Tampa:
No changes were reported in the domestic market following Tampa’s recent $55/lt CFR third-quarter settlement. The new contract fell $48/lt from $103/lt CFR in the previous quarter, a 46.6% decline.
US Gulf:
US Gulf prices were unchanged at $57-$61/mt FOB.
Brazil:
Market players noted prices steady from the prior week’s $80-$90/mt CFR. The next demand surge is expected to target tons arriving in the second half of August.
Vancouver:
Prices remained at last week’s $60-$70/mt FOB. Questions surrounding the port strike at Vancouver continued to swirl, leading some to speculate that the market could tighten should the work stoppage be extended.
Alberta:
Based on both molten sulfur cargoes contracted into the US market and solid tons sold through the Vancouver export market, Alberta netbacks were estimated in the (-)$60-$0/mt FOB range, unchanged from last report.
West Coast:
West Coast prills were indicated on par with Vancouver at $60-$70/mt FOB, steady from the previous report. Third-quarter molten sulfur contracts were reported at $45-$50/lt FOB, falling from $98-$106/lt FOB in the second quarter.
China:
Prices remained at $90-$95/mt CFR. Sources noted the potential for supply concerns at China should the port strike in Vancouver continue.
ADNOC:
Abu Dhabi National Oil Co. (ADNOC) prilled sulfur contracts were noted at $65/mt for the third quarter. The most recent posted price continued at $86/mt FOB Ruwais.
Qatar:
Muntajat solid sulfur offers were posted at $63/mt FOB Ras Laffan for July, a 26.7% drop from $86/mt FOB in June.