U.S. Imports:
Imports of ammonium nitrate were up 55.2 percent for November, to 31,469 st from the year-ago 20,270 st. July-November imports stood at 132,891 st, lifting 115.1 percent from the year-ago 61,792 st.
U.S. Exports:
Ammonium nitrate exports for the July-November window were down 45.8 percent, to 184,600 st from 340,400 st. Exports softened to 32,230 st for November, falling 62.5 percent from 85,960 st in the prior year.
Western Cornbelt:
Ammonium nitrate prices continued to be quoted at $700-$730/st FOB regional terminals for prompt or prepay, with the high confirmed at Lamar and St. Joseph, Mo., for the last prepay offers.
Southern Plains:
The ammonium nitrate market was pegged at $700/st FOB Muskogee, Okla., and $710/st FOB Pryor for prompt or spring prepay.
South Central:
LSB Industries Inc. on Dec. 15 announced spring prepay pricing for ammonium nitrate, with the dealer reference for March 2022 deliveries reported at $690/st FOB El Dorado, Ark. No current ammonium nitrate pricing was confirmed at Yazoo City, Miss., in early January.
France:
Yara on Jan. 13 announced new list prices for February deliveries of ammonium nitrate 33.5 percent product (YaraBelaExtran33.5), setting the new price at €785/mt bulk CPT.
U.K.:
CF Fertilisers is reported to have announced a new price for ammonium nitrate at £636/mt FCA.
Brazil:
The impact of the Russian limitation on ammonium nitrate exports was felt in Brazil in its December 2021 import numbers. Trade Data Monitor reported December 2021 imports of 36,000 mt, down 68 percent from December 2020 imports of 111,000 mt. The number is also dramatically lower than November 2021 imports of 122,000 mt, the last month of full imports from Russia.
Imports for 2021 were reported at 1.5 million mt against 1.1 million mt in 2020. The 31 percent increase was the result of larger purchases earlier in the year, before the Russian restrictions took effect. Russia accounted for 98.5 percent of all ammonium nitrate imports in 2021.