US Imports:
July-November ammonium nitrate imports totaled 124,114 st, off 6.6% from the year-ago 132,891 st. November imports were down 37.9%, falling to 19,547 st from the prior-year 31,469 st.
US Exports:
November ammonium nitrate exports were reported at 54,192 st, a 68.2% increase on the year-ago 32,227 st. Exports firmed to 256,511 st for July-November, up 40.6% from the year-ago 182,423 st.
Western Cornbelt:
The ammonium nitrate market dropped to $560-$570/st FOB Missouri terminals, down $30-$40/st from last report.
Southern Plains:
The ammonium nitrate market was pegged at $550-$560/st FOB terminals in Oklahoma, down from the prior $580-$590/st FOB range.
South Central:
The latest ammonium nitrate pricing was indicated at $520/st FOB Yazoo City, Miss., down $50/st from last report.
Brazil:
The impact of the Russian export limits on ammonium nitrate were clearly seen in the 2022 Brazil import numbers supplied by Trade Data Monitor. Imports for the year were reported at 708,000 mt, down from 1.5 million mt in 2021. Russian product accounted for all of Brazil’s 2021 imports, while Russia sent just 665,000 mt in 2022, followed by 27,500 mt from the US.
Even with the Russian restrictions, December’s 30,000 mt import total nearly matched the 36,000 mt recorded in December 2021. Russia was the sole supplier.