Views: 13 Author: Site Editor Publish Time: 2019-05-16 Origin: Site
China
In China, the supply of standard caprolactam-grade AS is still tight, and producers have basically sold out in May. Only a small amount of cargo is available in the Yangtze River port this month. Goods shipped in the first half of June were quoted at FOB $115 and above, and this week's FOB price is $113-114.
According to the May 1 bid, Incofe purchased about 24,000 tons of standard caprolactam grade products and 4,000 tons of compacted products from Agrifert Liven, which will be shipped with other specialty fertilizers from June 1st to 10th. It is understood that the standard FOB price of AS is about US$115/ton, and the FOB price of compacted products is US$147-149/ton.
The tight supply of raw materials keeps the price of extruded pellets firm, with Chinese suppliers currently offering $145-148/tonne FOB, and sales reports showing prices of $145-146/tonne FOB.
Philippines
Filipino buyers continue to discuss shipments at the end of May and June. This week's enquiry is for the 12,000 tons at the end of May, and 6,000 tons at the end of June. Traders are offering Chinese standard grade products at $137-139/tonCFR and to be shipped in June.
Sri Lanka
For the 3,000 tons of standard caprolactam-grade AS shipped to Sri Lanka in mid-June, the price of Chinese products is around US$144-146.
Baltic Sea, Black Sea
SBU Azot has sold 3,000-6,000 tons of standard caprolactam-grade AS, shipped to Turkey in May, and two batches of 3,000 tons of goods in April at a price of $121-123 per ton FOB Novorossiysk, and last time The transaction price is the same. From May 1st to 10th, there was a freight inquiry for the shipment of 3,000 tons of AS to Rothschild in Rostov. SBU Azot supplies 5,000 tons of standard caprolactam grade sulphur and is shipped from Kotka in May at a price of $125-127/tonne FOB.
Turkey
Turkish buyers have been asking about the price of 15,000 tons to 20,000 tons of AS shipped to the southern port in June, but after the news of the re-election of the mayoral election in Istanbul, they took a wait-and-see attitude because of the depreciation of the lira. There was a small batch of enquiries that required immediate shipment to Samsun, but the transaction was eventually blown out as the AS from Russia suppliers shipped from the Black Sea was sold outin May.
Northwestern Europe
With the end of the direct application season, interest in the purchase of AS has diminished. The supplier's standard product price for European buyers is $130-135/ton FOB. The net price of Brazilian standard AS products is $120/ton FOB. One sale of was $115/ton and $170/ton for a granular product.
North West European producers offer granular AS in Brazil for $192-195/ton CFR. According to reports, a number of Fubonte goods were sold at a higher price at the end of May.
OCI's goal is to sell granulated 2mm AS pellets in Europe for the new season's at a CIF price of €180 / ton, and 3mm grade CIF price is 205 euros / ton.
Brazil
Brazil's granular prices have started to rise due to seasonal demand growth and higher Chinese prices. Compacted/granulated AS is around $175-195/tonCFR, and European producers are seeking granulated AS at prices above $190/tonneCFR.
Brazil's AS imports slowed in April
In April, Brazil's AS imports fell to 77,000 tons, down 50% year-on-year, due to a decline in shipments from China and the Netherlands. However, due to the increase in shipments in the first quarter, year-to-date imports increased by 53% to 968,000 tons. In April, Belgium shipped 31,000 tons, and imports in January-April were 172,000 tons, an increase of 77% over the same period last year. In the first four months of the year, Dutch imports fell to 34,000 tons, down 22% year-on-year, while US imports in January-April more than doubled to 71,000 tons.
