Turkish refiner Tupras on 28 April awarded part of its e-tender offering small lots for May-loading sulphur at $428-496/t fca, down by $205/t on average from the previous tender on 24 March at $662-672/t fca.
Tupras made awards from its refineries as follows:
- From Izmir — 5,000t of sulphur in bulk, liquid or in big bags in lots ranging from 150-800t at $493-496/t fca. Tupras opened bids at $800/t fca before lowering the opening price to $400/t fca.
- From Kirikkale — 3,500t of sulphur in lots ranging from 400-950t at $428-431/t fca.
- The Izmit refinery tender of 18,000-19,000t of sulphur in various lots was reportedly cancelled due to low prices.
Low prices were expected in the tender in light of a recent sulphur export ban in Turkey limiting suppliers to the domestic market.
