Eastern Cornbelt:
Sources continued to report extremely tight ammonium thiosulfate supplies, with at least one regional supplier reportedly forced to declare force majeure due to production issues, strict allocations, and a lengthy backlog of orders. Sources pegged the Eastern Cornbelt market in a very wide range at $320-$400/st FOB in early May.
IOC on May 3 moved its ammonium thiosulfate reference price up $50/st, to $400/st FOB Ohio River terminals.
Western Cornbelt:
Sources described the ammonium thiosulfate market as completely sold out in the region in early May, with the last confirmed offers in the $310-$330/st FOB range. IOC on May 3 raised its Houston reference price to $300/st FOB, up $35/st from the last posting at that location.
Northern Plains:
Sources reported no current ammonium thiosulfate pricing in the Northern Plains in early May, with prompt tons reportedly sold out and unavailable.
Eastern Canada:
Several sources described ammonium thiosulfate inventories in Eastern Canada as essentially sold out for spring, with the last available tons quoted at C$460-$480/mt FOB, up C$53/mt at the low end of the range.
“We have had and are still experiencing a shortage on ATS as early demand exceeded expectations, but supply is improving now that wheat is done,” said one source.