Tampa:
Tampa molten sulfur contracts were valued at $102/lt CFR for the fourth quarter, an 85% increase on $55/lt CFR in the third quarter.
US Gulf:
The US Gulf market fell to $72-$77/mt FOB, down from last week’s $80-$85/mt FOB. Growing inventory levels reported from a number of export origins contributed to softness in the Gulf, sources said.
Brazil:
Brazil prices slipped to $104-$110/mt CFR, off from $108-$115/mt CFR at last report.
Vancouver:
Vancouver export prices slid to $75-$80/mt FOB, below the week-ago $78-$85/mt FOB. The ongoing slowdown in the Panama Canal is reportedly limiting potential export destinations from Vancouver, as some buyers are unwilling to risk delays.
Alberta:
Estimated Alberta netbacks were unchanged at (-)$13-$30/mt FOB. The range included both molten sulfur cargoes contracted into the US market and solid tons sold internationally through the Vancouver export market.
West Coast:
Prilled sulfur loading from the West Coast softened to the $75-$80/mt FOB range, falling from $78-$85/mt FOB at last report. Molten sulfur contracts were valued at $85-$90/lt FOB for loading in the fourth quarter.
China:
China export prices declined to $102-$105/mt CFR, down from last week’s $105-$110/mt CFR range. Market players expect prices to continue on a downward trajectory through the short term.
ADNOC:
December pricing from Abu Dhabi National Oil Co. (ADNOC) was posted at $87/mt FOB Ruwais, a 13% decrease from $100/mt FOB in November.
Qatar:
Muntajat prices were posted at $85/mt FOB Ras Laffan for December loading, below the $98/mt FOB posting for November. Qatar’s December offer is too high for the current market, players argued.