U.S. Gulf: The U.S. Gulf import market was noted in a range of $45-$50/mt CFR for the week, unchanged from last report. Acid sales quoted at $5-$10/mt FOB from Northwest European smelters informed current Gulf levels, along with Atlantic freight quoted at $35-$40/mt.
Market players put cargoes to Brazil in the $45-$55/mt CFR range, with Chilean buyers seeing tons at $55-$65/mt CFR.
Acid delivered to the Gulf domestic market was called in a range of $90-$95/mt DEL, while tons headed for the Midwest were said to command $80-$90/mt DEL. Cargoes bound for the West Coast saw prices in the $110-$115/mt DEL range, sources said.
Trading on the London Metal Exchange was down for the week, with aluminum, copper, lead, nickel, and zinc closing lower on July 27 than the week before.
Aluminum fell to $1,584.00/mt from $1,609.00/mt a week earlier, and copper was logged at $4,869.50/mt, down from $4,900.50/mt at last report. Lead was $1,806.00/mt, down from $1,823.00/mt the week before, and nickel slipped to $10,360.00/mt from $10,445.00/mt the week before. Zinc fell to $2,212.00/mt from $2,232.00/mt one week earlier.