US NOLA: Prior range shrinks after inland rises

摘要

Market players warned that week's wide $56/st spread in New Orleans ammonia indications would not last. The broad range was due to the $40/mt jump in replacement costs basis business at Tampa. This week the overall barge spread narrowed when inland resale prices gained a $30-50/st. The new indicative range for New Orleans ammonia is $315-336/st FOB, narrowing the spread to just $21/st. The high end continues to reflect import costs basis Tampa/US Gulf including throughput.