FARM BUSINESS NEWS
DTN Fertilizer Outlook
Ken Johnson DTN Fertilizer Columnist
Mon Mar 31, 2014 09:21 AM CDT

AMMONIA

World ammonia prices firmed through March, largely driven by the political situation in Ukraine, which is a major exporter of both ammonia and urea. Ammonia prices ex Yuzhnyy ran from $420-$450 per metric ton (mton) early to $485-$490 late. (All prices in this column are wholesale.) Demand from India for Middle East tonnage has been steady, keeping supplies tight. Adding to supply woes, the Yara plant in Libya has been closed due to political problems and Egyptian plants have had operating rates reduced due to low gas pressures. One improvement on the supply side has been more product from ...

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