Abu Dhabi's state-owned Adnoc has lowered its September sulphur official selling price (OSP) for the Indian subcontinent to $960/t fob Ruwais, down from its $1,000/t fob August OSP.
Adnoc's September OSP implies a delivered price of $1,100-1,102/t cfr India, with the freight cost for a 40,000-45,000t shipment to the east coast of India last assessed at $140-142/t on 27 August.
