North Africa: OCP Q2 fully settled at $80-98/t CFR

摘要

Contracts for sulphur supply to North Africa in the second quarter of 2019 have been fully settled in a range from around $80/t CFR to the high $90s/t CFR, with most volumes towards the upper end of the range, according to buyer OCP. At the low end of the range, agreements on supply from the Mediterranean region were settled around $80/t CFR, though some market sources suggested that while this was the level being sought by the buy side, the supplier was seeking something closer to $80/t FOB. Confirmation has not yet been received from the supply side.