The ammonia market is undergoing a period of rapid change, with significant adjustments to the global demand and supply chain creating a volatile environment for trading merchant ammonia.
In the west, the emergence of shale gas in the US has led to a rise in domestic production capacity. A sharp fall in US imports is expected to be offset by growing volumes from the Caribbean to Africa, Europe and Asia-Pacific. In the east, new export capacity is coming on line in southeast Asia, and this is expected to feed growing demand from key consumers in South Korea, Taiwan and China.
Fundamentally, the market is still experiencing a long-term downward shift, and price volatility is increasing. At the same time, there is demand for in-depth trade analysis to capture these changing market trends. This has implications for price transparency, necessitating real expertise and experience in assessing prices, backed up by a rigorous methodology.Argus has 30 years of experience in covering this market, and boasts unrivalled global editorial reach — from Singapore to London to Rio — meaning our editors are closer to these markets than anyone else.