Abu Dhabi's Adnoc raises Sep sulphur price by $23/t

: Fertilizers
24/09/04

Abu Dhabi's state-owned Adnoc set its September official sulphur selling price for the Indian subcontinent at $130/t fob Ruwais, up by a substantial $23/t on its August OSP.

Adnoc's September OSP implies a delivered price of $153-154/t cfr India, with the freight cost for a 40,000-45,000t shipment to the east coast of India last assessed at $23-24/t on 29 August.

Fellow regional sulphur marketer Muntajat/Qatar Energy on 29 August announced its September sulphur price at a slightly lower level at $125/t fob, up by $19/t on July's OSP.

By Maria Mosquera

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