Tampa:
Third-quarter Tampa molten contracts remained unsettled during the week. Market rumors focused on a possible $30-$40/lt drop from the second-quarter price of $103/lt CFR, with a settlement expected a few weeks into July.
US Gulf:
Market players reported prices in a $55-$60/mt FOB range, narrowing from last week’s $55-$65/mt FOB. Sources described the market as balanced.
Brazil:
Market players expect the next shipment to Brazil to arrive in the second half of August. Prices were estimated at $75-$85/mt CFR, a drop from the week-ago $80-90/mt CFR. One buyer is reportedly pushing for prices in the low $70s/mt CFR, while calculations based on current Arab Gulf values put prices in the $90s/mt CFR Brazil.
Vancouver:
Vancouver prices declined to $60-$70/mt FOB, sources said, off from $65-$70/mt FOB reported last.
Alberta:
Based on both molten sulfur cargoes contracted into the US market and prilled material sold internationally through the Vancouver export market, Alberta sulfur netbacks were estimated in a (-)$12-$33/mt range, steady from the prior report.
West Coast:
West Coast prills softened in line with Vancouver, to $60-$70/mt FOB.
Molten sulfur contracts for loading in the second quarter were reported at $98-$106/lt FOB, falling from $125-$135/lt FOB in the prior period.
China:
Prices at China continued to retract. Sources reported the market’s latest transactions around $80-$85/mt CFR, compared to $80-$90/mt CFR at last check.
ADNOC:
Abu Dhabi National Oil Co. (ADNOC) prilled sulfur contracts were reported at $65/mt FOB Ruwais for the third quarter. June postings were reported at $86/mt FOB. An updated price for July is expected soon.
Qatar:
Muntajat solid sulfur was posted at $63/mt FOB Ras Laffan for July, a 26.7% drop from $86/mt FOB in June.