Nutrien Updates on Trinidad

Nutrien Ltd., Saskatoon, which has had two plants in Trinidad down due to mechanical issues, reports that as of April 30, all four ammonia plants are operating. However, they are operating at reduced rates due to process constraints. As a result of planned maintenance in late Q2 and in Q4 this year, the company estimates it will achieve production equivalent to three plants for the balance of 2021. Supply could be further reduced in May because of gas curtailments.

To add to its supply, Nutrien said it has committed to purchase up to 25,000 mt from Yara Freeport in second half May at the May market price and this will be incorporated into its vessel shipment program.