Market Commentaries
9 Apr 2024
Spot ammonia trade in the east of Suez will be limited over the coming days as the Eid al-Fitr holiday gets...
8 Apr 2024
Ammonia prices in northwest Europe were stable on Monday, supported by a near 4.5% increase in TTF natural gas prices...
5 Apr 2024
European TTF natural gas futures rose for a second straight session after touching a two-week low earlier this week, pushing up ammonia replacement levels in Europe...
4 Apr 2024
Ammonia supply/demand dynamics are looking more stable for April, as production curtailments in the Middle East ease...
3 Apr 2024
Ammonia supply out of Saudi Arabia is expected to tighten this month, as Ma'aden shuts down...
2 Apr 2024
The ammonia market is absorbing the impact of the $30/mt rise in the April Tampa contract price agreed between Yara and Mosaic on Friday, which pushed up FOB prices in the Caribbean and the US Gulf, and raised delivered prices...
28 Mar 2024
The gap in ammonia prices between the east and west of Suez widened on Thursday, as delivered prices into India fell below $300/mt CFR while prices from some supply hubs in the west of Suez appeared to be firming
27 Mar 2024
The market is waiting to hear the new Tampa ammonia price settlement between Yara and Mosaic for April. It is not clear if Mosaic's ammonia import requirements will be impacted by a fire at the Riverview phosphate plant...
26 Mar 2024
The price outlook for ammonia looks stable/weak in the west of Suez, as import demand in west Europe remains slow and natural gas prices once again shift..
25 Mar 2024
Ammonia prices were flat on Monday, and some prompt spot volumes from Saudi Arabia remain unsold...
22 Mar 2024
TTF month-ahead natural gas prices ended the week at $8.67/mmBtu, up 3.6% on the day, but still a third of..
21 Mar 2024
Delivered ammonia prices into East Asia rose as production curtailments in southeast Asia and the Middle East, coupled with firm prompt demand from China...
20 Mar 2024
Spot ammonia activity was quiet east of Suez, but a very prompt cargo is on offer from Algeria...
19 Mar 2024
NW Europe ammonia prices rose $5/mt, supported by another increase in TTF natural gas prices on Tuesday...
18 Mar 2024
Indian ammonia demand is unstable as Red Sea tensions continue to disrupt raw material deliveries. While there is some spot ammonia demand in India, a number of importers are down for maintenance...
15 Mar 2024
Northwest Europe ammonia CFR prices were unchanged on Friday, despite a 4.8% rise in April TTF natural gas price...
14 Mar 2024
The focus of the ammonia market has shifted to the tight domestic supply situation in the US, some patches of spot demand in India, and the resumption of steady ammonia availability..
13 Mar 2024
Despite scheduled turnarounds being underway at some phosphate plants for March, there has been some spot activity in the Indian...
12 Mar 2024
Ammonia prices were flat on Tuesday, but prices for NW Europe CFR continued to look under pressure with TTF...
11 Mar 2024
Ammonia prices remained stable in the east of Suez, with ongoing maintenance at ammonia plants in the Middle East and Southeast Asia easing some of the supply weight