Turkish refiner Tupras has awarded its latest July domestic sulphur e-tender in full at $650-804/t fca for various lot sizes. Prices overall are up by $17/t on average compared with its last tender awarded on 21 May, which ranged from $690-730/t fca.
Tupras awarded product for its Izmir and Kirikkale refineries on 23 June as follows:
- From Izmir — lots ranging from 150-800t totalling 4,400t at $728-737/t fca. Tupras initially set a floor price at $925/t fca, which was cut to $625/t fca before competitive bidding ensued.
- From Kirikkale — lots ranging from 250-750t totalling 2,850t at $650-652/t fca. Tupras' floor price for these lots was also $925/t fca, which was reduced to $778/t fca and finally to $625/t fca before competitive bids started.
Tupras additionally awarded product from its Izmit refinery late on 24 June for lots ranging from 100-1,400t at $796-804/t fca. Tupras set a floor price originally at $925/t fca, reducing it to $775/t fca and to $625/t fca before competitive bidding began.
