Tampa:
Tampa molten sulfur contracts were valued at $76/lt CFR for the third quarter, a $5/lt decline from $81/lt CFR in 2Q.
US Gulf:
US Gulf prices were unchanged at $80-$85/mt FOB. Based on the rising Brazil market, players expect prices to lift into the $90-$95/mt FOB range in the next round of business.
Brazil:
The CMOC tender reportedly closed at $119/mt CFR, a 15.5% increase from the prior $103/mt CFR level.
Vancouver:
Vancouver prills continued in the $80-$86/mt FOB range.
Alberta:
Estimated Alberta netbacks were steady at (-)$39-$6/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 cargoes continued at $80-$86/mt FOB. Negotiations for the third-quarter contract price of molten sulfur concluded at a flat $58/lt FOB, sources noted, down from $60-$62/lt FOB in the second quarter.
China:
China sulfur prices remained at the week-ago $122-$125/mt CFR level. With phosphate producers in China continuing to offer product for export, players expect phosphate production rates to remain healthy through the near term.
ADNOC:
Abu Dhabi National Oil Co. (ADNOC) solid sulfur postings were noted at $82/mt FOB Ruwais for July, a slight increase from $80/mt FOB in June.
Qatar:
Sources reported July Muntajat prices at $81/mt FOB Ras Laffan, up $2/mt from June’s $79/mt FOB price. A selling tender announced by Muntajat was expected to draw bids around the $95/mt FOB mark, players said.