U.S. Gulf:
Amid a quiet week of trading, a reported $10/st drop in firm offers pushed NOLA ammonium sulfate barges to the $665-$685/st FOB range, players said, down from the week-ago $675-$695/st FOB.
Eastern Cornbelt:
The granular ammonium sulfate market was quoted in a broad range at $725-$760/st FOB in the Eastern Cornbelt, depending on location, with both the high and low confirmed at Cincinnati.
Western Cornbelt:
Ammonium sulfate pricing was pegged in a broad range at $680-$740/st FOB in the Western Cornbelt, with the high confirmed in Iowa. St. Louis pricing fell in the $680-$705/st FOB range during the week, depending on supplier.
California:
The ammonium sulfate market was quoted at $700-$715/st FOB in California, up another $15-$25/st from last report. Spot pricing in early May included $700-$705/st FOB Lathrop, $705/st FOB Woodland and Richvale, and $715/st FOB Helm.
Pacific Northwest:
Standard grade ammonium sulfate pricing remained referenced at the $620/st FOB or DEL level in the Pacific Northwest. Granular pricing ranged broadly at $670-$755/st FOB and $685-$760/st DEL, depending on supplier.
Western Canada:
The Western Canada ammonium sulfate market was pegged at C$925-$950/mt DEL for limited tons. “Truck availability is tight,” commented one source.
China:
Ammonium sulfate prices in China remained in the $320s/mt FOB. However, sources said stepped up demand from Southeast Asian and Brazilian buyers seems to be pushing suppliers to expect $340/mt FOB soon.
Turkey:
Imports of ammonium sulfate during the first quarter were reported at 509,000 mt by Trade Data Monitor. This marks a 92 percent increase over the 265,000 mt imported during the same period in 2021. China dominated the supply with 442,000 mt.
March 2022 imports were reported at 209,000 mt, up 76 percent from the 118,000 mt imported in March 2021. Chinese tons accounted for 86 percent of the March 2022 imports with 180,000 mt.
Thailand:
Ammonium sulfate imports for the first quarter of 2022 were reported at 44,000 mt by Trade Data Monitor. This represents a drop of 24 percent from the 58,000 mt imported during the same period of 2021.March 2022 imports were reported at 37,000 mt, up 37 percent from the 27,000 mt imported in March 2022.
Brazil:
Ammonium sulfate prices in Brazil held steady at $440-$460/mt CFR. Sources said they expect prices to soften as reports spread of the pending arrival of lower-priced Chinese product.Rondonópolis prices tightened slightly, to $600-$620/mt FOB ex-warehouse.
Sources reported steady demand, but nothing strong as buyers hold off on committing to purchases until they need the product.