CMOC issues buy tender for sulphur to Brazil
The Brazilian operation of Chinese metals producer and sulphur consumer CMOC issued a tender to buy 40,000 metric tonnes (t) of sulphur for late October delivery at the Santos port's Tiplam terminal.
The tender closes for offers on 3 September.
The buyer last awarded a tender closed on 10 July for 40,000t of sulphur to arrive in September at Santos' Termag terminal priced at $119/t cfr. Other buyers have since bought spot tonnes in a higher spot market during August for September-October arrival priced between high $130s/t and low $140s/t cfr.
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