U.S. Gulf:
NOLA ammonium sulfate barges continued to be called $385-$400/st FOB.
Eastern Cornbelt:
The granular ammonium sulfate market was pegged at $445-$475/st FOB in the Eastern Cornbelt, down $5/st from last report, depending on location. Pricing FOB Toledo was reported at the $475/st FOB mark for August-September tons and $490/st FOB for October-November.
Western Cornbelt:
Granular ammonium sulfate pricing was pegged at $445-$480/st FOB in the Western Cornbelt, with the lower end of the range confirmed at St. Louis.
California:
The granular ammonium sulfate market was pegged at the $525/st FOB level for fill offers, with reports of limited rail-DEL tons also offered at $525/st at mid-month.
Pacific Northwest:
Ammonium sulfate was reported at $400-$470/st FOB in the region, with the low reflecting standard grade and the high granular. Delivered pricing was pegged at $400/st for standard and $445-$475/st for granular, depending on supplier and location.
Western Canada:
Ammonium sulfate prices in Western Canada were confirmed in a broad range at C$570-$685/mt DEL, up significantly from recent fill offers in the C$485-$515/mt DEL range. Sources described supplies as “very tight” through 4Q.
China:
A softer Southeast Asia market is pushing down the ammonium sulfate netback to China. Sources reported that the price for most deals is around $190/mt FOB. Some smaller deals, however, may have pushed the price even lower.
Reportedly, Atlas in the Philippines closed an 8,000 mt tender at $225/mt CFR. If the product came from China – sources also said it could be Japanese – then the netback would be $175/mt FOB. International traders said they have heard of regional buyers quoting this price in their talks with Chinese vendors.
Brazil:
As the nitrogen market softens, ammonium sulfate follows. Sources reported prices into Brazil at $255-$275/mt CFR. Buyers are looking for even lower prices as reports mount of a softer urea market. Rondonopolis was reported at $390-$415/mt FOB ex-warehouse.
South Korea:
Exports of ammonium sulfate for January-July 2022 were dramatically down, according to Trade Data Monitor. South Korea shipped out 144,000 mt of amsul in the first seven months of the year, compared with 350,000 mt during the same period in 2021.
July 2022 exports were reported at 18,000 mt, all to New Zealand, compared with the 30,000 mt exported during July 2021.
Turkey:
Imports of ammonium sulfate for the first half of the year were reported at 693,000 mt by Trade Data Monitor. This is up about 33% from the 520,000 mt imported during the first semester of 2021. The main supplier was China with 559,000 mt.
Second-quarter 2022 imports of 184,000 mt were down from the April-June 2021 total of 255,000 mt.
June 2022 imports of 41,000 mt were marginally up from the 37,000 mt imported during June 2021. China dominated the sourcing with 24,000 mt, for 58% of the import market. Belgium was second with 17,000 mt, for 41% of the June market.