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NH3 Price.
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Ron (Cen. IL.)
Posted 5/31/2024 20:23 (#10758601 - in reply to #10758234)
Subject: RE: NH3 Price.


Central Illinois
ObSeRv - 5/31/2024 14:40

.31/# of N

So take .31 divided by .82 (anhydrous) gets you to price per pound of product. Times 2,000 to get to a ton.

$756


I'm going to regret getting involved in this.

2000 pounds in a ton, anhydrous is 82% N = 1640 pounds of N in a ton X .31 = $508.40 per ton

If you say anhydrous is 756/ton, that's 37.8 cents per pound of anhydrous, the price of actual N has to be more than that. ($756 divided by 2000 = .378)

If you divide .378 by .82, you get 46 cents per pound of actual N.

Just by coincidence, if you take the 1640 (pounds of actual N in a ton) X .46, you get $756.
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