Profercy
Profercy
Global fertilizer prices and market analysis
  • Home
  • Nitrogen
  • Phosphate
  • Potash
  • About Us
  • News
  • Contact
  • Home
  • Nitrogen
  • Phosphate
  • Potash
  • About Us
  • News
  • Contact

The Profercy World Nitrogen Index Explained

October 23, 20134 CommentsNitrogen

The PWNI utilizes key nitrogen fertilizer prices to derive a value for nitrogen as a crop nutrient. 2009 is used as the base point for the Index, which provides a useful and straightforward tool to gauge the overall health of the World market for nitrogen fertilizers.

The prices are derived from the Profercy Nitrogen Report and include: prilled and granular urea; Urea Ammonium Nitrate Solution; Ammonium Nitrate; Ammonium Sulphate; and Ammonia (for direct application).

Key components

The prices used to formulate the index are published each week and include:

  • Prilled Urea – $per tonne fob Yuzhnyy
  • Granular Urea – $per tonne fob Egypt and Arabian Gulf (full range)
  • Ammonium Nitrate – $per tonne fob Black Sea
  • UAN Solution – $per tonne fob Black Sea
  • Ammonium Sulphate (white) – $per tonne fob Black Sea
  • Ammonia – $per tonne fob Yuzhnyy

All solid prices are basis bulk. The prices chosen are considered the key and consistently available barometers of spot trade for seaborne tonnage. For example, for urea Yuzhnyy and Egypt are major areas of spot activity.

Product weighting

With the exception of ammonia, the weightings used by the PWNI are based on each products contribution to the World nitrogen trade in 2011. Urea has the highest weighting at over 60%. The weightings for Ammonium Sulphate, UAN and Ammonium Nitrate are 7%, 8% and 11% respectively.

Although largely regarded as an intermediate product, ammonia has been included as a component of the PWNI with its weight based on direct application in the USA. It holds a weighting of 10%.

The Profercy World Nitrogen Index is published every week through the Profercy Nitrogen Service, which offers daily news, weekly analysis and monthly forecasts.

Share this content
LinkedInGoogle+TwitterFacebook
Related News
Urea markets rebound, driven by short covering and gas concerns in the west
June 24, 2022
Activity returns to north African markets as Egyptians embark on selling spree
June 20, 2022
PWNI continues to slide as nitrogen markets enter turbulent waters
June 17, 2022
Mexican government officially confirms temporary removal of amsul import tariffs
May 27, 2022
PWNI hits lowest point of the year to date as nitrogen values continue to erode
May 27, 2022
Nutrien’s huge clean ammonia plant will boost food security, support global decarbonisation drive
May 27, 2022
4 Comments
  1. Pingback: Nitrogen Index gains 3.77 points on strength of granular urea | Profercy
  2. Pingback: Urea market mood remains bearish – prompt tonnage values fall again | Profercy
  3. Pingback: KemcoreStaying In Charge of Your Mining Chemicals Costs. - Kemcore
  4. Pingback: Global urea prices impacted by lack of major buying interest worldwide… | Profercy
Leave Comment

Cancel reply

Your email address will not be published. Required fields are marked *

clear formSubmit

Recent Insights
  • Urea markets rebound, driven by short covering and gas concerns in the west
  • Activity returns to north African markets as Egyptians embark on selling spree
  • PWNI continues to slide as nitrogen markets enter turbulent waters
  • Mexican government officially confirms temporary removal of amsul import tariffs
  • PWNI hits lowest point of the year to date as nitrogen values continue to erode
Archives
Topics
  • Ammonia (1)
  • General (230)
  • Nitrogen (268)
  • Phosphate & NPKs (11)
  • Potash (4)
  • Profercy World Nitrogen Index (149)
  • Uncategorized (3)
Contact Profercy

Sales / Subscriptions: +44 (0)208 1234 418
Market / Customer Helpline: +44 (0)1372 386205
Press / Media Enquiries: Contact Us

Profercy Ltd,
Riverbridge House
Fetcham Grove
Guildford Road
Leatherhead
Surrey KT22 9AD
United Kingdom

Send an email

Profercy Hub Login

Latest Profercy Updates
  • Urea markets rebound, driven by short covering and gas concerns in the west
  • Activity returns to north African markets as Egyptians embark on selling spree
  • PWNI continues to slide as nitrogen markets enter turbulent waters
Latest Global News
  • Nitrogen markets are responding to the latest developments in Ukraine. The prospect of sanctions on Russian materia… https://t.co/o1eflZDN02
    24th Feb 2022 14:30 UTC
  • Urea - India's anticipated return to the market has been confirmed today with IPL announcing a purchasing tender to… https://t.co/pPnaDGeAkO
    29th Jan 2022 09:04 UTC
  • After a difficult start to the year for producers, urea values are on a firmer footing. The prospect of India retur… https://t.co/XdAw3uuhF5
    28th Jan 2022 16:00 UTC
Copyright © 2022 Profercy Ltd | Registered in England & Wales. Company No. 03220009.

Terms & Conditions - Data & Privacy - Website by Spinach

×
Before you leave...
Would you like to download a free copy of our reports? We have a free sample of each report for you. You can also take a 2 week free trial to see the value we deliver. 

You are giving us consent to send you Profercy reports and information about our services. Privacy Policy