DTN Fertilizer Outlook
Ken Johnson DTN Fertilizer Columnist
Mon Apr 27, 2015 09:29 AM CDT


World ammonia prices drifted lower through April. Yuzhnyy export ammonia traded at $400 to $410 early and tons crossed at $400 to $405 late in the month. (All prices in this column are wholesale.) Demand continued lackluster in many regions and overall activity is slow. Asian prices kept sliding downward. Late in April, the $20 drop to $465 per metric ton (mton) in Tampa import prices put international buyers into a bearish mood and some are still trying to run prices lower. We look for world ammonia market prices to run flat to lower in the short term.

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