Strong domestic season in Russia followed by sudden collapse in ammonium nitrate prices

Export values for FSU ammonium nitrate have fallen significantly in recent weeks with Baltic values no better than $160pt fob. The domestic spring season, October through April, is now a distant memory for Russian producers. During this period, strong local markets minimised export volumes, allowing most small and medium producers (with up to one cargo…

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Nola urea values fall to 18-month lows with international market sentiment negative

The US Gulf price slide continued this week with November granular urea barges trading down to $215ps ton fob Nola early in the week. Nola values have fallen more than $35ps ton since the end of September with business concluded at 18-month lows this week before a modest rebound to $220ps ton fob Nola took…

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