Saudi Aramco sets September sulphur price at $74/tonne FOB

Sylvia Traganida

31-Aug-2016

LONDON (ICIS)–Saudi Aramco Trading has set its September sulphur price at $74/tonne FOB (free on board) Jubail, market sources confirmed on Wednesday.

The September price represents an $8/tonne increase from August.

Last week, Saudi Aramco was heard to have sold 45,000 tonnes of sulphur at $75/tonne FOB for 20-30 September loading in Jubail for China.

This news follows an announcement from the Abu Dhabi National Oil Company (ADNOC), which set its official selling price (OSP) for September sulphur shipments to India at $77/tonne FOB Ruwais, a $7/tonne increase from August.

Qatar International Petroleum Marketing Company (Tasweeq) has also increased its Qatar Sulphur Price (QSP) for September by $9/tonne to $74/tonne FOB Ras Laffan.

READ MORE

Global News + ICIS Chemical Business (ICB)

See the full picture, with unlimited access to ICIS chemicals news across all markets and regions, plus ICB, the industry-leading magazine for the chemicals industry.

Contact us

Partnering with ICIS unlocks a vision of a future you can trust and achieve. We leverage our unrivalled network of industry experts to deliver a comprehensive market view based on independent and reliable data, insight and analytics.

Contact us to learn how we can support you as you transact today and plan for tomorrow.

READ MORE