Western Cornbelt:
The ammonium nitrate market remained at $640-$680/st FOB in the Western Cornbelt for the last reported offers.
Russia:
The Russian government severely cut back on the amount of ammonium nitrate allowed to be exported from December 2021 through May 2022. The government edict will allow only 744,000 mt to be shipped during that period.
During the same period last year, Russia exported 1.76 million mt of ammonium nitrate. Its largest customer was Brazil, which, according to Trade Data Monitor, took 511,000 mt.