Ammonia
Market moving insight on clean and conventional ammonia – delivering robust price assessments, actionable commentary, powerful data, vital analysis and outlooks
Overview
The ammonia market is undergoing a period of rapid and dramatic change. Conventional or ‘grey’ ammonia is traditionally produced almost exclusively for its nitrogen content. However, the urgent need to decarbonise the global economy and meet ambitious zero-carbon goals has opened up exciting new opportunities.
Ammonia has the potential to be the most cost-effective and practical ‘zero-carbon’ energy carrier in the form of hydrogen to the energy and fuels sectors. This has led to rapid growth of interest in clean ammonia and a flurry of new ‘green’ and ‘blue’ ammonia projects.
Argus has many decades of experience covering the ammonia market. We incorporate our multi-commodity market expertise in energy, marine fuels, the transition to net zero and hydrogen to provide existing market participants and new entrants with the full market narrative.
Our industry-leading price assessments, powerful data, vital analysis and robust outlooks will support you through:
- Ammonia price assessments (daily and weekly), some of which are basis for Argus ammonia futures contracts, Ammonia forward curve data and clean ammonia cost assessments and modelled weekly prices
- Short and medium to long-term forecasting, modelling and analysis of conventional and clean ammonia prices, supply, demand, trade and projects
- Bespoke consulting project support
Latest ammonia news
Browse the latest market moving news on the global ammonia industry.
CHS, OCP launch venture to produce US phosphate
CHS, OCP launch venture to produce US phosphate
Houston, 26 August (Argus) — Moroccan phosphate producer OCP will work in partnership with US agribusiness CHS to build a new facility in Waggaman, Louisiana, that will produce 1.3mn metric tonnes (t)/yr of phosphate fertilizer. The $450mn phosphate production facility will be built in the Cornerstone Energy Park alongside CF Industries' Waggaman ammonia production facility, a key input for turning phosphate rock into fertilizer. The announcement comes just a couple months after President Donald Trump announced that countervailing duties on OCP phosphate imports will be suspended until early 2027 to relieve rising fertilizer costs for domestic growers. The plant will be the first phosphate production facility built in the US in 42 years, though no timeline for the plant's development was revealed. Once all project-related and funding approvals are finalized, construction should take about 24 months. The facility is expected to produce commonly used phosphate fertilizers such as DAP and MAP, according to OCP. The project will also include storage for both raw materials and finished products, as well as storage tanks for merchant-grade phosphoric acid. By Taylor Zavala Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Chile should prioritise grids before H2, council says
Chile should prioritise grids before H2, council says
Paris, 21 August (Argus) — Chile should prioritise electricity grid expansion and modernisation if it wants to realise large-scale production of renewable hydrogen and derivatives, according to a new policy proposal from the country's infrastructure policy council (CPI). In a discussion paper outlining a roadmap for Chile's energy transition through to 2035, CPI argues that the country's main energy challenge is no longer renewable power generation but the transmission, distribution and storage infrastructure needed to support it. Chile has rapidly expanded renewable generation in recent years, but increasing volumes of renewable electricity are being curtailed because of transmission constraints. Curtailment reached 6,205GWh in 2025, equivalent to about 7.3pc of total electricity generation, according to CPI. CPI proposes stronger electrification across transport, industry and residential heating, alongside investment in transmission infrastructure and battery storage. It identifies renewable hydrogen and derivatives such as ammonia as strategic long-term industries that could support domestic decarbonisation. But it argues that a rapid shift to renewable hydrogen is not economically viable in the near term. Ammonia could play a strategic role in hard-to-abate sectors such as shipping and heavy transport, while domestic production could also help supply Chile's mining industry, CPI said. CPI proposes producing ammonia using natural gas from Argentina's Vaca Muerta shale reserves, arguing this would allow Chile to build industrial capabilities and reduce dependence on imports before renewable hydrogen production scales up. Chile currently imports all