Ammonium sulphate: International market trend of ammonium sulphate in the 5th week of May 2018
Source: Zhongyu Information Date: 2018-6-1 16:56:54
5.24-5.31 International Market Trends (from foreign sources)
China: Due to the tight supply of caprolactam-grade ammonium sulphate in June, the price is firm at fob112-115 USD/ton. Samsung confirmed that it purchased Fujian caprolactam-grade ammonium sulfate at a price of US$115 per ton fob last week and sent it to the Philippines, and sent 22,000 tons of cargo in Qingdao to Gracie, Indonesia.
Philippines: Atlas ended the tender for two shipments this weekend: 8,000 tons to Sanchi, arrived in early July; and 6,000 tons of immediate shipments to Wo.
Indonesia: During the period of June 8-12, a single 12,000 tons of ammonium sulfate was sent from Nanjing to Palinton.
Colombia: Monomoros ended the tender for 8,500 tons of caprolactam-grade ammonium sulphate to Barranquilla this week.
Northwestern Europe: With the increase in urea and ammonia prices, the price of granular ammonium sulfate is rising, and the price is negotiated at fob155-165 USD/ton. The manufacturer’s standard ammonium sulfate is quoted at fob 125-135 US dollars / ton, but the actual goods did not reach this level. The price of standard ammonium sulfate supplied by European manufacturers to Brazil is 145-150 US dollars / ton cfr and the price of granular ammonium sulfate is 190-195 US dollars / ton cfr.
Brazil: China’s fob price supports Brazil’s higher cfr price. The price of Chinese granular ammonium sulfate is 165-170 US dollars / ton cfr, which is about 20 US dollars / ton lower than the price of 185-190 US dollars / ton cfr in Europe. The price of standard ammonium sulphate depends on the region, between $135-150/ton cfr.