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US ammonia prices rose 16.5% in early November 2026 after falling 1.4% in October. Imports from Trinidad and Tobago fell about 34% during 2026, and Nutrien shut its Trinidad nitrogen operations because of natural gas supply problems.
Higher natural gas costs also added to the tightness.
Higher nitrogen fertilizer costs raise the cost of growing corn and other feed grains, which can support grain prices over time. The rebound also points to tighter nitrogen supply heading into winter and spring.
chemanalyst.comSylvia LaurentNov 12, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
