US Gulf:
The NOLA ammonium sulfate barges continued to be called $365-$370/st FOB.
Eastern Cornbelt:
The granular ammonium sulfate market remained at $425-$455/st FOB in the Eastern Cornbelt, with the low reported at Cincinnati.
Western Cornbelt:
Granular ammonium sulfate pricing was quoted at $425-$450/st FOB in the Western Cornbelt, with the low confirmed at St. Louis and the high in Iowa.
Southern Plains:
Granular ammonium sulfate was pegged at $440-$450/st FOB Catoosa/Inola and Houston, with reports of delivered tons at the $475/st level in central Texas.
South Central:
Ammonium sulfate pricing was pegged at $445-$450/st FOB in the South Central region.
Southeast:
Ammonium sulfate pricing FOB Hopewell, Va., was steady at $490/st FOB for granular, $450/st FOB for mid-grade, and $430/st FOB for standard. Pricing in the Florida market remained at $395/st FOB/DEL for standard and $505/st FOB/DEL for granular.
China:
An Indonesian tender for caprolactam-grade amsul showed a netback to China of $175-$180/mt FOB. The drop in the price is greater than expected, but not unsurprising. Sources had been talking about how amsul prices have been falling off as demand softened, especially in Asia.
Exports of ammonium sulfate were reported at 10.2 million mt by Trade Data Monitor. This is up from the 8.2 million mt shipped during the same period in 2021. The main buyers were Brazil with 3 million mt, Turkey with 834,000 mt, and Vietnam buying 820,000 mt.
October 2022 exports were also up, to 1.4 million mt from the 1.1 million mt shipped during October 2021.
Brazil:
Prices softened, following a global trend, to $260-$275/mt CFR. Sources said buyers looking for product in time for the next application season will have to pay at the upper end of the range.
The Rondonopolis price for amsul has come down as urea prices tighten and even soften in some areas. Sources now peg the price for ammonium sulfate at $390-$415/mt FOB ex-warehouse.