US Gulf:
The ammonium sulfate barge market slipped to $390-$395/st FOB based on the latest trades, down $5/st from last week’s $395-$400/st FOB range.
Eastern Cornbelt:
Granular ammonium sulfate remained at $415-$435/st FOB in the Eastern Cornbelt, with the low confirmed at Illinois River locations and the high in Ohio. The Cincinnati market was quoted at $430-$435/st FOB in late May.
Western Cornbelt:
The granular ammonium sulfate market firmed slightly to $415-$430/st FOB in the Western Cornbelt, with the low reported at St. Louis and reflecting a $10/st increase from last week amid reports of tight supply.
Northern Plains:
Sources quoted the latest granular ammonium sulfate offers in the Northern Plains at $410-$440/st FOB St. Paul and up to $450/st FOB Missouri River terminals in South Dakota, with delivered offers reported in a wide range at $430-$480/st in the region.
Great Lakes:
Ammonium sulfate was quoted at $425-$435/st FOB terminals in the Great Lakes region, with delivered pricing at the $463/st level in central Michigan. Sources described inventories as tight, with multiple locations sold out in late May.
Northeast:
The granular ammonium sulfate market was pegged at $415-$430/st FOB and $415-$425/st DEL in the Northeast in late May.
Eastern Canada:
The ammonium sulfate market was steady at C$570-$675/mt FOB in Eastern Canada, depending on location and supplier.
Northwest Europe:
Standard ammonium sulfate prices in Northwest Europe found support in a strengthening urea market, firming to €140-€145/mt FOB, or $150-$157/mt FOB at midweek exchange rates.Granular prices were reported in the wider range at €180-€200/mt FOB, or $195-$217/mt FOB.
Indonesia:
Pupuk Holdings has closed a tender for 35,000 mt of caprolactam grade amsul to be delivered in three June shipments. The lowest price came just shy of $150/mt CFR, though Pupuk did not reveal the offering company’s name. Other offers were reported in the upper-$150s/mt CFR.
The tender called for 20,000 mt to be shipped to Gresik, 5,000 mt to Palembang, and 10,000 mt to Jakarta. Freight was pegged in the low-$20s/mt for the larger shipments and low-$30s/mt for the smaller lots.
Thailand:
Ammonium sulfate imports totaled 223,000 mt in January-April, Trade Data Monitor reported,up dramatically from the 67,000 mt received through the first four months of 2023, with nearly all of the tonnage coming from China. April imports were pegged at 78,000 mt, against the 23,000 mt received in April 2023.
China:
Increased demand and limited supplies lifted the China amsul price to $125-$130/mt FOB. Offers made into the Pupuk Holdings/Indonesia tender helped to set the new price level, sources said.
Brazil:
Brazil ammonium sulfate prices traded up to $175-$180/mt CFR, above last week’s $165-$175/mt CFR and a 7.6% month-over-month increase in May. Buyers have been active in booking product for forward shipment, while new offers were noted firming to $180-$185/mt CFR.
Rondonópolis prices moved up in line with the broader nitrogen market, to $300-$315/mt FOB from $275-$295/mt FOB. Despite players reporting firmer demand, the market has yet to reach its seasonal peak.