Tampa Sulfur Up $27/lt
Major players have concluded first-quarter Tampa sulfur business at $96/lt CFR, up $27/lt from fourth-quarter 2020.
All Posts from January 7, 2021
NOLA Urea Continues Surge
NOLA granular urea prices continue to surge this week after sources reported good early demand from inland terminals and tight supplies. While early week trades were reported in the low $250s/st FOB, Thursday was seeing trades as high as $282-$285/st FOB.
IOC Announces Ammonium Sulfate Price Increase
Citing increased demand, strong ag fundamentals, and rising input costs, Interoceanic Corp. (IOC) on Jan. 7 announced a price increase for PCI Nitrogen’s premium grade granular ammonium sulfate. The Houston, Texas, price is firming to $215/st FOB effective immediately, while IOC’s pricing at Sioux City, Iowa, will move up $20/st on Jan. 15, to $245/st FOB.
CHS 1Q Income Off 61 Percent
CHS Inc. says fiscal first quarter net income plunged as lower refining margins and narrower heavy Canadian crude discounts eroded profit. Minnesota-based CHS posted net income of $69.7 million for the fiscal first quarter ended Nov. 30, down from $177.9 million a year earlier.
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