Market Commentaries

TTF month-ahead prices closed lower on the day at $14.96/mmBtu on Friday, softer compared to Thursday. Recent high prices continue to support NW Europe CFR ammonia prices going into January...

Markets remain muted as participants slowly return after the holidays..

Ammonia markets were largely quiet on Tuesday and prices unchanged, ahead of the New Year holidays. Some of the contract negotiations which had been ongoing for the better part of Q4 have settled in Taiwan...

The January Tampa price settled last week saw a massive drop from the December settlement, triggering a correction across the market.

With many traders and market participants in Europe out for the holiday season, the ammonia markets were largely quiet on Tuesday...

Traders were still waiting to hear the Tampa price settlement for January 2025 on Monday. ..

Prices were stable west of Suez with no new spot deals reported on Friday. In NW Europe, prices of $600/mt CFR duty-paid...

The market is waiting to hear what will most likely be the final big pricing indicator for the year - the Tampa contract price for January...

Ammonia prices fell in the west of Suez on Wednesday on a weaker price outlook, sliding natural gas prices in west Europe, and...

The India ammonia contract CFR price fell to $400-420/mt on Tuesday, down $20/mt on both ends...

Ammonia import prices in NW Europe could see some further downward pressure if current natural gas price trends continue...

Delivered ammonia prices in NW Europe were unchanged at $620/mt CFR duty-paid for spot, but gas prices fell again...

Ammonia spot activity has been quiet so far this week, as a number of buyers adopt a wait-and-see approach for the remainder of the year...

Ammonia spot activity was quiet on Wednesday, with limited spot demand heard in western Europe for the coming weeks...

Middle East FOB ammonia prices look supported for December as significantly reduced export availability from Saudi Arabia...

Potential upside in ammonia pricing remains limited in December with prices unchanged on Monday...

Ammonia prices were flat on Friday, but some downside pressure on prices is possible in December...

Slow ammonia uptake for the US Fall season, coupled with dwindling spot demand both sides of the Suez are expected to dampen any price negotiations for the remainder of 2024...

Ammonia prices closed unchanged on Wednesday. No spot sales were confirmed, but sources at a fertiliser industry conference...

Ammonia demand is slow, as utilisation rates at European fertiliser plants appears to be slowing because of the regional off-season...