# Wholesale Ammonia Prices Firm Ahead of Fall Application Season

> International ammonia prices firmed through September 2017 as spot supply in the Black Sea, Baltic, Europe and Algeria tightened. OCI paid $270/mt FOB Baltic, a $60 premium to contract, and Yuzhnyy FOB levels rose to $210-215/mt. Mosaic declared force majeure on inbound ammonia after Hurricane Irma, yet its October Tampa settlement still rose $30 to $245/mt CFR.

- Date: 2017-10-04 · published 2017-10-04T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/68765-wholesale-ammonia-prices-firm-ahead-of-fall-application-season
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Tight ammonia supply at major hubs supports higher nitrogen fertilizer costs into the fall application season, which feeds through to urea and other nitrogen prices and to grain production costs.

## Read by commodity

- UREA: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2017/10/03/wholesale-ammonia-prices-firm-ahead

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.