US Gulf:
Price ideas in the Gulf softened to $65-$80/mt CFR, depending on specification. Supply increases from the return of domestic sulfuric acid plants from production outages were reported pressuring both the Gulf and potential imports from Europe.
Brazil:
No changes were reported for the week, leaving price ideas around $65-$90/mt CFR.
Chile:
There were reports of two distressed vessels sold into the market at sub-$100/mt CFR levels, below the 2023 contract price of $142-$148/mt CFR.