ARGUS Ammonia

The Argus Ammonia service is your reliable and proven source of global grey, low and zero-carbon ammonia market intelligence. We empower market participants to make informed business decisions through:

• Independent, highly accurate daily and weekly price assessments
• Up-to-date and timely reporting on international trade, global market developments and consequent price movements
• Insightful commentary from our ammonia market experts
• Powerful online tools, dashboards and proprietary data

Low and zero-carbon ammonia coverage

Argus Ammonia is the industry’s leading source of dedicated clean ammonia coverage, including a Carbon-Adjusted Price of Ammonia (CAPA), a modelled weekly price for green ammonia and fuel equivalent pricing. The service also includes a round-up of key developments from blue and green ammonia markets, as well as project and vessel tracker data sets.

Daily ammonia price assessments

Following deep consultation with the market and rigorous work within Argus’ ammonia editorial team, an exciting initiative to deliver daily ammonia price assessments was launched in March 2021 and is included as part of the Argus Ammonia service. Our daily price assessments offer unique benefits, including:

• Greater certainty: Increased price frequency gives you immediate clarity for volatile markets
• Lower risk: Additional data points ensure your business calculations are more robust
• Smarter outcomes: Daily data powers the most sophisticated data analysis and algorithmic trading tools
• Increased confidence: We give you access to the largest editorial team with the greatest geographical reach and most rigorous methodological adherence

The daily ammonia prices assessed are: Northwest Europe cfr duty paid/free, US Gulf cfr, East Asia cfr (excl. Taiwan), Middle East fob.

ICE and Argus Ammonia NW Europe CFR Future

• ICE (Intercontinental Exchange, Inc) launched an ammonia futures contract on 16th January 2023, based on the Argus daily northwest Europe duty free/paid cfr price
• The development of the Argus Ammonia NW Europe CFR Future allows market participants to hedge physical price risk, in a rapidly changing market that is experiencing unprecedented levels of volatility
• Uncertainty and the cost associated with switching to blue or green ammonia from power generation and shipping sectors has triggered interest in a risk management tool as these markets develop

Key features

• Key price indicators for major exporting and importing regions, with 22 price assessments and 17 freight assessments
• Regular news, commentary and analysis from our teams based in all regions across the world
• Forward-looking analysis including a 30 to 60-day outlook
• Key gas prices that determine the floor price for ammonia
• Updates on production rates and plant shutdowns
• Ammonia freight trends
• Key export and import data, and analysis of stock levels in key markets
• Clean ammonia coverage
  • Modelled weekly price; fuel equivalent pricing
  • Key news and developments, project and vessel tracker datasets
• Market-appropriate methodology
• Extensive use of graphics, maps and visuals to help digest key information
• Downloadable proprietary datasets, including latest line ups for key export and import regions

Proprietary datasets

• Indian ammonia imports
• Indonesia ammonia export line up
• Middle East ammonia exports
• Pivdenny ammonia supply outlook
• Turkey ammonia imports
• China ammonia imports
• Algeria ammonia exports
• Spot ammonia sales
• Trinidad and Tobago export line up
• Morocco ammonia imports
• Green ammonia project and vessel tracker
• List of green and blue ammonia MoUs
• Maintenance tracker
• South Korean imports
• European ammonia imports

Benefits of choosing Argus

• Robust methodology providing fair and accurate pricing information
• Compliance and auditing to ensure reliability (externally through PWC)
• Global editorial coverage, with reporters on the ground in key markets, the US, Russia, Brazil, India, southeast Asia, China and more

Customers that benefit

Subscribers to the Argus Ammonia service include:

Fertilizer and ammonia producers, trading companies and investment banks, industrial users of ammonia such as ACN, caprolactam and mining-grade AN, as well as new entrants to the market such as energy players/utilities and players active in the shipping and marine fuels market

Below are examples of how some clients use this service:

• Producers and traders leverage Argus’ pricing in the processing and procurement of raw materials and blending. Trading firms involved in the buying and selling of fertilizers use our price assessments when carrying out trades and contracts. Our assessments provide domestic and international businesses with pricing and supply intelligence
• Banks leverage Argus’ pricing and analysis as they provide financing to businesses supporting the advancement of the agri-business