U.S. Gulf:
Nothing new was reported on the week’s Gulf import sulfuric acid vessel market, leaving pricing in the $265-$270/mt CFR range.
U.S. Imports:
March sulfuric acid imports totaled 361,369 st, rising 12.6% from the year-ago 320,921 st. July-March volumes were noted at 2.66 million st, however, an 11.8% decline from the year-ago 3.02 million st.
U.S. Exports:
Sulacid exports fell 15.8% in July-March, to 234,563 st from the year-ago 278,471 st. Shipments were noted at 23,905 st for March, off 84.1% from the year-ago 150,734 st.
Gulf Coast:
A reported $50/st increase applied to annual contracts with a quarterly adjustment clause stretched 2022 Gulf Coast sulfuric acid contracts to a wide $195-$280/st DEL range, players said. The market was previously reported at $195-$230/st DEL.
Midwest:
Material delivered to locations in the Midwest kept pace with the Gulf Coast, firming to $195-$280/st DEL for contract-year 2022, sources said. Previously, Midwest contracts were reported at $195-$230/st DEL.
West Coast:
Sources quoted annual West Coast agreements adjusting up to $50/st higher, to $185-$270/st DEL from $185-$220/st DEL in the prior report.
Brazil:
Recent Brazil spot imports continued to be heard in the $275-$280/mt CFR range, unchanged from week-ago levels.