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.
Bahiagás fornecerá gás para Petrobras
Bahiagás fornecerá gás para Petrobras
Sao Paulo, 22 December (Argus) — A distribuidora de gás natural Bahiagás, com atuação na Bahia, fornecerá gás para a Petrobras para a produção de fertilizantes em sua unidade Fafen. A Bahiagás fornecerá 1,2 milhão de m³/dia de gás por meio de gasodutos para a unidade da Petrobras em Camaçari, na Bahia, informou a Petrobras. O gás permitirá que a empresa produza fertilizantes nitrogenados no local. O gás natural é utilizado como matéria-prima para a produção de ureia e amônia. A retomada da produção de fertilizantes na Fafen contribuirá para o aumento da produção nacional, afirmou a Petrobras. "Isso garantirá uma alternativa rentável para o consumo de gás natural produzido no Brasil", disse William França, diretor de processos industriais e produtos da Petrobras. A Petrobras informou que espera que a unidade inicie suas operações em janeiro, mas não especificou a data de inauguração. A unidade está na fase final de manutenção e comissionamento, com trabalhos para viabilizar os testes de sistemas e equipamentos. A unidade produzirá amônia, ureia granulada e Arla 32, produto para controle de emissões de veículos pesados, também conhecido como AdBlue na Europa e DEF nos EUA. Inclui ainda a operação dos terminais marítimos de amônia e ureia no porto de Aratu, na Bahia, para movimentação desses produtos. As duas unidades de fertilizantes Fafen — a outra fica no estado de Sergipe — têm capacidade combinada de 1,1 milhão de toneladas (t)/ano de fertilizantes e ureia técnica e 900.000t/ano de amônia. A Fafen, na Bahia, retornou ao controle da Petrobras em abril . A unidade havia sido arrendada para o grupo petroquímico brasileiro Unigel — juntamente com a unidade de Sergipe — mas as operações foram suspensas em 2023 devido aos altos preços do gás. A Petrobras deve investir mais de R$2,6 bilhões em unidades de fertilizantes e em uma estrutura de apoio a estaleiros, conforme anunciado em outubro. Por Gisele Augusto Envie comentários e solicite mais informações em feedback@argusmedia.com Copyright © 2025. Argus Media group . Todos os direitos reservados.
Brazil Bahiagas to supply gas to Petrobras ferts
Brazil Bahiagas to supply gas to Petrobras ferts
Sao Paulo, 22 December (Argus) — The natural gas distributor of Brazil's northeastern Bahia state will supply gas to state-controlled firm Petrobras to produce fertilizers in its Fafen unit. Bahiagas will supply 1.2mn m³/d of gas through pipes to Petrobras' unit in Camacari, Bahia, Petrobras said. The gas will allow the firm to produce nitrogen-based fertilizers there Natural gas is used as feedstock to produce urea and ammonia. The resumption of fertilizer production at Fafen will contribute to boosting national production, Petrobras said. "It will guarantee a profitable alternative for the consumption of natural gas produced in Brazil," Petrobras's director of industrial processes and products William Franca said. Petrobras said it expects the unit to start operations in January, but the company did not specify the launch date. The unit is in final stage of maintenance and commissioning is ongoing, with work to enable system and equipment tests. It will produce ammonia, prilled urea and Arla 32, a heavy vehicle emissions-control product also known as AdBlue in Europe and DEF in the US. It also includes the operation of the ammonia and urea maritime terminals at the port of Aratu, in Bahia, to handle the products. The two Fafen fertilizer units — the other is in Sergipe state — have a combined capacity of 1.1mn metric tonnes (t)/year of fertilizer and technical urea and 900,000 t/yr of ammonia. Bahia's Fafen returned to Petrobras' control in April . The unit was leased to Brazilian petrochemical group Unigel — along with the Sergipe unit — but operations were suspended in 2023 because of high gas prices. Petrobras will invest more than R2.6bn ($469.4mn) on fertilizer units and shipyard structure, it said in October . By Gisele Augusto Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.
CBAM documents outline preliminary ammonia values
CBAM documents outline preliminary ammonia values
London, 17 December (Argus) — CBAM documents outline preliminary ammonia values Preliminary documents from the European Commission released today confirm details for the ammonia free allocations benchmark and country-specific default values in the carbon border adjustment mechanism (CBAM). The documents outline that the ammonia free allocations benchmark is being revised lower to 1.522t of CO2 equivalent (CO2e), down from 1.57t, in line with leaked documentation seen last week . This will be subject to a 2.5pc reduction in 2026, lowering it to 1.484t. The documents are likely to be made official in 2026. The preliminary documents also confirm that the default emissions value for US ammonia is being revised to 3.44t of CO2 equivalent (CO2e) in 2026, with most other key supply regions to Europe in line with previous estimates. Algeria is valued at 2.10t CO2e in 2026, Trinidad is higher at 2.44t CO2e, and Egypt is 2.07t CO2e. The default emissions values apply if there are no verified emissions data available for the imported product. The default value for US anhydrous ammonia has increased because the production route for US ammonia has changed from natural gas to petroleum coke, which has resulted in the steep rise to the emissions value. The commission has outlined a 1pc mark-up for all country default values in 2026. Theoretical default costs range up to $196/t for ammonia supplied from the US into Europe, with Trinidad supply at $96/t, Algeria valued at $62/t, and Egypt at $59/t. This is based on the prompt emissions trading system (ETS) price of $100.35/t on 16 December. The Argus Fertilizer CBAM calculator can be accessed here . By Ruth Sharpe Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.
Trump unlikely to reinstate Canada ferts tariffs: TFI
Trump unlikely to reinstate Canada ferts tariffs: TFI
Houston, 11 December (Argus) — US fertilizer industry group The Fertilizer Institute (TFI) expects US president Donald Trump does not intend to reinstate reciprocal tariffs on imported Canadian fertilizer products after previously commenting he could. Earlier this week when asked what action the Trump administration may take to bolster domestic fertilizer output and the US's reliance on imports from countries like Canada, Trump relayed that the US could impose severe tariffs "if we have to" and with those tariffs the US could be making its own fertilizer "very soon." "Based on information that we have at this time, including conversations with USDA officials, these comments do not indicate a change in current policy," TFI said Wednesday. "An open, fair, predictable, and transparent trading environment with key partners like Canada is vital to maintaining a stable, affordable supply of the crop nutrients US growers rely on," TFI noted. Following Trump's comments, several market participants agreed that it seemed unlikely tariffs would be reimposed on Canadian fertilizer imports given their status of being USMCA compliant and that tariffs would do little to improve the near-term fertilizer production outlook. The fertilizer market is "numb" to these kinds of comments, one distributor said. On a nutrient basis the US imported 98pc of its potash in 2023 and about 85pc of those imports came from Canada, according to TFI. The US imported 33pc of its urea consumption on a nutrient basis in 2023; 15pc of imports came from Canada, according to estimates from TFI. For ammonia, the US imported 12pc of its consumption, 50pc of which came from Canada. Also, 35pc of US ammonium sulfate imports came from Canada in 2024, according to US Census Bureau data. By Taylor Zavala Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.