FARM BUSINESS NEWS
DTN Fertilizer Outlook
Ken Johnson DTN Fertilizer Columnist
Wed May 28, 2014 02:41 PM CDT

AMMONIA

World ammonia prices moved slightly lower through May. Early, Yuzhnyy prices held firm at around $505 to $515 mton fob as there was some tightness in supply from the closure of two FSU ammonia export plants. Late in the month, Yuzhnyy prices were trading at $500 to $512. There is continued uncertainty over how political tensions in eastern Ukraine might affect export ammonia production in addition to threats of gas curtailments by Russia. A steady demand for ammonia going into DAP production in India firmed ammonia prices from the Middle East by around $20 to $550 mton cfr at ...

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