Ammonia Market News

The price outlook for the nitrogen fertiliser sector remained upbeat on the final day of the IFA Annual conference in Monaco on Wednesday, but traders were split on where ammonia prices were headed into June...

South Korea imported 119375 mt of ammonia in April, up 55% from March and from 95,119 mt last year..

Indonesian ammonia exports saw a steep drop in March, declining by almost 25% month-on-month to 99,271 mt...

Turkey and Egypt have agreed to carry out joint projects in hydrogen and other energy-related areas...

The US House Committee on Ways & Means is set to vote today on potentially removing the transferability of 45Q tax credits...

Egypt's Suez Canal Authority is reviewing plans to reduce transit fees by 12% to 15% in a bid to win back shipping traffic lost...

Ammonia prices were broadly stable on Monday, as the IFA Annual Conference in Monaco got underway...

Spot ammonia prices in Northwest Europe were unchanged on Friday at $445/mt CFR duty-paid/free, but have some upside potential if gas prices in west Europe remain firm for June...

Indian imports of anhydrous ammonia in February dropped by 3% on month but doubled year-on-year, according to data released by India's Ministry of Commerce and Industry on Friday...

Some spot sales were reported into Turkey on Thursday, but no set prices were confirmed. The market is looking stable/slightly firmer east of Suez...