US Imports:
Ammonium nitrate imports totaled 20,843 st for February, up 33.0% from the year-ago 15,669 st. July-February volumes were 204,014 st, however, falling 7.8% from 221,255 st in the year-ago.
US Exports:
Ammonium nitrate exports firmed 32.1% in July-February, to 383,912 st from the year-ago 290,656 st. Shipments totaled 41,572 st for February, a 25.6% increase from 33,090 st in February 2022.
Western Cornbelt:
Ammonium nitrate pricing was unchanged at $470/st FOB Lamar, Mo., and $490/st FOB St. Joseph, Mo. The latest offers in El Dorado, Ark., were quoted at the $425/st FOB level.
Brazil:
Imports for January-March stood at 185,000 mt, according to Trade Data Monitor, up from the year-ago 66,000 mt.
March imports were noted at 53,000 mt, more than double the 20,000 mt imported in March 2022. Russia supplied the full amount. The increase in Brazil’s imports to-date reflects Russia’s softening restrictions on ammonium nitrate exports compared to 2022.