Argentina: Meranol likely to buy 10,000 mt in May for July

摘要

Argentinian buyer Meranol is expected to enter the market in May for around 10,000 mt of sulphur for July delivery, though it may attempt to secure the tonnes earlier. Although the buyer may benefit somewhat from the relatively low current price environment, much of its final CFR level will depend on freight rates given its location and the quantity it seeks.