US Gulf:
NOLA ammonium sulfate barges remained in the $300-$310/st FOB range. Sources said prompt barge availability is tighter this month until cargos arrive in late April/early May.
Eastern Cornbelt:
The granular ammonium sulfate market remained at $370-$385/st FOB in the Eastern Cornbelt, with the low confirmed out of spot Mississippi, Illinois, and Ohio river terminals. The Cincinnati market was pegged at $375-$380/st FOB at midweek, while Ottawa, Ill., offers were reported in the $380-$385/st FOB range.
Western Cornbelt:
Granular ammonium sulfate was quoted at $360-$390/st FOB in the Western Cornbelt, up $5-$10/st from last report, with the low confirmed at St. Louis and the high in Iowa. The Omaha, Neb., market remained at the $385/st FOB level in early April.
Southern Plains:
The granular ammonium sulfate market firmed slightly to $350-$380/st FOB in the Southern Plains, up $10/st from last report, with the low confirmed at Houston and the high at Catoosa/Inola.
South Central:
Ammonium sulfate prices remained in a broad range at $345-$380/st FOB in the Southeast, with the low confirmed in Mississippi and the high in Arkansas. The Memphis market was reported at $365-$375/st FOB.
Southeast:
While posted prices have not officially changed, sources confirmed that granular ammonium sulfate has dropped to $400/st FOB Hopewell, Va., well below the $490/st FOB list price. Rail-DEL pricing in the Carolinas was pegged at the $425/st level for recent business.
The upper end of the Southeast market was pegged at the $450-$460/st FOB/DEL level for granular tons in Florida, with standard grade at $395/st FOB/DEL.
China:
The price for caprolactam-grade amsul is under pressure. Sources noted that prices were in the low-$150s/mt FOB, but could drop further. As the week ended, reported prices in Brazil dropped as low as $170/mt CFR, causing some traders to estimate the new China price at $145-$150/mt FOB.
Brazil:
The range of business done through the week put the price at $170-$185/mt CFR, with deals pushing toward the lower side of the range by the end of the week. The lower prices came as both urea prices dropped around the world and supply continued to outstrip demand.
Turkey:
January-February ammonium sulfate imports were counted at 242,000 mt, Trade Data Monitor reported, off 19% from the prior-year 301,000 mt.
February imports totaling 31,000 mt – all from China – represented a significant drop from 152,000 mt imported in February 2022.
Thailand:
Thailand imported 13,000 mt of ammonium sulfate in January-February, according to Trade Data Monitor, up from7,000 mt recorded through the first two months of 2022.
February imports were 3,000 mt, off from 5,000 mt in the previous February. China was the main supplier with 2,500 mt.