Tampa NH3 business concluded for June; price up $80/mt from May

Yara confirmed on May 21 that it has reached a deal with Mosaic for all June shipments of ammonia at $625/mt CFR. This price is an increase of $80/mt over the May Tampa price of $545/mt CFR. Industry sources had speculated that increased gas outages in Trinidad would likely drive June Tampa prices up from May levels.