U.S. Imports:
June ammonium nitrate imports were reported at 22,251 st, falling 19.5% from 27,636 st in the prior year. July-June totals stood at 335,937 st, down 0.6% from the year-ago 338,073 st.
U.S. Exports:
Ammonium nitrate exports for June were reported at 42,472 st, off 12.2% from last year’s 48,374 st. July-June exports were quoted at 446,213 st, 1.7% lower than the prior year’s 453,976 st.
Western Cornbelt:
The ammonium nitrate market dropped to $525-$535/st FOB in Missouri, with the low reported at Lamar and the high confirmed at St. Joseph.
Southern Plains:
The last ammonium nitrate business was pegged at the $500/st FOB level in Oklahoma, down $100/st from last report.
South Central:
The latest ammonium nitrate prices were quoted in the mid-$400s/st FOB Yazoo City, Miss., down from $550/st FOB in mid-July, although sources said most offers had been pulled.
Brazil:
Imports of ammonium nitrate remain depressed, largely due to the restriction imposed on exports by Russia. January-July 2022 imports were reported at 206,000 mt by Trade Data Monitor. This is down about 70% from the 675,000 mt imported during the same period in 2021. Russia supplied 193,000 mt of the tonnage received in the first seven months of the year.
July 2022 imports were reported at 37,000 mt, down dramatically from the 126,000 mt imported during July 2021. Russia supplied all the July material.