Tampa:
Fourth-quarter Tampa molten sulfur contracts were valued at $102/lt CFR, an 85% increase from $55/lt CFR in the third quarter.
US Gulf:
The US Gulf market was steady at $100-$105/mt FOB, with players focused on negotiations for 2024 contracts.
Brazil:
Brazil prices pulled back to $116.50-$123/mt CFR, down from the previous week’s $125-$135/mt CFR. A new tender from CMOC is expected to close near the bottom of the range, players said.
Vancouver:
Prices dropped to $80-$90/mt FOB, a decrease from $95-$100/mt FOB at last report. Sources pointed to high sulfur inventories at Chinese ports and reduced phosphate production rates as exerting downward pressure.
Alberta:
Alberta netbacks remained steady at (-)$13-$30/mt FOB. The range included molten sulfur cargoes contracted into the US market and prilled tons sold internationally through the Vancouver export market.
West Coast:
West Coast prills dropped to $80-$90/mt FOB, in line with Vancouver. Molten sulfur contracts for the fourth quarter were reported at $85-$90/lt FOB.
China:
Pressured by high sulfur inventories and a slowdown in phosphate production rates, China sulfur imports softened to $105-$110/mt CFR.
ADNOC:
ADNOC pricing for October was reported at $111/mt FOB Ruwais. An updated price for November is expected soon.
Qatar:
November posted prices for Muntajat sulfur fell 5.77%, sources said, to $98/mt FOB Ras Laffan from $104/mt FOB in October.