Views: 32 Author: Site Editor Publish Time: 2022-03-29 Origin: Site
Black Sea/Baltic Sea:
Standard ammonium sulfate prices rose due to new sales and higher offers for non-Russian products. A European producer sold 5,000 tonnes of standard ammonium sulphate at €450/t FOB Baltic for shipment to North West Europe in April.
Europe:
Standard ammonium sulfate prices rose to $527-567/mt fob northwest Europe, the higher quotations cause the tight supply tp make the higher price. Granular ammonium sulfate prices held steady on a flat indicator.
China:
Standard ammonium sulfate prices rose and expanded to $330-350/t fob on new sales in Brazil and Southeast Asia. The granular ammonium sulphate price stabilized at $400-410/t fob, framed by Brazil.
the Philippines:
The standard caprolactone-grade ammonium sulfate with 6,000 tons were sold at $385 per ton cost plus freight for shipment in April from China. Freight rates of this cargo are expected to be between $50 and $50 a ton, traders said. Atlas has issued a tender to import 6,000 tons of standard ammonium sulfate to Poro Point and 8,000 tons to Davao in April. The importer is still negotiating April tonnage from the previous tender that ended on March 22.
Vietnam:
Offers for 6,000 t of Chinese standard ammonium sulphate are at $384/t cfr Ho Chi Minh for delivery at the end of April, while other offers are at $380-390/t cfr Vietnam. Domestic demand from farmers is expected to emerge from mid-April, which will clarify whether farmers can accept current prices or reduce fertilizer consumption during the main season.
India:
Indian importer Smartchem tendered the purchase of 20,000 to 25,000 tons of standard ammonium sulfate, which will be delivered to Mumbai in April. The deadline for bids is March 23, and bids are valid until next week. In early March, Smartchem bid at $260/t cfr Mumbai.
Brazil:
Compact and pellet prices rose to $480-495/t cfr on higher sales and fresh cargo prices. A trader sold 5,000 - 10,000 t of Chinese granular ammonium sulfate at $480/t cfr. This shipment is 40,000-50,000 tons of cargo scheduled to be shipped in April-May. Standard ammonium sulfate prices rose to $430-440/t cfr in the framework of new sales.It is reported that new offers to northeast Brazil is as high as $460/t cfr brazil, but no agreement was reached. A trader sold a small batch of Chinese standard ammonium sulfate totalling 4,500 tonnes at $430-440/t cfr.
