Tampa:
Negotiations for the second-quarter Tampa molten sulfur contract have begun, sources said. Some players are expecting an increase on the first quarter’s $69/lt CFR contract.
US Gulf:
US Gulf sulfur prices were steady in the $69-$71/mt FOB range. Sources continue to report a well-balanced market.
Brazil:
Brazil import sulfur pricing continued at $95-$100/mt CFR for the last reported business. Rising prices are expected in the next round of deals.
Vancouver:
Vancouver prilled sulfur was reported at $77-$80/mt FOB, rising from the week-ago $65-$68/mt FOB, reflecting both firmer prices out of China and an expectation of higher consumption for phosphate production.
Alberta:
Alberta netbacks were unchanged at (-)$46-(-)$1/mt FOB, and included both molten sulfur cargoes contracted into the US market and prilled tons exported through the Vancouver market.
West Coast:
West Coast solid sulfur prices were noted in line with Vancouver at $77-$80/mt FOB. Molten sulfur contracts stood at $50-$55/lt FOB for loading in the fourth quarter.
China:
China import sulfur prices continued at the week-ago $100-$105/mt CFR level.
ADNOC:
Abu Dhabi National Oil Co. (ADNOC) solid sulfur postings for February were noted at $69/mt FOB Ruwais, down 10.4% from $77/mt FOB in January.
Qatar:
Sources noted February Muntajat prices at $69/mt FOB Ras Laffan, off 6.8% from January’s $74/mt FOB offer.