Market Commentaries

Ammonia prices were unchanged on Friday, with no new spot deals confirmed. Traders in Europe expect a soft-to-stable market in May after the Tampa price settled $20mt lower for the month - a milder correction than expected..

Ammonia prices appear to be stabilising, or least falling more slowly, ahead of scheduled supply curtailments east of Suez. The Tampa settlement for May was confirmed on Thursday at $415/mt CFR...

Some spot ammonia demand was reported in Turkey on Wednesday, as Igsas issued an inquiry for 10,000mt of ammonia for delivery in late-May/early June...

Quantum Commodity Intelligence - Ammonia prices west of Suez were unchanged on Tuesday. Contract prices in India widened to $325-350/mt CFR, after prices for a mid-April delivery to Haldia were confirmed...

The massive explosion on Saturday in Iran's southern city of Bandar Abbas, which left 40 people dead and over 1,000 injured, is not expected to have any significant impact on ammonia exports from the Islamic Republic...

Ammonia prices were unchanged on Friday, with no new spot deals confirmed. There is some downward pressure on ammonia prices in NW Europe, as the end of the spring fertiliser application season in Europe approaches...

Ammonia prices continue to slip west of Suez, as market focus shifts to where the next Tampa contract price will settle for May...

The ammonia market was mostly flat on Wednesday, although Asia prices increased marginally on the latest indications from traders...

The ammonia market remained flat on Tuesday, following the Easter Holidays...

Two spot ammonia deals emerged late on Thursday, with Indonesia's Parna Raya and Malaysia's Petronas selling cargoes to Zhanjiang, China...