International market trend of ammonium sulphate in the 4th week of May 2018

Ammonium sulphate: International market trend of ammonium sulphate in the 4th week of May 2018

Source: Zhongyu Information Date: 2018-5-25 15:27:07

5.17-5.24 International Market Trends (from foreign sources)

China: The price of caprolactam-grade ammonium sulfate is stable at FOB 112-115 USD/ton. The price of granular ammonium sulfate is FOB145-150/ton. Several factories are undergoing maintenance. According to reports, a trader booked 6,000 tons of caprolactam-grade ammonium sulfate at a FOB price of $115/ton, and loaded it in June and sent it to Bataan, Philippines. According to reports, a trader has purchased 40,000 tons of granular ammonium sulfate and 10,000 tons of standard ammonium sulfate, which was shipped to Brazil in July.

Philippines: Swire is still looking for 12,000 tons of caprolactam-grade ammonium sulfate.

Northwestern Europe: Producers say they have sold most of their supply in June and demand for granular ammonium sulphate is strong. The price of caprolactam-grade ammonium sulfate is lower than FOB 120 US dollars / ton, while the price of granular ammonium sulfate is still intended to be FOB 155-165 US dollars / ton.

Turkey: Due to weak demand from the Turkish lira, it is difficult for Turkish buyers to accept the current offer. Buyers are required to pay at least $140-145/tonne CFR China caprolactam-grade ammonium sulfate, and at least CFR $150/ton to obtain European products, but the current bid is $10-20/ton lower than these prices. Turkish domestic prices are at CFR $149/ton.

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