Tampa:
Fourth-quarter Tampa contracts were valued at $102/lt CFR, an 85% increase from $55/lt CFR in the third quarter.
US Imports:
Sulfur imports for October softened 21.8% year-over-year, to 173,655 st from 222,081 st. Imports were 860,096 st for July-October, down 7.4% from 928,463 st in the year-ago period. Cargoes loading from Canada totaled 434,862 st in July-October, while Saudi Arabia shipped 109,281 st. Mexico sent 65,285 st, ahead of 61,583 st from Iraq.
US Exports:
Sulfur exports firmed 5.8% in July-October, to 835,013 st from the year-ago 789,049 st. October shipments were 248,148 st, however, off 7.9% from 269,339 st in October 2022. Brazil took 279,088 st of US sulfur in July-October, ahead of 226,962 st to Mexico. Morocco purchased 135,181 st, and New Caledonia took 120,229 st.
US Gulf:
The US Gulf sulfur market softened 7%, to $66-$72/mt FOB from $72-$77/mt FOB at last report. Players continued to report soft sentiment in the market.
Brazil:
Prilled sulfur in Brazil slipped to $98-$104/mt CFR, down from $104-$110/mt CFR in the previous week.
Vancouver:
Vancouver solid sulfur prices continued at $75-$80/mt FOB.
Alberta:
Alberta netbacks were steady at (-)$13-$30/mt FOB, unchanged from one week earlier. The range included molten sulfur cargoes contracted into the US market and solid tons sold through the Vancouver export market.
West Coast:
West Coast prills remained in line with Vancouver at $75-$80/mt FOB. Molten sulfur contracts were reported at $85-$90/lt FOB for loading in the fourth quarter.
China:
Import prices held steady in China at $102-$105/mt CFR. Fertilizer export restrictions are expected to continue until May.
ADNOC:
Abu Dhabi National Oil Co. (ADNOC) prills were posted at $87/mt FOB for December, down 13% from $100/mt FOB in November.
Qatar:
Muntajat sulfur prices for December loading were reported at $85/mt FOB Ras Laffan, a 13.3% decline from November’s $98/mt FOB offer.