Sulfuric Acid

US Gulf:

US Gulf import sulfuric acid prices were unchanged at $105-$110/mt CFR.

Brazil:

Prices in Brazil firmed to $120-$130/mt CFR, sources said, up from $115-$130/mt CFR at last report. Sulfuric acid values have increased worldwide following a reported 450,000 mt buying spree by OCP. The Moroccan company reportedly took volumes from both Europe and China, lifting prices by about $50/mt FOB at both locations.

Chile:

Reports of sulfuric acid production issues from Noracid have drawn Chilean buyers back to the spot market, sources said, resulting in multiple purchases in the $124-$145/mt CFR range. Annual contract prices at Chile remain unchanged at $142-$148/mt CFR. 

The business at Chile came as OCP was also noted picking up large volumes. OCP reportedly remains in the market for November loading.