Vancouver FOB surpasses $500/t FOB

Yesterday, Acuity's Vancouver FOB spot assessment surpassed $500/t FOB for the first time in our 10-year history. This means the only time it was higher was in 2008! 

Meanwhile, negotiations around the Tampa molten sulphur quarterly contract price for 1Q are slowgoing. The sell side is watching ongoing global price increases to support a significant increase from the 4Q25 level of $310/lt DEL. The buy side is pointing to unworkable economics with the DAP Nola barge price currently around $625/st FOB at present. If the benchmark settles at over $481/lt DEL, it will be the highest since 3Q08, before moving down to $0/lt DEL by 1Q09 due to demand destruction.