Insights

Little spring cheer for ammonia suppliers as oversupply casts long shadow over market

Global nitrogen markets yet to find a floor as supply continues to surpass demand

Global nitrogen values have declined close to pre-gas crisis levels

Profercy World Nitrogen Index falls to 16-month lows as producers await buying interest

Demand remains elusive for urea as markets near Q3 2021 levels

Urea: Lower EU gas prices and India's absence results in bearish start to 2023

New Year cheer for ammonia buyers as prices fall on abundant supply and softer natgas prices

Achema Lithuania to temporarily halt ammonia production from 19 December

US UAN river values feel the pressure from softer urea market

Europe: Nitrates prices decline following restarts; now nearing breakeven levels

PWNI falls further as India heavily influences most fob values

Chinese urea exports pick up during Q3: Competitive offers into India still shaping international urea values

Global ammonia prices under downward pressure as surplus spot cargoes dent producers’ price targets

IPL India set to book 1.5m. tonnes following latest urea purchasing inquiry

Slump in Northeast Asia’s ammonia imports accelerates to nearly 55% y-o-y amid industrial turmoil

Urea values dip following conclusion of latest Indian inquiry

Potential resumption of Russian ammonia exports sends shockwave through global market

PWNI makes further losses as limited urea demand pressures values

PWNI continues to advance as nitrogen values firm on escalating supply concerns in Europe