US Imports:
July-October ammonium nitrate imports were up 3.1% year-over-year, to 104,567 st from 101,422 st. October imports stood at 58,502 st, rising 58.2% from the year-ago 36,976 st.
US Exports:
Ammonium nitrate exports for October firmed 133.2%, to 70,196 st from 30,096 st. July-October shipments moved 34.7% higher, to 202,319 st from 150,196 st in the prior year.
Western Cornbelt:
The ammonium nitrate market was steady at $590-$610/st FOB Missouri terminals.
Russia:
Sources reported that Russia is preparing to limit ammonium nitrate exports once again in 2023. According to media reports, exports of ammonium nitrate for the first quarter will be limited to 225,000 mt, about one-third of Russia’s average 762,000 mt exported during the first quarters of 2019-2021. The April-May quota will be set at 829,000 mt, compared to the three-year average of 530,000 mt.