Ammonium Nitrate

US Imports:

May ammonium nitrate imports firmed 51.0%, to 38,172 st from the year-ago 25,280 st. Imports totaled 306,398 st in July-May, up 3.9% from 294,758 st in the prior year. Canada sent 248,498 st in July-May, Russia followed with 54,907 st, and China added 1,057 st.

US Exports:

Ammonium nitrate exports firmed 29.6% in July-May, to 734,939 st from the year-ago 567,234 st. May exports were counted at 49,451 st, however, dropping 26.8% from the 67,539 st reported one year earlier. Canada received 383,417 st of US product in July-May, Mexico purchased 253,542 st, and Lithuania took 39,690 st.

Western Cornbelt:

Ammonium nitrate was unchanged at $345-$360/st FOB in the Western Cornbelt, with both the high and low reported in Missouri.

United Kingdom:

Despite no new price announcement from CF, ammonium nitrate in the UK was quoted higher at £330/mt CPT based on list prices for July through October, with the lower £320/mt CPT offer no longer valid.

Brazil:

January-June ammonium nitrate imports totaled 354,000 mt, Trade Data Monitor reported,down 13% from the year-ago 408,000 mt. Russia shipped 308,000 mt, for 87% of the imports, followed by the US with 31,000 mt.

Imports fell 17% in the second quarter, to 184,000 mt from the 223,000 mt received in April-June 2023. June imports were also down, slipping to 69,000 mt from 86,000 mt in June 2023.