Market Commentaries

Ammonia prices came under further pressure on Thursday as sales prices slid into Turkey, and rumours of a Bangladeshi sale into India suggested further price weakness in Asia is on the way...

Spot ammonia prices in India slid on Wednesday, as sources said import demand into the subcontinent could be dented in April by a phosacid shortage...

India's Fertilisers and Chemicals Travancore (FACT) extended by one week the deadline on its latest ammonia tender for two 8,000mt shipments of ammonia for delivery to Cochin port...

Ammonia prices looked stable/weaker on Monday on balanced supply/demand fundamentals...

Ammonia traders in Ukraine, who are optimistic about a potential ceasefire between Russia and Ukraine lasting, have started to provisionally offer ammonia exports out of the Black Sea port of Pivdenny, sources told Quantum this week...

Speculation over the start up of the Gulf Coast Ammonia plant in Texas grew on Thursday, as Yara's Dancing Brave was confirmed to be heading to the plant's location at the port of Texas City on 26 March...

There are conflicting reports on when the first ammonia cargo may be available for export from the Gulf Coast Ammonia plant in Texas City...

Delivered ammonia prices in NW Europe fell on Tuesday, following a drop in North Africa FOB prices. But NW Europe CFR prices look supported by the renewed upward trend in natural gas prices in the region, as TTF headed towards $14/mmBtu on Tuesday...

Ammonia FOB spot prices dropped 13% in Southeast Asia on Monday, as reports of a new spot trade in the region emerged...

Some fresh spot ammonia demand from India emerged on Friday, with FACT issuing another purchase tender for May/June...

Ammonia spot demand was slow this week, but US imports may pick up for the spring season, and internal prices in the Midwest have seen a sharp increase from February levels...

Indian spot ammonia prices fell Wednesday as buyers reported cheaper offer prices, amid falling freight rates...

Delivered ammonia prices in Turkey slipped $15/mt for spot to $475/mt CFR on Tuesday, on latest indications from traders, while contract delivery prices fell $20/mt to $475-485/mt CFR...

Ammonia prices were stable across most regions, but contract prices for deliveries to North Africa fell by $5/mt on Monday....

Traders were calculating the potential impact of US tariffs on imports from Canada, China, the EU and Mexico and what the implications could be for ammonia trade...

The ammonia market was focused on the $40/mt drop in the Tampa price on Thursday, as the correction weakened price sentiment further in most regions...

Price pressure remains to the downside in the ammonia market, as natural gas prices slid further in NW Europe on Wednesday...

A growing number of producers and ammonia traders have assumed a more bearish outlook for ammonia prices in 2025, citing depressed demand from the downstream chemicals sectors and new upcoming supply from the US...

Ammonia CFR spot prices fell in India on Monday by $10/mt, as latest sales prices from Malaysia were confirmed...

The start up of the ammonia unit at Odesa Port Plant in Ukraine has been delayed indefinitely, as shelling of the port infrastructure and in the Odessa region has impacted electricity supply to the facility ...