CF Hikes Ammonia Postings

CF announced higher ammonia postings on March 3. Reference prices for March-June range from $570-$650/st FOB terminals in Indiana, Illinois, Missouri, Nebraska, Iowa, and Minnesota, with the Velva, N.D,. terminal reposted at $675/st FOB.

Those prices reflect new levels since CF pulled offers in February due to weather-related plant outages, and are up significantly from previous postings in the $470-$550/st FOB range for spring tons in the Cornbelt and Northern Plains regions. CF continues to offer no new pricing at Verdigris and Woodward, Okla.