Question-and-Answer Session
Operator
(Operator Instructions) And our first question will come from the line of Dave Silver with JPMorgan. Please proceed.
Dave Silver - JPMorgan
Hi, good morning.
Steve Wilson
Good morning, Dave.
Dave Silver - JPMorgan
Steve, I guess I would say just upfront, I mean, when you have a result like this, it's the result of a number of correct decisions you've made over a long period of time. One area I was wondering if you could address, would be in the sulfur area. A couple of years ago or some time ago, you did sell your interest in your Sulfur Services business.
And now you talked about raw material cost and availability in general, but if you look at the global market, the sulfur market seems to be very, very, very tight. So, could you talk about your general positioning in sulfur and availability?
And then secondly if you think that, amongst rather strategic initiatives, whether there is anything that CF needs to do to secure their position in sulfur?
Steve Wilson
We have been very comfortable with our position in sulfur. We have longstanding strong relationships with our sulfur suppliers. We operate on a basis of having committed supply, to the extent that we can have committed supply. We have not had our phosphate operations impacted by sulfur availability. But it is of course tight, and the pricing in this industry is essentially the same across the board or subject to the same quarterly market force as everyone else's.
In terms of long-term plans in the sulfur area, first I'll mention that we are long way down the road in the number of debottleneck projects in our sulfuric acid production. Of course as we eliminate debottlenecks and increase our sulfuric acid capacity that increases the need for incremental sulfur supply.
Today, we don't have any initiatives in that regard related to having a captive sulfur source if that's what you mean. That would be a very difficult thing for us to do.
Overall, we are as comfortable as we think it's possible to be in a very difficult sulfur supply environment.
Dave Silver - JPMorgan
Okay. Thanks. I am going to shift over to nitrogen and your average selling prices in the fourth quarter. So, one thing I noticed was that your peer company, Terra reported yesterday and they listed their average selling prices, and I was comparing them to the ones you presented. And I noticed that CF had a markedly higher ammonia average selling price then Terra. And they had a significantly higher UAN average selling prices as well. And I was wondering, I am pretty sure you guys do track that and try to figure out the differences.
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