NEWS
DTN Fertilizer Outlook
Ken Johnson DTN Fertilizer Columnist
Mon Jul 30, 2012 08:27 AM CDT

Ammonia

World ammonia prices were almost flat during July, rising only $5 to $600 at Yuzhnyy, FSU. Koch reportedly bought a Baltic cargo at $615 fob for August delivery. Supplies continue tight despite some increase in FSU supplies. There are cutbacks planned (25%) in gas supplies to Trinidad ammonia and UAN producers during September. U.S. buyers had eight cargoes of FSU ammonia on the way at month's end. Spot prices for Middle East ammonia rose to $659 mton fob. For the short term, we expect world ammonia market prices to run steady to higher. Domestic ammonia prices firmed through the ...

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