CF Industries sold 3.0 million tons of ammonia, granular urea, urea ammonium nitrate solutions (UAN), ammonium nitrate (AN) and other nitrogen products during the third quarter of 2012, down about three percent compared to the volume sold in 2011.In the third quarter of 2012, the company sold 416,000 tons of ammonia at an average price of $622 per ton, compared to 403,000 tons at an average price of $552 in the third quarter of 2011. The three percent increase in volume resulted from strong winter wheat application and customers’ desire to secure inventory given the tight ammonia supply in North America. The tight supply resulted in a 13 percent increase in the average price. The company’s ammonia plants in aggregate operated at approximately 99 percent of rated capacity during the quarter.
CF Industries Holdings, Inc. Reports Record Third Quarter Earnings
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