U.S. Gulf:
Sources noted ongoing tight supply conditions on the international sulfuric acid markets. Despite price ideas heard at a minimum $170-$175/mt CFR, sources predicted bids in the $190s/mt CFR or higher in the current market.
U.S. Imports:
Sulfuric acid imports for April firmed 24.2 percent, to 356,630 st from the prior year’s 287,245 st. July-April totals stood at 3.38 million st, up 16.2 percent from the year-ago 2.91 million st.
U.S. Exports:
Sulfuric acid exports totaled 27,550 st in April, a 19.8 percent decrease from the year-ago 34,361 st. July-April exports stood at 306,021 st, however, up 47.3 percent from the prior year’s 207,695 st.
Gulf Coast:
Gulf Coast contracts were called $85-$110/st DEL, unchanged from the prior report.
Midwest:
Sulacid delivered to Midwest buyers was quoted even with the Gulf Coast at $85-$110/st DEL.
West Coast:
The West Coast annual market continued to be quoted at $100-$130/st DEL, unmoved from one week earlier.
Brazil:
Brazil imports remained in the $190-$195/mt CFR range, market watchers said.