FARM BUSINESS NEWS
DTN Fertilizer Outlook
Ken Johnson DTN Fertilizer Columnist
Mon Jul 28, 2014 09:37 AM CDT

World ammonia prices traded mostly flat through July. Yuzhnyy ammonia sales crossed at $450 to $460 mton fob early and sold at $445 to $450 late. Late in the month the August contract price for ammonia imported into Tampa rolled over at $520 mton cfr. The nominal fob netback is $450 fob Black Sea, broadly in line with current indications by suppliers in the region. Production problems (political and short gas supplies) continue to plague North African ammonia producers and seasonally slow demand in northwest Europe and the U.S. are keeping FSU prices soft. Indian buyers paid slightly more for ...

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