U.S. Gulf: Sulfuric acid imported by vessel into the Gulf of Mexico was expected to fall in the $40-$45/mt CFR range, sources said.
The price ideas were based on recent sales into Brazil, including a 16,000 mt tender awarded in the “high-$40s/mt CFR” to a European exporter. Sources called the Brazil acid market in a $45-$50/mt CFR range, up from $40-$50/mt CFR at last report. Cargoes to Chile were $55-$60/mt CFR, up from $50-$60/mt CFR noted previously.
Offers from smelters in Northwest Europe firmed to a range of $5-$15/mt FOB, up from $5-$10/mt FOB, reflecting what sources described as limited supply.
Domestic market players quoted West Coast deliveries in the $105-$110/mt DEL range, flat from pre-holiday levels, while tons offered into the U.S. Gulf region carried $85-$90/mt DEL pricing. Midwest material was quoted at $80-$85/mt DEL.