Tampa: After The Mosaic Co. and PotashCorp settled molten sulfur prices for the fourth quarter at $75/lt, down $20/lt from the previous quarter, both sides began looking toward the next quarter.
Canadian suppliers were continuing to deliver sulfur at even bigger losses than the previous quarter. Most have little choice, because they do not have the ability to block the sulfur produced from their gas operations.
As a result of the federal government’s shutdown, no refinery capacity operating rates were available last week.
U.S. Gulf: The price for Gulf prill was unchanged at $60-$65/mt FOB, but exports have fallen off during the past few months. Sources expect prices will probably decline with the next sale.
Vancouver: Prices at Vancouver were unchanged at $50-$70/mt FOB last week.
Sulfur coming from Alberta to the U.S. declined $20/lt in relation to the new Tampa molten price. About 30-50 percent of the sulfur from Syncrude production was being blocked, but sulfur going to Vancouver generally will continue to be priced in relation to that market.
Alberta sulfur destined for Vancouver was $1-$2/mt in some cases, but others were below $0/mt.
West Coast: Prices on the West Coast were still in line with Vancouver, and remained in the $53-$73/mt FOB range.
Benelux: The Benelux price range for the third quarter was $140-$155/mt. A new fourth-quarter price had not been set as of late last week.
ADNOC: The ADNOC price for October was set at $70/mt FOB, down from $80/mt FOB the previous month. The price for November was posted at $60/mt FOB.