U.S. Imports:
July-December ammonium nitrate imports firmed 80.4 percent year-over-year, to 181,412 st from 100,552 st. December imports were up 25.2 percent, to 48,520 st from the year-ago 38,759 st.
U.S. Exports:
Ammonium nitrate exports from the U.S. in December were down 0.1 percent, to 41,843 st from the prior-year 41,886 st. Exports for July-December totaled 221,467 st, off 4.7 percent from the year-ago 232,391 st.
Exports to Canada for the 2019-2021 period were revised significantly lower by the Census Bureau, The Fertilizer Institute (TFI) reported on Feb. 8, resulting in reduced export totals for the 2020-2021 fertilizer year compared to previous reports. Official totals were expected to update on the Census Bureau website in June.
Western Cornbelt:
The ammonium nitrate market continued to be quoted at $700-$730/st FOB in the Western Cornbelt for prompt or prepay tons.
Brazil:
Ammonium nitrate imports in Brazil in January 2022 showed more evidence of the Russians withholding tons from the global market. Brazil received only 504 mt from Sweden in January, according to Trade Data Monitor, compared with January 2021 imports of 74,000 mt.