Tampa:
Fourth-quarter Tampa molten sulfur contracts were valued at $102/lt CFR, up 85% from $55/lt CFR in the third quarter and nearly matching the 2Q price of $103/lt CFR.
US Gulf:
The US Gulf market continued at $100-$105/mt FOB, with market players reportedly focused on negotiating contracts for the upcoming year.
Brazil:
Sources confirmed numerous Brazil spot transactions in the $125-$135/mt CFR range, off from the week-ago $130-$135/mt CFR. A single cargo rumored to change hands below $125/mt CFR went unconfirmed on Oct. 26.
Vancouver:
Prices remained stable at $95-$100/mt FOB, with most business falling toward the lower end of the range. Players reported closely monitoring China’s climbing sulfur inventories.
Alberta:
Alberta netbacks were steady at (-)$13-$30/mt FOB. The range included molten sulfur cargoes contracted into the US market and solid tons sold through the Vancouver export market.
West Coast:
West Coast prilled spot pricing mirrored Vancouver at $95-$100/mt FOB. Molten sulfur contracts were reported at $85-$90/lt FOB for loading in the fourth quarter.
China:
Import prices at China were noted at $118-$125/mt CFR, falling from the previous $125-$130/mt CFR. High port sulfur inventories that were reportedly nearing 3 million mt during the week are exerting downward pressure on the market.
ADNOC:
Solid sulfur produced by the Abu Dhabi National Oil Co. (ADNOC) was priced at $111/mt FOB Ruwais for October.
Qatar:
October sulfur prices from Muntajat were steady at $104/mt FOB Ras Laffan, sources said.