Gulf sulfur prices lifted to $105-$115/mt FOB from the week-ago $100-$110/mt FOB. Citing potential Brazil netbacks in the $115-$120/mt FOB range, players expect prices to continue rising ahead of an anticipated CMOC tender in Brazil.
Brazil:
The Brazil market continued at $135-$140/mt CFR, sources said. Players are awaiting a new round of purchases, including a likely tender from CMOC.
Vancouver:
Vancouver prilled sulfur exports firmed to the $100-$105/mt FOB level, up from $95-$100/mt FOB at last report.
Alberta:
Alberta sulfur netbacks firmed to (-)$39-$35/mt FOB on rising prices in the Vancouver market, with molten tons contracted in the US market establishing the bottom of the range and Vancouver setting the highs.
West Coast:
Sulfur loading from the West Coast followed Vancouver to $100-$105/mt FOB. Third-quarter molten sulfur contracts were noted at $58/lt FOB, down from $60-$62/lt FOB in the second quarter.
China:
The China import sulfur market was reported at $135-$140/mt CFR, rising from $132-$137/mt CFR at last report and priced above domestic pricing noted at a $133/mt CFR equivalent. Prices were reported significantly higher into South Asia, at $150-$159/mt CFR India.
ADNOC:
Market players are awaiting new Arab Gulf sulfur postings for September, expecting levels to firm above the $125/mt CFR mark based on recent international business.
Abu Dhabi National Oil Co. (ADNOC) sulfur was posted at $107/mt FOB Ruwais for August, up 30.5% from $82/mt FOB in July.
Qatar:
Sources reported the Muntajat posted price for August at $106/mt FOB Ras Laffan, a $25/mt increase from July’s $81/mt FOB posting.