Tampa:
Negotiations for fourth-quarter Tampa molten sulfur contracts were rumored to kick off during the week. Sources speculated on a landing spot in the $105-$120/lt CFR range, reflecting firmer international prices since the start of the third quarter.
Contracts were reported at $76/lt CFR for 3Q, a 6.2% decline from $81/lt CFR in the second quarter.
US Gulf:
US Gulf sulfur prices lifted to $115-$120/mt FOB, up from the week-ago $105-$115/mt FOB on fresh business into Brazil and demand for small lots from Central America.
Brazil:
The Brazil market firmed to $140-$143/mt CFR, an increase from last week’s $135-$140/mt CFR, with a new CMOC tender reported closing at the top of the range.
Vancouver:
The Vancouver solid sulfur market continued at the week-ago $105-$110/mt FOB level.
Alberta:
Alberta sulfur netbacks were unchanged at (-)$39-$40/mt FOB. Molten tons contracted in the US market were noted at the bottom of the range, while Vancouver set the high.
West Coast:
Prilled sulfur loading from the West Coast was steady at $105-$110/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 sulfur import market was reported at $140-$146/mt CFR, unchanged from last week.
ADNOC:
Abu Dhabi National Oil Co. (ADNOC) sulfur was posted at $130/mt FOB Ruwais for September, up 21.5% from $107/mt FOB in August.
Qatar:
Sources put the September Muntajat price at $125/mt FOB Ras Laffan, a $19/mt increase from August’s $106/mt FOB posting.