of the ammonia used by its mining industry to produce ammonium nitrate for explosives, CPI noted. The country's copper mining sector could become a key early-stage consumer of domestically produced hydrogen and derivatives, industry association H2 Chile has previously said . CPI is calling for measures to accelerate transmission and storage deployment, alongside reforms designed to support electrification and create the conditions for large-scale renewable hydrogen and ammonia production over the longer term. The Chilean government will work with CPI and the Inter-American Development Bank to develop proposals for power-sector reform. The infrastructure challenge is not unique to Chile. Grid constraints have also emerged as a bottleneck for hydrogen projects in countries including Brazil and Spain , where developers have struggled to secure grid access for large-scale electrolysis projects. By Pamela Machado Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Sabic AN and Maaden eye Saudi fertilizer collaboration
Sabic AN and Maaden eye Saudi fertilizer collaboration
Amsterdam, 18 August (Argus) — Major Saudi Arabian fertilizer producers Sabic AN and Maaden have signed an agreement to explore potential collaboration opportunities. The non-binding agreement aims to establish a framework for exploring opportunities within the fertilizer value chain, including the production and manufacturing of value-added products, according to an exchange filing. The agreement is valid for three years from its signing, Sabic AN said. Sabic plans to add 2.6mn t/yr of urea capacity in the future, bringing its total capacity to around 7.4mn t/yr, after the Saudi energy ministry approved an allocation of gas for the addition in March. The agreement was signed between Sabic AN and Maaden Integrated Fertilizer (MIFC). MIFC was incorporated in September 2023 and is a holding company for Maaden's stakes in its phosphate businesses and other key subsidiaries. Sabic and Maaden have had a long association in the fertilizer space, with Sabic having held minority shareholdings in Maaden's Wa'ad Al-Shamal and Maaden Phosphate since their inception. By Harry Minihan Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Yara, Air Products finalise Saudi green ammonia deal
Yara, Air Products finalise Saudi green ammonia deal
Hamburg, 30 July (Argus) — Industrial gas firm Air Products has finalised an agreement with Norwegian fertilizer giant Yara on renewable ammonia sales from the Neom plant in Saudi Arabia. Yara will market renewable ammonia that Air Products does not sell as hydrogen, the US firm said in its second-quarter results today. The firms said in December 2025 that they were in discussions on a "marketing and distribution agreement" for Neom. Air Products is the sole offtaker for the 1.2mn t/yr Neom plant under a 30-year contract. It plans to crack ammonia back into hydrogen for sale in Europe, including under a deal with TotalEnergies . The agreement allows some of the Neom supply to be sold directly as ammonia instead of being cracked into hydrogen. The volumes will be "sold and delivered to Yara's existing global supply chain", Air Products chief executive Eduardo Menezes said. Yara will be "compensated on a commission basis" for the sales, Air Products said. The US firm said the agreement reduces its "need for green hydrogen downstream investment", potentially lowering its requirement for ammonia cracking capacity. Air Products previously announced plans for ammonia cracking plants at several locations in northwest Europe, but it has yet to take a final investment decision on any facility. The arrangement could help Air Products market early Neom volumes before any ammonia cracking facility starts operating. Neom could produce first ammonia in 2027, the project developers said in March. But Air Products expects "a long commissioning process" and that "it will take some time for the facility to get to full production", Menezes said today. Air Products expects "no gain or loss" related to the Neom project in 2027, Menezes said. The company recently called off plans to continue development of the Louisiana Clean Energy Complex (LCEC), which was slated to produce around 600,000 t/yr of hydrogen from natural gas with carbon capture and storage. Air Products is now looking to deploy assets purchased for the facility in other projects or sell them to other companies, Menezes said. Equipment such as air separation units could be used at other Air Products plants, while the company intends to commercialise the ammonia loop as a complete unit, he said. By Stefan Krumpelmann Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
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