Key market prices 1Q 2023
Fertilizer market prices - USD/t, average of publications | ||||
1Q22 | 1Q23 | Change | Comments | |
Ammonia | 1,079 | 830 | -249 | FOB Black Sea, 1 month lag |
Urea | 721 | 380 | -341 | FOB Black Sea, 1 month lag |
CAN | 682 | 551 | -134 | CIF Germany, 1 month lag |
Currencies, no lag, updated to March 14th | ||||
1Q22 | 1Q23 | Change | Comments | |
USD per EUR | 1.12 | 1.07 | -0.05 | |
Please update to end March | ||||
USD per NOK | 0.11 | 0.10 | -0.021 | |
USD per BRL | 0.19 | 0.19 | 0.00 | |
Natural gas: impact of spot price change (using 1 month lag) | |||||
Gas cost guiding from 4Q22 report based on forward curves 31 January: | +320 | MUSD (saving) | |||
Estimated impact of spot pricing compared with forward curves | |||||
(based on last year's gas consumption as reported in 4Q221): | +17 | MUSD (saving) | |||
Updated gas cost guiding: | +337 MUSD (saving) | ||||
1) | Rounding | ||||
2) | As part of the fourth quarter 2022 presentation, details for 1Q23 gas guiding was given on slide 30. The impact of European spot prices compared with forward curves as of 31 January has been calculated based | 1 | |||
on last year's first quarter gas consumption of 34.8 mmbtu rather than the regular calculation using gas consumption based on capacities of 40 mmbtu per quarter. |
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Yara International ASA published this content on 15 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 March 2023 09:39:05 UTC.