21 March 2012 03:30 [Source: ICIS news]
“Liquid sulphur is offered at CNY1,700-1,760/tonne and solid sulphur is offered at CNY1,750-1,810/tonne,” the source said late on Tuesday.
The price increase applies to Sinopec’s refineries in Jiujiang,
The company’s Puguang Gas field has also increased its sulphur offers by CNY30/tonne to CNY1,660/tonne EXW (ex-works) for cargoes delivered by truck in
Sinopec’s price hikes are in line with the uptrend in sulphur prices in the
Saudi Aramco Trading has started negotiations for second-quarter contracts, with offers at $195-200/tonne FOB (free on board), which is $20/tonne higher compared with first-quarter contract values, traders said.
($1 = CNY6.32)
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