Europe: Q4 contract talks continue

摘要

Negotiations continued for European sulphur contracts for the fourth quarter, with some decrease considered likely, though the scale is disputed. Buyers are seeking for a fall of around $15/mt from Q3 levels, but sellers are hoping to only concede a single digit decrease. Most global sulphur contracts for Q4 are expected to settle at similar levels to Q3, but European buyers argued that the current discrepancies between European prices and those elsewhere across the globe suggested that their prices should decrease further.