Sulfur

Tampa:

Tampa molten sulfur contracts settled at $81/lt CFR for the second quarter, a 17.4% increase from $69/lt CFR in the first quarter. The second-quarter price will take effect on April 1.

US Gulf:

US Gulf sulfur was steady in the $80-$81.50/mt FOB range, sources said.

Brazil:

Brazil import pricing continued at $111-$114/mt CFR, with new bidding reported toward the bottom of the range.

Vancouver:   

Rising freight costs pressured Vancouver netbacks to $72-$75/mt FOB, down from last week’s $77-$80/mt FOB range.

Alberta:

Alberta netbacks were unchanged at (-)$34-$11/mt FOB, and included both molten sulfur cargoes contracted into the US market and prilled tons exported through the Vancouver export market.

West Coast:

West Coast solid sulfur prices softened in line with Vancouver, to $72-$75/mt FOB, while molten sulfur contracts were valued at $50-$55/lt FOB for the first quarter. Second-quarter negotiations are ongoing, sources said.

China:

China sulfur imports moved slightly higher, to $106-$110/mt CFR from $100-$105/mt CFR at last report.

ADNOC:

Abu Dhabi National Oil Co. (ADNOC) solid sulfur postings for March were noted at $78/mt FOB Ruwais, up 13% from $69/mt FOB in February.

Qatar:

Sources put Muntajat posted prices for March at $78/mt FOB Ras Laffan, rising from February’s $69/mt FOB offer.