Spot deals reported in China and India at $93/mt CFR

摘要

The steady decrease in sulphur values in recent weeks has brought spot prices down to $93/mt CFR China and India, while a tender for crushed lump sulphur was awarded this week by IGCC at $47.10/mt FOB Bandar Abbas. While some observers feel that prices are likely to reach a floor before long, market fundamentals are generally felt to be too weak to support a price recovery in the near future.