09 January 2013 12:54 [Source: ICIS news]
LONDON (ICIS)--Reliance Industries has held a sales tender for 25,000 tonnes of granular sulphur, a trader said on Wednesday.
The India-based petrochemical major closed the sulphur tender on 9 January, the trader added.
The cargo is for 5-11 February loading from the Indian port of Sikka.
The sulphur producer last sold an export cargo at $150/tonne (€114/tonne) FOB (free on board) to a trader under its 6 December 2012 sales tender for shipment to the port of Richard’s Bay, South Africa in January 2013.
Sulphur prices from Sikka have been steadily declining for months on the back of global weakness.
($1 = €0.76)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections