US Tampa: Ammonia price expected to increase in September

摘要

The Tampa August ammonia price was agreed by Yara and Mosaic at $205/t CFR, stable month-over-month, but there are some expectations for a change next month. The Tampa benchmark has been pushed lower by weak industrial demand on the back of the Covid-19 crisis and seasonally weak fertilizer-ammonia demand. These pressures have supported CF's plans to export three cargoes from Donaldsonville in August, similar to its July schedule.