Ammonia FOB prices have been on a downward trend over the 1st three months. Last week prices were up from earlier levels. Prices in US Gulf, Middle East and Caribbean were high, while in North Africa prices were down by $13/mt.
Ammonia prices in US Gulf had gone up from $174/mt to $179/mt by $15/mt
Prices in the Middle East had been assessed higher by $3/mt from $201/mt to $204/mt. In the Caribbean, prices shot up by 7.9% from earlier levels to $164.
Moreover, in North Africa, prices have gone down by $13/mt from $209/mt to $196/mt
From the past three months, ammonia prices have shown a downward trend.