Western Cornbelt:
Ammonium nitrate remained at $420-$430/st FOB in the Western Cornbelt for the last offers.
France:
Yara on July 22 raised its list price for September deliveries of ammonium nitrate 33.5 percent (YaraBelaExtran 33.5) in France, setting the new posting at €390/mt bulk CPT, with immediate effect. The new price comes less than two weeks after the supplier announced the list price for its September deliveries at €380/mt bulk CPT (GM July 9, p. 7).
Yara once again warned that only limited volumes will be available. By its own admission in a second-quarter earnings call on July 16, the supplier said it has been “actively pushing” nitrates prices in Europe, and has been publishing new list prices “frequently” over the past several weeks.