Ammonium Nitrate

U.S. Imports:

Ammonium nitrate imports firmed 57.9 percent in January, to 24,174 st compared to the year-ago 15,312 st. July-January imports were up 77.4 percent, to 205,585 st from 115,864 st one year earlier.

U.S. Exports:

Ammonium nitrate exports moved up 29.0 percent in January, to 33,249 st from the prior-year 25,765 st. July-January exports softened 1.3 percent, however, to 254,716 st from the previous 258,157 st.

Western Cornbelt:

The ammonium nitrate market was pegged at $780/st FOB Lamar, Mo., and $790/st FOB St. Joseph, Mo., based on LSB’s March 10 postings.

Southern Plains:

LSB raised its ammonium nitrate posting on March 10 to $770/st FOB Pryor, up $60/st from the company’s earlier prepay price. Sources also confirmed recent offers as high as $800/st FOB Muskogee, Okla.

South Central:

A $60/st increase from LSB on March 10 pushed ammonium nitrate postings up to $750/st FOB El Dorado, Ark. Kentucky sources quoted new offers as high as $790/st FOB Ohio River terminals at mid-month.

Southeast:

The last Tampa ammonium nitrate business remained at the $750/st FOB level, but sources said there were no tons being offered in mid-March.

Russia:

Ammonium nitrate exports for January 2022 were reported at 234,000 mt by Trade Data Monitor. This amount is a slight dip from the 249,000 mt exported in January 2021.

Brazil was the main buyer at 45,000 mt. Sales totaling 61,000 mt were shipped to Baltic states, most likely for re-export to the world. The U.S. was the fourth largest taker of material at 19,000 mt.