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rickgthf
Senior Advisor

Incase you haven't noticed, Feb 22 Natural gas is down to $3.73, Apr 22 is $3.507 and

... cash is $3.56.  This is down from the highs of $6.40s in Oct 21 but still up from the lows last year of $3.00.

  I wonder what excuse they will give for that $1500/ton ammonia now?

3 Replies
elcheapo
Veteran Advisor

Re: Incase you haven't noticed, Feb 22 Natural gas is down to $3.73, Apr 22 is $3.507 and

Good question

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sdholloway56
Senior Advisor

Re: Incase you haven't noticed, Feb 22 Natural gas is down to $3.73, Apr 22 is $3.507 and

When NG spiked to $16 in 2006 I think NH3 was around $400.

That would have been unprofitable for an unhedged producer, but they often are hedged.

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sw363535
Honored Advisor

Re: Incase you haven't noticed, Feb 22 Natural gas is down to $3.73, Apr 22 is $3.507 and

total nonsense Sd.  fertilizer cost of production is ?????    Like to see a source on that statement.

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