The Outlook Ammonia Prices, markets & analysis
ICIS pricing also provides authoritative price forecasts for the fertilizer industry. The Outlook offers:
Individual monthly reports on ammonia, nitrogen and phosphates
Price forecasts for the coming 12 months
Full and detailed analysis of the supply/demand outlook
All major supply areas and markets covered
How we can help
The Outlook Ammonia news and market information products from ICIS
We offer the following regional The Outlook Ammonia analysis and news coverage to keep you informed of factors and developments affecting prices in the The Outlook Ammonia marketplace.
Price Reporting – More information about the price reports we publish on The Outlook Ammonia
Independent price assessments and market coverage by region
Price History – More information about the historical price data we publish on The Outlook Ammonia
Track historical price data
News & analysis
News & Analysis - News & market analysis specifically relating to The Outlook Ammonia
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
The Outlook Ammonia: Market overview
The ammonia market turn bullish heading into April 2014 as the tense geopolitical situation in the Black Sea spooked the market and triggered a race for April cargoes amid a rise in the price of Russian natural gas for Ukrainian producers.
Black Sea cargoes were secured at $485-500/tonne FOB (free on board) Yuzhny, up $40-50/tonne on March business, and this substantial jump fired the monthly Tampa price nearly 30% to $580/tonne CFR (cost & freight) for April ahead of the key spring planting season in the US.
Despite natural gas curtailments and export licence issues impacting North African producers, cargoes are now flowing more regularly from Egypt and Algeria. Increasing demand from Indian buyers has also seen ammonia prices climb in the Arabian Gulf. SABIC sold 23,400 tonnes of spot ammonia to Yara at $482/tonne FOB and 40,000 tonnes to Koch at $477/tonne FOB for late April loading.
In Asia, the Q1 2014 restart of the Kaltim Parna Industry (KPI) plant in Indonesia has increased spot availability, with the manufacturer concluding several deals with Trammo, including one for April loading at $495/tonne FOB Bontang – up $20/tonne.
Updated to mid-April 2014
News & analysis
The Outlook Ammonia news & analysis
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.
The Outlook Methodology
About The Outlook Ammonia
Ammonia is one of the main sources of nitrogen in fertilisers, as it contains 82% of nitrogen (N), which is essential for the life of plants. Ammonia (NH3) is produced through a chemical reaction (electrolysis). Most of the world’s ammonia production is based on the Haber-Bosch process which was developed by BASF in 1910.
It involves the reaction of hydrogen and nitrogen in the presence of a catalyst under high temperatures and pressures. The hydrogen is usually obtained by the steam reforming of natural gas (methane) but can also be made from the partial oxidation of naphtha and the gasification of coal. The nitrogen is usually obtained by the liquefaction of air.
This reaction requires a large amount of energy and, nowadays, this is provided mainly in the form of natural gas, as it is the most economic, but there are still some ammonia plants, for example in China and Japan, which operate based on naphtha and coal.
Since the 1970s, the production of ammonia, which was born in Europe, has gradually migrated to countries rich in cheap natural gas, such as Russia, Ukraine, Trinidad, Libya, Algeria, Egypt, the Arab Gulf and Indonesia .