Interoceanic (IOC) on Feb. 25 announced another price increase for PCI Nitrogen’s granular ammonium sulfate, effective immediately. New prices include $240/st FOB NOLA barge; $260/st FOB St. Louis, Mo., and Delta terminals; $265/st FOB Upper Mississippi, Illinois, and Ohio River terminals; $270/st FOB Houston, Texas; $275/st FOB Sioux City, Iowa, $280/st rail-DEL in the Southern Plains; and $290/st rail-DEL in the Northern Plains.
IOC also reposted ammonium thiosulfate on Feb. 25 at $200/st FOB Houston and $250/st FOB Ohio River terminals. “Scarcity of raw material supply due to the historic freeze in Texas this past week has significantly reduced availability of key raw materials,” the company said. “To ensure we meet commitments to our customers leading into the forecasted robust spring season, we will only be selling current month production until raw material supply stabilizes.”
Russia’s Federal
Antimonopoly Service plans to investigate mineral fertilizer pricing, according
to a Feb. 25 statement cited by the Russian media. It plans to meet with
producers and quickly take measures if it finds signs of overcharging.
OCI NV, Amsterdam, reported a 15 percent increase in fourth-quarter own-produced sold volumes, with sales at 3.4 million mt, up from the year-ago 2.9 million mt. OCI reported a widening in its adjusted net loss attributable to shareholders for the quarter to $44.8 million versus the previous year’s $43.4 million.
The company highlighted it was working on accelerating the transition to producing blue and green ammonia at its plants.
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