US Imports:
Ammonium nitrate imports for July-March moved up 4.7%, to 229,834 st from the year-ago 219,422 st. March lifted 70.1%, to 26,207 st from 15,408 st in March 2023. Canada sent 196,209 st in July-March, Russia followed with 31,235 st, and China added 802 st.
US Exports:
March ammonium nitrate exports were noted at 74,254 st, a 99.2% increase on the year-ago 37,273 st. July-March volumes were up 50.5%, at 634,048 st compared to the 421,185 st posted one year earlier. Canada received 322,832 st of US product in July-March, Mexico purchased 213,326 st, and Lithuania took 39,690 st.
Western Cornbelt:
Ammonium nitrate was quoted at $395-$410/st FOB in Missouri, down $10-$20/st from last report, with the low confirmed in the south and the high in northern areas of the state. Pricing was also lower in the South Central region, with the latest El Dorado, Ark., offers pegged at the $370/st FOB level, down from $380/st FOB.
France:
Ammonium nitrate prices in France moved lower, with one producer slashing its price to €325/mt CPT and another still reporting limited traction at the high of €350/mt CPT.
Until recently, ammonium nitrate has been insulated from the dip in urea and other nitrogen prices, but sources said the market is correcting ahead of new-season prices. A new price announcement from Yara is expected soon.
Brazil:
Ammonium nitrate imports in Brazil totaled 196,000 mt in January-April, according to Trade Data Monitor, a20% decline from the year-ago 244,000 mt. Russia shipped 155,000 mt, ahead of 31,000 mt from the US. April 2024 imports were pegged at 26,000 mt, down 55% from the 58,000 mt received in April 2023.