U.S. Gulf: Excessive length in the Pacific region has recently spilled into the Atlantic, sources said, increasing supply and kneecapping the price of sulfuric acid vessels imported to the Gulf of Mexico.
Prices from European smelters were called in a range of $25-$30/mt FOB. Combined with Gulf shipping rates in the low-to-mid $40s/mt, industry insiders called the current market $70-$75/mt CFR, a decline from $75-$90/mt CFR in the previous report.