Ammonium Nitrate

US Imports:

January ammonium nitrate imports stood at 26,521 st, down 37.2% from the 42,201 st reported last January. July-January volumes were noted at 183,135 st, however, nearly even with the year-ago 183,171 st. Canada sent 150,026 st in July-January, Russia followed with 31,235 st, and China sent 660 st.

US Exports:

January ammonium nitrate exports lifted 31.7%, to 43,641 st from the year-ago 33,138 st. July-January exports moved up 40.8%, to 481,973 st from 342,340 st in the prior year. Canada received 269,016 in July-January, Mexico purchased 130,292 st, and Lithuania took 39,690 st.

Western Cornbelt:

Ammonium nitrate remained at $400-$420/st FOB terminals in Missouri.

United Kingdom:

At the end of last week, CF Industries announced a new list price for ammonium nitrate in the UK at £330/mt CPT for May deliveries after informing market participants that it was sold out for March and April. The previous list price was £320/mt CPT for April deliveries.