California:
The CAN-17 market in California had reportedly firmed to $290-$310/st FOB, up from the last reported range of $280-$290/st FOB. Sources said demand remains brisk, particularly during the drought.
“With drought conditions, a last application of CAN-17 can make a large difference in terms of turnout, yield, and profitability,” said one regional contact. “One year of stress requires two years to recover, and CAN-17 is an outstanding solution to avoiding stress.”
Pacific Northwest:
CAN-17 pricing remained at $295/st FOB Kennewick in early June.
Germany/Benelux:
CAN markets in Europe continue to show strong demand and tight supply. Yara on June 9 increased its list price for CAN-27 (YaraBelaNitromag) by €12/mt in both Germany and Benelux, setting the new price at €267/mt bulk CIF for July deliveries.
Rival supplier OCI early this month set its new season pricing for CAN deliveries at €260/mt bulk CIF (GM June 4, p. 19).
Yara has also posted new list prices for July deliveries of its YaraBelaSulfan, setting the price at €277.50/mt bulk CIF for Germany and €279/mt CIF for Benelux. The new prices are a €12/mt increase on the last price postings, announced on May 21.