US Gulf:
The NOLA barge market for ammonium sulfate remained at the $300-$310/st FOB level, unchanged from last week on limited business. Some sources said offers would likely need to fall to sub-$300/st levels to generate new business, however.
Eastern Cornbelt:
Granular ammonium sulfate tightened to $380-$400/st FOB in the Eastern Cornbelt, with the low reported at Cincinnati and the high out of spot Illinois River terminals.
Western Cornbelt:
Granular ammonium sulfate was quoted at $360-$390/st FOB in the Western Cornbelt, with the low confirmed at St. Louis and the high in Iowa. The Southern Plains market was quoted at $340-$350/st FOB at the low end of the range.
Northern Plains:
Delivered ammonium sulfate in the Northern Plains was pegged at $380-$400/st for the latest offers, down from the previous $390-$430/st DEL level. Warehouse pricing ranged from $380-$415/st FOB, with the low at St. Paul and the high at Sioux City, Iowa.
Northeast:
The ammonium sulfate market remained at $405-$455/st FOB in the Northeast, depending on location, with delivered tons pegged at $475-$485/st DEL in the region.
Eastern Canada:
The ammonium sulfate market in Eastern Canada slipped to C$680-$825/mt FOB in early March, below the previous C$720-$825/mt FOB range.
China:
Prices were steady in the low-$170s/mt FOB. Sources said that supply is dwindling because of reduced production in China, just as demand is also waning. NPK producers in particular were said to be easing off on demand for amsul.
Brazil:
Prices dipped to $215-$220/mt CFR on reduced demand at the ports. The price at Rondonopolis moved up to $340-$360/mt FOB, however, with sources citing limited availability.
Trade Data Monitor reported January-February ammonium sulfate imports at 624,000 mt,off28% year-over-year from 870,000 mt. Imports were 263,000 mt in February, down from the year-ago 479,000 mt. China was the main supplier in February, sending 246,000 mt.
Turkey:
January imports totaled 211,000 mt, according to Trade Data Monitor, a42% increase from 149,000 mt noted for January 2022. Chinese amsul accounted for 75% of the imports with 159,000 mt, followed by 32,000 mt from the US.