International Ammonium Sulfate Market

Black Sea/Baltic Sea:

Standard ammonium sulfate prices not changed and new transactions are restricted. A trader has secured a 27,500-ton South Korean oil tanker with South Korean standard for shipment from Ulsan to Yuzhny in November.

Turkey:

The price of standard ammonium sulphate in Turkey has risen, and the new quotation is even higher, paying 505-520 US dollars cfr Turkish tariffs for European and Chinese products loaded in December, and 60,000-65,000 tons of standard ammonium sulphate are scheduled to arrive in Turkey in December-January , Following sales in China and Russia. This includes the 30,000 tons of Chinese standard ammonium sulfate sold last week, shipped in November, 25,000 tons of Chinese standard ammonium sulfate, partial shipments in November and December, and 4000 tons of Russian standard ammonium sulfate, shipped in December.

China:

According to the new sales, the price of standard ammonium sulfate rose to US$377-390/ton (fob China). A Fujian producer sells 6,000 tons of standard ammonium sulfate at a fob China price of US$370 per ton for immediate shipment. The goods are expected to be shipped to Southeast Asia. A manufacturer sold more than 10,000 tons of standard ammonium sulfate at a price of US$390/ton fob China, and shipped in December. Due to new sales and higher price, the price of granular ammonium sulfate rose to US$430-440/ton fob China. As reported, the new offer price is US$480/ton, which will be shipped in December, the same as last week. A China trader sold 25,000 tons of ammonium sulfate at a FOB price of US$430/ton and shipped it to Brazil in December. There is growing concern that the Chinese authorities may impose customs restrictions on the export of ammonium sulfate from December 1. Traders said that several suppliers have begun to insist that any new sales agreement for December shipments should include a cancellation clause to prevent the application of these new regulations. Other suppliers have suspended the new supply for December until the situation becomes clearer. At present, due to energy control in certain areas of China, some manufacturers have postponed the start time after the start of the fall, while others have a lower operating rate.

Vietnam:

Imports of ammonium sulfate rose to 102,000 tons in October, an increase of 57% over the same period last year. Imports from January to October reached 1.1 million tons, higher than last year's 830,800 tons.