International market trend of ammonium sulfate in the third week of April 2018

Ammonium sulfate: International market trend of ammonium sulfate in the third week of April 2018

Source: Zhongyu Information Date: 2018-4-20 16:01:50

4.12-4.19 International market dynamics (from foreign sources)

Central America: According to the tender on April 12, Incofe purchased 24,000 tons of caprolactam-grade ammonium sulphate and 3,000 tons of granular ammonium sulphate from Trammo for shipment to Guatemala and El Salvador. The price of caprolactam grade ammonium sulfate is $130/ton CFR. Trammo is expected to import from China.

China: This week, the limited supply of caprolactam-grade ammonium sulphate has caused a slight rebound in fob levels in China. Equipment inspections by several manufacturers cut shipments in May. For example, Haili has two plants, only about 10,000 tons in May. Other suppliers have pre-sold the supply in early May, the price fob 112-113 US dollars / ton. The low price on the market is around fob110 USD/ton.

Indonesia: Pupuk Kujang purchased 5,000 tons of caprolactam-grade ammonium sulfate from Aries at a price of cfr$124.95/ton in the purchase tender on April 13 and shipped it in containers. Aries is expected to import from China. AKP conducted a public inquiry on 22,000 tons of caprolactam-grade ammonium sulfate and shipped it to Bella Bay and Dumai, Singapore. Non-container charges are generally cfr $130/ton or higher.

Malaysia: Non-Chinese caprolactam-grade ammonium sulfate price is about US$125/ton CFR, and MMA-grade ammonium sulfate is high-priced at US$110/ton CFR.

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