U.S. Imports:
March ammonium nitrate imports firmed 29.6%, to 36,687 st from 28,316 st in the prior year. Imports climbed 44.1% for July-March, to 257,942 st from the year-ago 179,043 st.
U.S. Exports:
March ammonium nitrate exports moved 14.4% lower year-over-year, to 33,016 st from 38,560 st. July-March totals were off 0.4%, to 320,823 st from 321,964 st one year earlier.
Western Cornbelt:
The ammonium nitrate market was unchanged at $780-$800/st FOB in the Western Cornbelt.
France:
Yara on May 10 announced list prices for June deliveries of its AN 33.5 (YaraBelaExtran33.5) in France, setting the new level at €790/mt bulk CPT, with immediate effect. The price is a €15/mt increase on the posting for May deliveries (GM May 6, p. 9). The supplier once again warned that only a limited volume would be available.
Brazil:
Imports of ammonium nitrate for the first four months of the year were reported at 72,000 mt, a precipitous fall from the 305,000 mt imported during the same period in 2021, according to Trade Data Monitor.
Russia supplied 70,000 mt of the tonnage received. The drop is a result of the restrictions the Russian government placed on ammonium nitrate exports several months ago.
April 2022 imports were reported at 6,000 mt, against the 70,000 mt imported in April 2021.