CROPS NEWS
DTN Fertilizer Outlook
Ken Johnson DTN Fertilizer Columnist
Mon Jan 7, 2013 08:49 AM CST

AMMONIA

The world ammonia market softened slightly through December. Yuzhnyy prices moved down from $610 to $620 mton early to $600 at month's end. Demand for ammonia from all major DAP export producers decreased steadily through the month. Ammonia import demand is currently reduced in India where the phosphate fertilizer market looks rather gloomy. Almost all DAP plants are working at reduced capacity rates of around 60% to 70% because of already high domestic DAP inventories. Most world ammonia production has returned to normal with the exception of Egypt (see urea below) where gas supply problems have diminished both ammonia ...

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