Europe: Spot assessment unchanged but declines likely

摘要

The spot prices assessment for sulphuric acid cargoes from Europe was again unchanged at $10-20/t FOB Northwest Europe on an indicative basis, with no new sales confirmed for several weeks, though most market participants believed real achievable prices were well below this. A recent distressed cargo was heard concluded from Huelva to Beaumont in the $40s/t CFR, which would likely net back to a single-digit FOB at best.