CROPS NEWS
DTN Fertilizer Outlook
Ken Johnson DTN Fertilizer Columnist
Mon Jan 6, 2014 08:34 AM CST

AMMONIA

World ammonia prices moved slightly higher through December as Yuzhnyy tons traded in the $385 to $425 mton range early and were at $416 to $430 late. The lack of new export tonnage expected to be available from the new Sorfert plant in Algeria forced traders to cover from other sources, which kept prices firm. The problems with the plant were political and by month end, had been resolved. Export ammonia production looks to restart in Algeria, but Egyptian exports seem problematic due to production (gas supply) uncertainties. The big surprise at month end was the export of three ...

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