28 August 2009 15:29 [Source: ICIS news]
LONDON (ICIS news)--Ammonia demand remains strong at present but activity has slowed due to tight availability from most major supply sources, including Yuzhny, market sources said on Friday.
Vessel loadings have been delayed due to a lack of product at the port and September availability was either already committed or remained unclear, they added.
Russian producer Togliatti restarted its fifth ammonia line on 22-23 August, but at the same time another line went down and has yet to restart. Only four lines were running at present, a company source said.
Availability from ?xml:namespace>
Lower gas prices in the
Last done business was a sale of 15-16,000 tonnes of ammonia from the warehouse of Ukrainian producer
There are indications that
Sources estimated that prices would need to be close to $300/tonne FOB Yuzhny to make Ukrainian exports viable.
($1 = €0.70)
To discuss issues facing the chemical industry go to ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|