Ammonia Prices, Pricing, Price, News | ChemAnalyst

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Ammonia Prices Overview  
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Market Overview Quarterly Update on Global
Ammonia Market   For the Quarter Ending March
2021   North America   Ammonia production in
North America remained disrupted throughout the
quarter due to severe climate calamity. Supply
for Ammonia across the region remained tight
while the demand remained firm from downstream
agrochemicals industries. During this period,
some major Ammonia plants like Nutrien No 4 plant
with an annual capacity of 760,000 MT, Tringen 2
with capacity of 500,000 MTand Yara BASF plant
with a capacity 750,000 MT at freeport Texas
remained idled. The shortage of Ammonia across
the region made the prices to rise, FOB prices of
Ammonia at Texas improved from USD 195 per MT
(January 2021) to USD 205 per MT (March 2021).
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Ammonia Prices Overview
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Asia   Demand for Ammonia in the domestic Asian
market remained stable to firm throughout the
quarter. Though the supply remained tight, as
trading activities witnessed difficulties due to
congestion on prime trading routes amidst the
increased freight shipping cost. Meanwhile
Lunar year in China, reduced the inventories
level of Chinese manufacturers that created an
additional burden on prices. The aqueous Ammonia
prices in Indian market rose by 7.07 within the
quarter and settled at USD 313.28 per MT in
March. Get more info https//www.chemanalyst.com
/Pricing-data/ammonia-37   Europe   Europe had a
robust demand for Ammonia from domestic
agrochemicals manufacturers, while witnessing
unstable supply. High demand amidst tight supply
forced traders to opt for premium prices of
Ammonia. Later during March Suez Canal crisis
also impacted the trading activities across Asia
and Europe, which also affected the prices of
Ammonia in the European region. Traders
anticipated that the supply activity would
normalize soon after the major plants of the
region resume their activity.  How we can
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Ammonia Prices Overview
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Methodology ChemAnalyst gathers information
through primary research surveys conducted with
various Ammonia manufacturers, spread across
the domestic and international markets, suppliers
and dealers/distributors to gain insights
into value-chains and demand-supply scenario to
assess the market situation. Thorough study of
the companys annual reports and secondary
sources such as exhaustive search on credible
paid databases, including our internal database
is done to verify the information. All the
collected information is analyzed, evaluated and
presented in chronological order to depict a
meaningful and clear picture of the concerned
market.   Our dedicated team of industry experts
comprehensively monitors and analyzes various
aspects of the Global Ammonia market. The team
analyzes various industrial segments, strategic
viewpoints and provides an analysis of the
industrys performance in the long run. This
would enable our clients in efficiently plan
their future investments, mitigate risk,
understand the cost dynamics and strike out a
balance amidst market volatility.   Critical
examination of the impact of COVID-19 pandemic on
the global supply chains and shift in demand
patterns with change in buying behavior of
consumers across the globe.   Several ongoing
development projects across industries are
tracked, followed by the details of major
projects in the development stage, which can
positively or negatively influence the Global
Ammonia market.   Pricing is captured
through exhaustive primary interviews with
domestic and international manufacturers, traders
and importers and customers on monthly and yearly
basis.   Finally, region-specific markets for
Ammonia are analyzed and region-wise demand
pattern is tracked.
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Ammonia Prices Overview
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About Ammonia (NH3) is a colorless
gas, possessing a characteristic pungent odor.
Ammonia is one of the largest-volume synthetic
chemicals used as a building block of the world
nitrogen industry and is used as a crucial
intermediate to produce a wide variety of
nitrogen-based fertilizers such as urea, ammonium
nitrate, ammonium phosphates, nitric acid,
ammonium sulfate and several industrial products.
Ammonia can be produced via multiple
manufacturing techniques. The chief commercial
method of producing anhydrous liquid ammonia is
by the Haber-Bosch process, which involves the
catalytic reaction of elemental hydrogen (sourced
from natural gas) and elemental nitrogen (derived
from process air)- known as the "ammonia
synthesis loop". In the textile industry, Ammonia
is used for manufacturing synthetic fibers, such
as nylon and rayon. Ammonia is also used in
various metallurgical processes for nitriding
alloy sheets to harden their surfaces and also
serves as a portable source of atomic hydrogen
for welding. The largest Ammonia producing
countries are China, India, Russia, United
States, Trinidad Tobago, and Indonesia.
Product Specific Details   CAS No.
7664-41-7 HS Code 28141000 Packaging
Size Drum/tank Incoterms CFR,
FOB, Ex-Works, Bulk Contracted, Spot   Countries
Covered   APAC  China, Japan, India, South
Korea, Singapore, Europe  Germany, France,
Belgium America  USA, Brazil MEA  Saudi Arabia,
UAE, South Africa
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Ammonia Prices Overview
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