Major amsul and amthio producer Interoceanic Corp. (IOC) increased its first quarter offers today following significant nutrient demand.
IOC announced new amsul offers, ranging from a $40-90/st increase across locations from previously posted values. The smallest value change occurred at its Houston/Pasadena location, which increased by $40/st to $385/st fob. The largest increase in pricing occurred at the Sioux City/Omaha/Casselton, North Dakota location — a $90/st climb to $460/st fob.
The company released new amthio offers as well for first quarter delivery. Houston offers rose by $10/st to $190/st fob and Cincinnati prices rose by $20/st to $260/st fob.
The company detailed high demand for pre-paid volumes in recent weeks as the principal motive for climbing values. This is nearly a month after the previous price increase and tailed producer AdvanSix's price increase by a week.
