Codelco offers $150-170/t cfr for 2009 contract price

摘要

Uncertainty was the name of the game in the sulphuric acid market this week, with no indication as yet that buyers are prepared to accept Codelco's latest 2009 contract price offer of $150-170/t cfr Mejillones. This is the third time that Codelco has proposed a 2009 price, and sources say an agreement is necessary to establish a clear direction on sulacid prices in the region.