Middle East: Further sources report Q4 settlements in $40s/t FOB

摘要

Additional sources reported settlements on contracts for sulphur exports from the Middle East for supply to traders in the fourth quarter of 2019 around $48/t FOB, representing steep decreases from Q3, though confirmation has not yet been received from the sell side. Sellers were reportedly seeking prices in the upper $50s/t FOB at first and were met with counters from traders in the $40s/t FOB, with settlements reached around $48/t FOB.