Libya's NOC issues sulphur sales tender

Libyan state-owned sulphur producer NOC issued a spot tender offering an 8,000t +/- 10pc granular sulphur cargo for September lifting.

The tender is for tonnes loading at Mellitah port on 22-24 September, closing on Monday 9 September at 12:00 local time (10:00 GMT), with bids to remain valid until 10 September.

Libyan sulphur is often delivered to end-users in Egypt, given the proximity of the two countries and consequent freight advantage. That said, Egyptian consumers have been comfortable with stock levels in recent weeks with supply sourced primarily from Russia at a lower price compared with Libyan tonnes and Mediterranean sulphur.

By Jasmine Antunes