Corrected: Second-quarter Tampa sulphur settles up by $8/long ton

25 April 2012 20:18  [Source: ICIS news]

Correction: In the ICIS story headlined “Second-quarter Tampa sulphur settles up by $8/long ton” dated 25 April 2012, please read in the fourth paragraph … Canada-based PotashCorp and US Mosaic buy sulphur … instead of … produce sulphur …. A corrected story follows.

ANTWERP, Belgium (ICIS)--The Tampa sulphur contract price rose by $8 (€6) to reach $180/long ton cost and freight (CFR) for the second quarter, sources said on Wednesday.

The increase is a reversal from the price direction of the first quarter, when the Tampa sulphur contract fell by $48/long ton on low demand, following two consecutive quarterly rollovers.

Sulphur is a key raw material in the production of phosphate fertilizers, including diammonium phosphate (DAP) and mono ammonium phosphate (MAP).

Canada-based PotashCorp and US Mosaic buy sulphur.

($1 = €0.76)

By: Freda Gordon
44 208 652 3214

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