Ammonia Prices, markets & analysis
ICIS provides independent and unbiased pricing information, news and market analysis for the global Ammonia market. Our network of price reporters, based in Asia, Europe and the US, deliver local insight for each of these markets, which is published in our individual weekly and daily price reports.
If you buy or sell Ammonia or related products, our reports, news and market intelligence will give you the prices and analysis of the factors driving the prices that you need to make confident commercial decisions.
Our editor gives their expert view
ICIS Ammonia Overview Transcript
Ammonia is a raw material for the fertilizer and industrial sectors. Production is through a chemical reaction using natural gas, and as a result, the main production regions are areas that have abundant supplies of natural gas including Russia, Ukraine, North Africa, Middle East, the Caribbean and Indonesia.
The main downstream applications for ammonia are in the fertilizer sector. Ammonia can be applied directly to crops or also used in the production of urea, phosphates, ammonium nitrate and ammonium sulphate.
Ammonia can also be used as a raw material for some chemicals including caprolactam and acrylonitrile.
The main price drivers for ammonia are in the fertilizer sector, seasonal fertilizer demand, fertilizer prices and also crop prices.
How we can help
Ammonia news and market information products from ICIS
We offer the following regional Ammonia analysis and news coverage to keep you informed of factors and developments affecting prices in the Ammonia marketplace.
Price Reporting – More information about the price reports we publish on Ammonia
Independent price assessments and market coverage by region
Price History – More information about the historical price data we publish on Ammonia
Track historical price data
Other types of reports we cover for Ammonia
Use margin reports to assess the profitability of commodities
News & analysis
News & Analysis - News & market analysis specifically relating to Ammonia
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Upstream of Ammonia
Downstream of Ammonia
Ammonia: Market overview
Updated to Q4 2014
Limited spot availability in Yuzhny due to natural gas restrictions in Ukraine and trade sanctions against certain Russian ammonia means the Black Sea supply/demand balance is set to remain tight in the fourth quarter. Buyers continue to target spot cargoes out of the Baltic, North Africa and Turkey instead.
In Asia, limited demand for spot ammonia from end-users looks likely to continue, due to poor margins in the downstream chemicals sector, although some relief should be seen by mid-quarter after the Yara Pilbara plant in Australia returns to action after maintenance.
Prices will be dictated by the Middle Eastern producers, but a better regional supply environment should tempt some buyers back to the market by the end of the quarter.
The US ammonia market has experienced a recent escalation in pricing with the uptick fuelled by tighter global inventories and increased natural gas curtailments in Trinidad.
The Tampa price of $640/tonne CFR (cost & freight) for October cargoes was the highest level in 18 months and producers are seeking further increases for November as they remain confident sizeable demand will return.
News & analysis
Ammonia news & analysis
Regional price assessments, published daily or weekly, enabling you to keep track of trading prices, understand price drivers/fluctuations and set a benchmark for contract price settlements. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. Information covered in our price reports includes:
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ICIS launches Global Ammonia Markets General Methodology Consultation more >>
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Ammonia, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.
Ammonia is a colourless, highly water-soluble gas with an intense, pungent, suffocating odour. It is alkaline and caustic, corrosive to copper and galvanised surfaces and is a powerful irritant. It is soluble in chloroform, ether and is easily liquefied under pressure. Liquid ammonia will attack some forms of plastics, rubber, and coatings.
Ammonia's major use is as a nitrogen source in fertilisers where it is both applied directly and used to produce derivatives including ammonium nitrate, urea, ammonium phosphates and ammonium sulphate.
Urea plants are integrated with ammonia production as they require the carbon dioxide by-product from ammonia units.
Ammonia also has a number of industrial end uses. Ammonium nitrate is used to make explosives while the medical grade is decomposed to nitrous oxide (laughing gas). Ammonium bicarbonate has applications in baking powder formulations, in fire extinguishers and as a blowing agent in the manufacture of polymers.
Ammonia is used in the production of hexamethylene diamine (HMDA) for nylon, acrylonitrile (ACN) for fibres and plastics, caprolactam for nylon, isocyanates for polyurethanes, and hydrazine.
Other uses for ammonia include as a refrigerant, a cleaning and bleaching agent, and a household cleaner. It is also used in metal treating operations.
Upstream of Ammonia
Downstream of Ammonia