Ammonium Sulfate

US Gulf:

NOLA ammonium sulfate barge prices were reported to have dropped again, to $365-$370/st FOB from the week-ago $390-$395/st FOB range.

Eastern Cornbelt:

The granular ammonium sulfate market dropped to $425-$455/st FOB in the Eastern Cornbelt, down $15-$25/st from last report, with the low confirmed at Cincinnati.

Western Cornbelt:

Granular ammonium sulfate pricing was pegged at $425-$450/st FOB in the Western Cornbelt, with the low confirmed at St. Louis and the high in Iowa.

Northern Plains:

Ammonium sulfate pricing in the Northern Plains slipped to $400-$420/st DEL for new offers, down from the last confirmed $460-$470/st DEL level.

Northeast:

Delivered ammonium sulfate prices in the Northeast remained at $510-$545/st following the mid-October increase in postings at Hopewell, Va., to $490/st FOB for granular, $450/st FOB for mid-grade, and $430/st FOB for standard.

Eastern Canada:

Ammonium sulfate fill pricing was unchanged at C$818-$825/mt FOB in Eastern Canada.

China:

Prices remain soft. A recent tender by Gresik in Indonesia showed a netback to China at $200/mt FOB and below, leaving a sense the market is now at $195-$200/mt FOB.

South Korea:

January-October exports of ammonium sulfate from South Korea were reported at 206,000 mt by Trade Data Monitor, down 56% from the 466,000 mt exported during the same period in 2021. The main buyers were Mexico with 83,000 mt, and the US with 59,000 mt.

October 2022 exports were reported at 15,200 mt, up slightly from the 13,000 mt exported during October 2021. Italy took 15,000 mt of the material offered.

Brazil:

Ammonium sulfate prices moved up slightly, to $720-$780/mt CFR. Rondonopolis prices also edged up to $410-$450/mt FOB ex-warehouse. Sources did not discuss why prices shifted upward. They did note, however, that the drop in urea prices now makes ammonium sulfate less attractive as a urea substitute in blending.