NEWS
DTN Fertilizer Outlook
Ken Johnson DTN Fertilizer Columnist
Mon Feb 25, 2013 02:48 PM CST

AMMONIA

The world ammonia market was quiet for most of February, trading at $570 mton fob ex Yuzhnyy, but took a small drop late to $550. Export supplies were well placed for the most part, but there was not enough marginal buying to create any upward support for on prices. Indian demand for Middle East ammonia was slow through the month with only around 90,000 mt arriving in February, compared to more usual volumes of 150,000 mt to 160,000 mt. The Ma'aden DAP plant in Saudi Arabia went down for a three-week turn which threw extra ammonia into the world ...

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