U.S. Gulf: While some were still calling the last done business in the $360-$370/st FOB range, others said product was simply no longer available at any price.
Western Cornbelt: Ammonium nitrate was in tight supply in the Western Cornbelt, and sources said the dealer market had firmed to $440-$450/st FOB in the region in early April.
Southern Plains: Ammonium nitrate pricing had reportedly firmed to $430-$440/st FOB Catoosa, but finding tons for sale was another matter. Several sources said nothing was available at the port at midweek, while some were calling the market as high as $450/st FOB for limited tons on April 5.
South Central: Ammonium nitrate was virtually unavailable out of regional terminals in early April. Some had stopped taking new sales in order to take care of prepay orders, and others were simply out of product. “We have some tons coming in May, but for now it’s gone,” said one contact at midweek.
One source said the last ammonium nitrate price he’d heard out of Yazoo City, Miss., was $400/st FOB, but nothing was available there at midweek. Another quoted the last price out of Memphis, Tenn., at the $420/st FOB level, but none was for sale there, either.
Southeast: Ammonium nitrate pricing was firming in the Southeast, reportedly moving from $400/st to $420/st FOB Tampa in early April.