# Ammonium sulphate: Trading

Cheap per tonne, dear per unit of nitrogen

Source page: https://www.materialinsights.org/chemicals/ammonium_sulphate/trading/

What this tab covers How it is bought and sold: buyers and sellers, price benchmarks and who publishes them, exchanges, contract types, traders, how Indian buyers price it, recent price points, and good sources to follow.

#### Who buys, and where

- Brazilian blenders and distributors (CFR Brazil)
- Southeast Asian plantations and rice growers
- European co-operatives
- Indian importers (small)

#### Who sells, and from where

- Chinese caprolactam and coke producers via east China ports
- European caprolactam producers (BASF, Fertiberia, others)
- US AdvanSix

#### Price benchmarks

| Benchmark | Publisher | Basis |
|---|---|---|
| **Ammonium sulphate caprolactam-grade FOB NW Europe** | S&P Global Platts | spot, weekly |
| **Ammonium sulphate standard/granular FOB China** | Argus, CRU | spot, weekly |
| **Ammonium sulphate CFR Brazil** | Argus, CRU | spot, weekly |

#### Exchanges

| Venue | Contract | Notes |
|---|---|---|
| **None** | none | physical trade only |

#### Contract types

- Spot bulk cargoes
- Term offtake from caprolactam producers by traders
- Domestic dealer sales

#### Traders and distributors

- Ameropa
- Keytrade
- Helm (indicative)

#### How Indian buyers price it

- Import parity CFR India; AS is an NBS grade, so subsidy per kg of N and S applies
- Domestic producers sell at MRPs set with NBS support (indicative)

#### Recent price points

| Date | Price | Basis | Source |
|---|---|---|---|
| 19 Feb 2026 | **$277/t** | caprolactam-grade FOB NW Europe | S&P Global Platts (Feb 2026) |
| 2023 average | **$175/t** | CIF India import unit value | IndexBox (2023) |
| 2022 average | **$309/t** | CIF India import unit value | IndexBox (2023) |

#### Good sources to follow
[Nitrogen+Syngas and Fertilizer International (CRU BCInsight)](https://www.bcinsight.crugroup.com/)paid research site · CRU Group

Chinese AS boom and sulphur-deficiency demand
[S&P Global Commodity Insights agriculture news](https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/022426-eu-ammonium-sulfate-imports-rise-in-dec-on-stronger-chinese-supplies-ahead-of-cbam)freemium research site · S&P Global

EU AS imports and Platts prices
[Argus fertilizer news](https://www.argusmedia.com/es/news-and-insights/latest-market-news/2808795-chinese-amsul-exports-expected-to-continue)freemium research site · Argus Media

Chinese AS exports
[Fertilizer Daily](https://www.fertilizerdaily.com/)free newsletter · independent fertiliser news site

fertiliser prices and India policy

## Other sections

- [Summary](https://www.materialinsights.org/chemicals/ammonium_sulphate/index.md)
- [Overview](https://www.materialinsights.org/chemicals/ammonium_sulphate/overview/index.md)
- [Correlation](https://www.materialinsights.org/chemicals/ammonium_sulphate/correlation/index.md)
- [Production route](https://www.materialinsights.org/chemicals/ammonium_sulphate/routes/index.md)
- [Production](https://www.materialinsights.org/chemicals/ammonium_sulphate/production/index.md)
- [Feedstocks](https://www.materialinsights.org/chemicals/ammonium_sulphate/feedstocks/index.md)
- [Cycles](https://www.materialinsights.org/chemicals/ammonium_sulphate/cycles/index.md)
- [Movement](https://www.materialinsights.org/chemicals/ammonium_sulphate/movement/index.md)
- [Regulation](https://www.materialinsights.org/chemicals/ammonium_sulphate/regulation/index.md)
- [Characteristics](https://www.materialinsights.org/chemicals/ammonium_sulphate/characteristics/index.md)
- [Emissions](https://www.materialinsights.org/chemicals/ammonium_sulphate/emissions/index.md)
- [Relationships](https://www.materialinsights.org/chemicals/ammonium_sulphate/links/index.md)