Sulfuric Acid

U.S. Gulf:

Gulf sulfuric acid import price ideas continued to be heard in the $245-$250/mt CFR range.

Gulf Coast:

Sources put Gulf Coast agreements at $85-$110/st DEL for contract-year 2021. Annual contracts were expected to increase significantly in 2022.

Midwest:

Tons delivered to the Midwest were quoted even with the Gulf Coast at $85-$110/st DEL for current-year agreements.

West Coast:

The West Coast market was quoted in the $100-$130/st DEL range for 2021.

Brazil:

Spot price ideas at Brazil were heard in the $275-$280/mt CFR range, unmoved from the prior report.

Chile:

Chile state-owned copper producer Codelco on Nov. 30 announced a planned 90-day maintenance project at the company’s Chuquicamata smelter, Reuters reported. The turnaround, slated for second-half 2022, will focus on a flash oven. It was not immediately clear if the project would impact production at the 855,000 mt/y facility.

Annual sulfuric acid import contracts at Chile were pegged in the $57-$61/mt CFR range for 2021. Recent spot indications noted above the $250/mt CFR mark were expected to drive significant increases in 2022 agreements.