FARM BUSINESS NEWS
DTN Fertilizer Outlook
Ken Johnson DTN Fertilizer Columnist
Tue Jul 1, 2014 02:04 PM CDT

AMMONIA

In early June, Yuzhnyy ammonia prices traded around $470 per metric ton (mton) fob (free on board -- the buyer pays for transportation of the goods) and by late month had slipped to $460. (All prices in this column are wholesale.) World ammonia market prices continued soft despite numerous short-term outages (North Africa) and plant closures (Ukraine). Late in the month, there was a $20 fall in the Tampa July import contract price to $520. Indian demand for DAP production remains strong, but demand from Far East industrial users is still in the doldrums. We look for world ammonia ...

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