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Daily Archives: May 13, 2022

Russian AN suppliers return to the export markets after domestic season/export ban ends

After an extended hiatus, Russian producers have re-entered the international ammonium nitrate markets. This has resulted in a major reduction in AN values on both a cfr and fob basis. The weakness in the global urea market has been the main determining factor for AN values over the last week as buyers declined to accept…

May 13, 2022Leave a commentGeneral, NitrogenBy Profercy Nitrogen

Market readies for post-Indian tender period; Baltic nitrate values tumble on supply

The long awaited Indian purchasing tender is finally nearing a conclusion. This week price details were announced with the lowest offers above $715pt cfr for the west coast and above $720pt cfr for the east coast. This has resulted in further declines in global fob values, but these have not been as sharp as some…

May 13, 2022Leave a commentGeneral, Nitrogen, Profercy World Nitrogen IndexBy Profercy Nitrogen
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