Brazilian spot prices remain pegged at $155-160/mt CFR following recent business in this range. Brazilian contract levels for Q3 have yet to be confirmed by negotiating parties. New sulphur cargoes on vessel arrivals lists included 35,499 mt for Anglo American at Santos’s Termag terminal on the Arietta from Qatar via Nitron and 35,000 mt for Vale at Rio Grande’s Tiplam terminal on the Sky Magnolia from Ust-Luga via Trammo. These have ETAs of July 21 and 22 respectively.
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