The Outlook Ammonia is published monthly and covers the global market. Our reliable and trustworthy report gives detailed news and analysis on key drivers, price forecasts, demand and supply patterns, deals and visual data, as well as any other pertinent factors influencing the market at the time of publication. This information can allow you to make informed business choices by keeping you abreast of price movements that are likely to impact short-term trades and strategies over the next 12 months. These are produced by Integer Research on behalf of ICIS.
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
Updated to Q1 2017
Global ammonia prices are expected to continue their late 2016 upward trajectory throughout the first quarter of 2017 due to the severe supply squeeze in Yuzhny that badly disrupted January loadings.
Until that deadlock between Russian producer Togliatti and a Ukrainian pipeline operator is resolved, the market West of Suez should remain tight as major supplier Ameropa will be required to find 70,000 tonnes/month from alternative sources that could include Algeria and Turkey.
In addition, natural gas curtailments in Trinidad will continue to hamper operators' efforts to maximise output for markets like the US, Morocco, Chile and Mexico.
East of Suez, Arabian Gulf FOB prices are likely to edge above $250/tonne for February loadings given last January business was $241/tonne and that players like Ameropa and Trammo are having to cast their net farther to secure material for European and North African customers.
Higher prices will, in turn, be seen in India, Korea and Taiwan CFR prices – although seasonal factors and scheduled plant shutdowns mean spot buyers are unlikely to face too much competition over the next few weeks, meaning Asia Pacific prices are unlikely to rise rapidly.
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 .