U.S. Gulf: Pricing from a pair of December cargoes, coupled with two more slated for January 2015 arrival, prompted market watchers to declare a contraction in the Gulf sulfuric acid market.
Freight rates to the Gulf from European smelters were put in the low-to-mid $40s/mt, pointing to CFR prices in the $70s/mt, a decrease from $75-$85/mt CFR at last report.