U.S. Gulf:
Snug nearby supply supported ammonium sulfate barge pricing at $675-$695/st FOB NOLA, sources said, unmoved from week-ago levels.
Eastern Cornbelt:
The granular ammonium sulfate market jumped to $715-$760/st FOB in the Eastern Cornbelt, depending on location.
AdvanSix announced a $50/st increase for ammonium sulfate on April 1, with new granular postings in Illinois and Wisconsin firming to $740-$745/st FOB and mid-grade moving to $680/st FOB. The company’s rail-DEL postings in Illinois and Wisconsin jumped to $750/st for granular and $690/st for mid-grade.
Western Cornbelt:
The ammonium sulfate market was pegged at $710-$740/st FOB in the Western Cornbelt, up another $15-$20/st from last report, with the low confirmed at St. Louis.
AdvanSix’s April 1 ammonium sulfate postings included $755/st FOB Sioux City, Iowa, with rail-DEL tons in Iowa and Minnesota posted at $750/st for granular and $690/st for mid-grade.
Southern Plains:
Granular ammonium sulfate pricing jumped to $700/st FOB Catoosa/Inola, up $35/st from last report. The Houston market covered a broad range at $580-$650/st FOB in early April.
South Central:
Ammonium sulfate prices were up in the South Central region, stretching from a low of $685-$690/st FOB Memphis to a high of $730/st FOB Shreveport and Little Rock.
Southeast:
Effective April 1, ammonium sulfate postings from AdvanSix FOB Hopewell, Va., firmed to $670/st for granular, $630/st for mid-grade, and $610/st for standard, up from the company’s last postings of $620/st for granular, $590/st for mid-grade, and $570/st for standard on March 14.
Delivered ammonium sulfate pricing in the Florida market was quoted at $635/st for standard and $735/st FOB for granular, up $50/st from last report.
China:
Prices out of China from standard caprolactam-grade amsul remained at $390-$400/mt FOB. A small cargo of compacted amsul was sold at $435-$445/mt FOB.Buyers continue to look to amsul as a substitute for urea. The attraction is not only the cheaper price, but also the fact that exports from China have not been restricted in the same way as urea.
Thailand:
Imports of ammonium sulfate in Thailand showed a sharp drop. January-February 2022 imports were reported by Trade Data Monitor at 7,000 mt, down from 31,000 mt imported during the same period in 2021.
February 2022 imports were reported at 5,500 mt, up from the 2,600 mt imported in February 2021. China supplied 4,700 mt of the February 2022 tonnage.
Turkey:
Imports of ammonium sulfate for January-February 2022 were reported at 301,000 mt by Trade Data Monitor, more than double the 147,000 mt imported during the same period of 2021.February 2022 imports were reported at 152,000 mt, also a dramatic rise from the 85,000 mt imported in February 2021.
Brazil:
Brazilian sources reported no shift in pricing for granular amsul at $500-$505/mt CFR. Asian sources, however, reported a sale of 3,000 mt to a Brazilian buyer with a price topping off at $495/mt CFR. Both groups agreed the top price of $505/mt CFR is probably related to older deals, and that the price seems to be softening.
Pricing in Rondonopolis remained stable at $700/mt FOB ex-warehouse.