All posts by thoughton8@bloomberg.net

Phosphoric Acid

US Exports:                                 

May wet-process phosphoric acid exports moved 21.7% higher, to 11,413 st from 9,375 st in May 2022. July-May totals were up 14.6% year-over-year, rising to 274,362 st from 239,369 st.

India received 176,919 st of US phos acid in the July-May period, topping both 61,694 st to Mexico and 32,421 st sent to Canada.

Eastern Cornbelt:

July phos acid postings in the Eastern Cornbelt were quoted at $9.65/unit rail-DEL.

Western Cornbelt:

Phos acid postings remained at $9.65/unit rail-DEL in the Western Cornbelt for July tons.

Northern Plains:

Phos acid pricing was pegged at the $9.65/unit rail-DEL level for July shipments in the Northern Plains.

Ammonium Thiosulfate

Eastern Cornbelt:

The last confirmed ammonium thiosulfate prices were unchanged at $385-$390/st FOB in the Eastern Cornbelt.

Western Cornbelt:

The ammonium thiosulfate market remained at $300-$370/st FOB in the Western Cornbelt, with the low confirmed at Waterloo, Iowa.

Eastern Canada:

Ammonium thiosulfate prices were steady at C$635-$655/mt FOB for the last offers in Eastern Canada.

NPK

Poland:

Grupa Azoty reported that its June output of NPK fertilizers fell 47% year-over-year, to 36,000 mt from 68,000 mt. The group’s production of “specialty” fertilizers declined to just 7,000 mt during the month, down from 19,000 mt in June 2022.

Sulfate of Potash

US Imports:

May SOP imports firmed 40.2%, to 22,699 st from 16,189 st in May 2022. Imports fell 31.2% in July-May, however, to 116,928 st from the year-ago 169,983 st. Imports from Germany totaled 66,323 st in July-May, ahead of 27,733 st from Canada. Belgium sent 18,699 st.

US Exports:

May SOP exports fell 91.1%, to 1,128 st from the year-ago 12,679 st. July-May exports were down 31.8%, to 43,572 st from 63,903 st in the prior year. July-May exports to Mexico totaled 27,794 st. Canada took 7,165 st, while Colombia purchased 5,687 st.

Eastern Canada:

The SOP market in Eastern Canada was quoted at C$1,200-$1,273/mt FOB in early July, down C$50/mt at the low end of the range.