Ammonium Nitrate

U.S. Gulf: The long-time $305/st FOB barge number was reportedly under pressure, with sources now putting the market in the $302-$305/st FOB range, if not lower. While sellers have higher price ideas for February and March, some sources wondered if demand will be enough to move prices higher. Some also argue that the after-effects of the West Fertilizer tragedy may be starting to catch up with the NOLA market.

Western Cornbelt: Ammonium nitrate was steady at $350-$360/st FOB in the region, with the low in Missouri and the upper end in the Iowa market.

Southern Plains: The Tulsa ammonium nitrate market remained at $350/st FOB.

South Central: Ammonium nitrate remained at $350-$360/st FOB terminals in the South Central region, with the low FOB Memphis and the upper end reported in the Arkansas market on a spot basis.

Southeast: The Tampa ammonium nitrate market was pegged at $360-$365/st FOB, down $5/st from December levels. Sources reported steady movement and well supplied inventories at Tampa, with some speculating that the Tampa market would see no more AN imports this season.