The sharp global economic downturn caused by the coronavirus pandemic and the collapse in crude oil prices has wide-ranging implications for the fertilizers industry.
Bookmark this Topic Page to stay up to date at this unprecedented time with expert insight and analysis of the impact these developments are having on fertilizer markets.
Scroll down to see the latest interactive graphics, podcasts and videos.Credit: Shutterstock
By Richard Ewing 18-Sep-20 LONDON (ICIS)--Brazil's Petrobras has announced plans to sell its shuttered ammonia and urea plants run by wholly-owned subsidiary Araucária Nitrogenados S.A. (ANSA).
Hibernated since the start of this year, the complex in the southern state of Paraná has a daily urea and ammonia capacity of 1,975 tonnes and 1,303 tonnes, respectively.
By Richard Ewing 18-Sep-20 LONDON (ICIS)--India's Fertilisers and Chemicals Travancore (FACT) on Friday awarded Trammo part of its recent ammonia purchase tender, the first time in months such an enquiry resulted in a sale.
The trader will deliver around 7,500 tonnes of the nitrogen fertilizer to the west coast port of Kochi (Cochin) between 1 and 10 November after the award at $295/tonne CFR (cost and freight).
By Al Greenwood 15-Sep-2020 HOUSTON (ICIS)--The path of Hurricane Sally continues to move eastwards and away from the corridor of chemical plants and refineries in Louisiana, meteorologists said on Tuesday.
Sally could now make landfall by Wednesday near the border between Mississippi and Alabama before moving northeast through Georgia and the Carolinas.Source - National Hurricane Center
By Sylvia Traganida 14-Sep-2020 LONDON (ICIS)--The sulphur and phosphates markets are gearing up for Q4 settlements.
ICIS editors Erica Sesay, Annalise Porter and Sylvia Traganida discuss the key talking points in the run-up to the final quarter.
By Deepika Thapliyal 9-Sept-20 LONDON (ICIS) – In India, rainfall during August came in at a 44-year high, at 27% above the Long Period Average (LPA) or 50-year average, according to state-run India Meteorological Department (IMD).
This comes after rains were 10% below average in July.Indian state wise rain in August. Source - IMD
By Sylvia Traganida 4-Sept-20 LONDON (ICIS)--The urea market is taking a pause after recording big price increases over the last few months. Will this phase of slow activity last only a few weeks or could there be a correction in store? ICIS editors Julia Meehan and Deepika Thapliyal tell you more.
Click here to listen in a new window.
By Richard Ewing 2-Sep-20 LONDON (ICIS)--Australian fertilizer firm Danakali on Wednesday announced the completion of the second phase of the engineering, procurement, construction management (EPCM) stage of its sulphate of potash (SOP) project in Eritrea.
The company, which in late July was granted final approval from the Eritrean Ministry of Energy & Mines for the Colluli Potash Project, now has "greater certainty of scope definition" following the third-party review by DRA Global of the process plant and associated infrastructure work.Source - Danakali
By Richard Ewing 1-Sep-20 LONDON (ICIS)--Ukrainian ammonia and urea manufacturer Odessa Port Plant (OPZ) on Tuesday received its first supply of feedstock from Agro Gas Trading (AGT) under the pair's latest gas tolling deal.
AGT will continue to supply raw material to the Odessa-based producer for the rest of 2020 after OPZ's tender for a longer term arrangement was delayed by a local commercial court ruling in late July.Source - OPZ
By Julia Meehan 28-Aug-20 LONDON (ICIS)--The international urea market was almost at a standstill for much of the trading week as it waited for news of India’s Minerals and Metals Trading Corporation of India (MMTC) tender.
A total of 2.3m tonnes of urea was offered and MMTC agreed to purchase 1.7m tonnes.
By Mark Milam 25-Aug-20 HOUSTON (ICIS)--Having faced the first blow of a double tropical storm pattern, the fertilizer industry is keeping a watchful eye on developments of Hurricane Laura as the system moves closer to a landfall along the Texas-Louisiana coastline.
The approaching second storm and the earlier rain and wind impacts from tropical storm Marco have left fertilizer activity muted but to this point plant operations continue to function and there has been no immediate reports of damage to facilities.Satellite image of Hurricane Laura over the Gulf of Mexico. (Credit: AP/Shutterstock)
ICIS is excited to announce the launch and production of the Global Fertilizer Trade Flow Map in partnership with the International Fertilizer Association (IFA).
The map provides a geographical picture of the trade flows of fertilizer products between the major producing and importing countries in the world, as well as production and consumption data.
The Fertilizer Trade Flow Map provides:
- The world’s major producing countries of fertilizers and raw materials
- The main fertilizer consuming countries
- Trends in prices for ammonia, diammonium phosphate (DAP), muriate of potash (MOP), urea, sulphur, sulphuric acid and natural gas
Click here to download the map for free.