Market Commentaries

Ammonia prices in NW Europe were unchanged on Monday, despite easing natural gas prices in west Europe...

Reports of spot ammonia trades were thin on the ground on Friday, with buyers absent in India for the national holiday and many traders in Europe still out for August holidays...

Middle East suppliers reported spot inquiries from NW Europe for 23,000-25,000mt shipments, while Indian buyers were seeking smaller lot sizes of 7-10,000mt on Thursday...

Ammonia spot activity was slow on Wednesday because of the August holiday month, sources said, but prices remained stable as natural gas...

Ammonia prices were steady on Tuesday as natural gas prices in west Europe lost most of yesterday's gains, and the market focused on production costs in Europe along with trade activity to and from the US...

Ammonia prices were stable on Monday, as natural gas prices in west Europe reversed some of the losses posted last week...

Import prices in NW Europe were unchanged at $455/mt on Friday, but could start to be tested as natural gas prices in west Europe continued to ease...

Northwest European CFR prices edged higher on Thursday, reflecting firmer indications and a persistently tight market...

The Middle East spot FOB price closed $20 higher at $360/mt on Wednesday, in line with the latest indications from the region, and higher potential netbacks on shipments west of Suez...

Ammonia FOB prices saw upward adjustments of $10/mt at the low-end range in the Americas on Tuesday to reflect netbacks on sales to Europe...