Market Commentaries

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 ...

Delivered spot ammonia prices into Morocco dropped over $50/mt on Thursday, while North Africa FOB prices firmed...

Ammonia from the Arab Gulf could soon flow to Europe and North Africa via the Red Sea and Suez again as war risk insurance costs fall, sources told Quantum...

Some spot ammonia demand in India has emerged, as FACT issued an ammonia purchase tender for April delivery...

Ammonia prices were stable on Monday, although further easing in west European gas prices could erode some support for spot NW Europe CFR prices of $580/mt duty-paid...

Ammonia FOB prices in North Africa rose $10/mt on Friday, as details of a sale out of Algeria were confirmed at $530/mt FOB...

Ammonia prices were stable west of Suez — despite the downward trend taking hold in Asia pricing — on continued supply build-up...

Prices in Asia saw a correction on Wednesday as two spot deals came to light to and from China, along with revised bids and offers from traders..

Upwards pressure on NW European CFR ammonia prices continued as the local Spring fertiliser application season rapidly approaches, and further ammonia curtailments at west European plants look likely...

Ammonia prices were stable on Monday, but natural gas prices in west Europe continue to climb, which could result in further production curtailments in Europe. Following tentative signs that the Red Sea route...

Ammonia prices were stable on Friday, with the outlook for West of Suez market prices remaining firm...

Ammonia prices continue to diverge between East and West of Suez, on signs of creeping supply length in the west/southeast Asia regions...

Ammonia prices were supported on Wednesday by high natural gas prices in Europe, and news that fresh ammonia supply from the US will not be available before Q2.

Iranian ammonia exports could face further payment and freight hurdles amid reports that President Donald Trump is planning to exert more political pressure on Iran...

The closing date for Iran's Hengam sales tender for 15,000 mt of ammonia has been extended to 15 February...