US Gulf:
NOLA barge price ideas spanned a broader range – $345-$365/st FOB versus the week-ago $355/st FOB – with some players saying the recent uptick in urea also boosted AS.
Eastern Cornbelt:
The granular ammonium sulfate market was unchanged at $425-$455/st FOB in the Eastern Cornbelt, with the upper end confirmed at Cincinnati. Pricing in the Great Lakes region was pegged in a broad $455-$505/st FOB range.
Western Cornbelt:
Granular ammonium sulfate pricing was pegged in a broad range at $425-$480/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 remained at $400-$420/st DEL for the last reported offers.
Northeast:
Ammonium sulfate pricing in the Northeast fell to $450-$485/st DEL amid competition for 1Q rail-DEL tons, below the last confirmed $510-$545/st DEL range.
Eastern Canada:
Ammonium sulfate fill pricing was unchanged at C$818-$825/mt FOB in the region.
China:
Sources reported stagnant prices in the low $170s/mt FOB. Reports of increased domestic demand were said to cause concern among buyers, although nothing has come of the rumors so far.
Brazil:
The landed price settled squarely at $270/mt CFR. The price showed the removal of lower prices, as reports of stronger domestic demand in China raised concerns among Brazilian buyers about possible issues with future shipments.
Rondonopolis was reported increasing to $390-$420/mt FOB ex-warehouse, showing that inland buyers share the same concerns as importers about possible delays in shipments from China.
January-November imports of ammonium sulfate were reported at 4.3 million mt by Trade Data Monitor, increasing by about one-third from the 3.2 million mt imported during the same period in 2021. China dominated the import slate with 3.9 million mt.
November 2022 imports were reported at 518,000 mt, up 60% from the year-ago 324,000 mt. China supplied 99% of the imported tons with 515,000 mt, with the remaining 3,000 mt sent by the US.
Turkey:
Ammonium sulfate imports for January-October were reported at 790,000 mt by Trade Data Monitor, a slight increase from the year-ago 729,000 mt. China supplied 615,000 mt during the period, followed by 100,000 mt from Belgium.
October 2022 imports were counted at 43,000 mt, down 33% from 64,000 mt imported in October 2021.