Global ammonia prices in the doldrums as inaugural cargo loads at large Texan plant

Just like its famous equine counterpart, the tanker Dancing Brave was first out the gate when it performed the inaugural loading from the long-awaited Gulf Coast Ammonia (GCA) project in Texas a couple of days ago. The lifting of nearly 15,000t of spot volume for Norwegian major Yara’s operations at its Article Circle fertilizer facility…

Global ammonia prices under downward pressure on healthy supply/demand balance

The international merchant ammonia market has commenced 2025 fundamentally long on a strong supply situation in key export hubs and seasonally weak demand from large industrial buyers in Northwest Europe and Northeast Asia. With downward price pressure in the Middle East and Southeast Asia gathering pace on sluggish order books, discounted cargoes from the former…

Ammonia spot deals accelerate on improved supply, but Algerian issues persist

A series of spot deals were concluded in a hectic week for the merchant ammonia market, a positive trend underlining the far healthier global supply situation, despite production headaches in Algeria persisting and feedstock price volatility in Europe triggering some uncertainty. Towards the end of a year scarred by lengthy periods of capacity curtailments in…

Global urea producers hopeful pending Indian tender purchase will support market

  National Fertilizers Limited (NFL) quickly secured 1.177m. tonnes of urea following the 29 August inquiry for shipments to end-October. As yet the tender has not yet been finalised, with awards pending. With awards currently widely considered a formality, producers and other suppliers are hopeful the extent of commitments will lend support to the urea…