US Gulf:
With no changes reported, sources continued to estimate the US Gulf spot market in the $55-$65/mt CFR range.
US Imports:
July-May sulfuric acid imports softened 5.1% year-over-year, to 3.14 million st from 3.32 million st. May imports were 291,964 st, however, up 6.4% from the year-ago 274,300 st. July-May imports from Canada totaled 1.82 million st, followed by Mexico with 627,123 st. Spain sent 246,952 st.
US Exports:
Sulfuric acid exports for May stood at 18,594 st, falling 42.0% from the year-ago 32,049 st. July-May exports totaled 842,128 st, however, up 174.4% from 306,918 st logged in the previous July-May. July-May exports to Mexico totaled 535,211 st, ahead of 148,022 st to Canada. Saudi Arabia took 112,647 st.
Brazil:
Despite reports of length beginning to appear in the Northwest Europe market, Brazil prices remained at $70-$75/mt CFR, unchanged from last week. Players continued to describe balanced fundamentals in Brazil.