U.S. Gulf:
NOLA ammonium sulfate price ideas dropped to $570-$620/st FOB from the week-ago $610-$630/st FOB range.
Eastern Cornbelt:
Granular ammonium sulfate pricing was reported at $635-$660/st FOB in the Eastern Cornbelt, depending on location, with the Cincinnati market pegged at the $650-$655/st FOB level during the week.
Western Cornbelt:
The granular ammonium sulfate market was pegged at $620-$670/st FOB in the Western Cornbelt, down from $640-$675/st FOB at last report, with the low confirmed at St. Louis.
Southern Plains:
Terminal prices for granular ammonium sulfate were also sliding at mid-month. The Houston market was reported at $550-$580/st FOB, down from a recent high of $600/st FOB. Offers at Catoosa/Inola were quoted at the $630/st FOB level, down from $680/st at last report.
NeuAG LLC on June 1 announced expanded availability of spray-grade ammonium sulfate at Levelland, Texas. The new source location is priced at $715/st FOB for 51 pound bags. Pricing for spray-grade ammonium sulfate at Clute, Texas, is $750/st FOB for 51 pound bags and $650/st FOB for bulk product.
South Central:
Ammonium sulfate pricing was quoted at $650-$670/st FOB in the South Central region, down another $10/st from the previous week and some $30/st or more below late-May levels. The low end was confirmed at Memphis, with the high out of spot Arkansas River terminals. The Shreveport market was pegged at the $660/st FOB level at midweek.
Southeast:
Ammonium sulfate postings from AdvanSix FOB Hopewell, Va., remained at $670/st for granular, $630/st for mid-grade, and $610/st for standard. Pricing in the Florida market was steady at $635/st DEL for standard and $735/st FOB for granular.
China:
The price of standard caprolactam grade amsul continues to soften. Sources now peg the market at $270-$280/mt FOB for export.The softer price, said traders, reflects the downward movement in the global urea market.
Brazil:
The landed price for standard granular amsul tightened as buyers were able to push prices down to $350-$380/mt CFR.The Rondonópolis price widened as demand remained steady. Sources now report the price at $480-$550/mt FOB ex-warehouse.