22 October 2013 00:16 [Source: ICIS news]
HOUSTON (ICIS)--US Gulf sulphur exports are expected to total 61,000 tonnes in October, in line with 63,000 tonnes last month and up from 37,000 tonnes last October, according to the latest ICIS PentaSul survey.
Some 46,000 tonnes are expected to ship out from the Beaumont in two vessels, and 15,000 tonnes were loaded at the Galveston terminal, both in Texas. No tonnes were loaded for The River Sulphur Factory in Faustina, Louisiana.
Beaumont shipments are down almost 27% from 63,000 tonnes in September, and neither the Galveston terminal nor the River Sulphur factory loaded any tonnes last month.
October is expected to be the fourth largest shipping month of the year, the survey said. September was the third highest.
US Gulf sulphur exports from January through October are up 9% year on year, according to the survey.
Sulphur prices have collapsed in 2013, with fourth-quarter Tampa and Vancouver contracts both settling in October at less than half their price last year.
Vancouver settled on Monday at $60-70/tonne (€44-51/tonne), while Tampa settled on 11 October at $75/tonne.
($1 = €0.73)
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