Dirty tankers — The Russia-Ukraine impact in five graphs 5 April 2022. More than a month has now passed since the Russia/Ukraine conflict began, plunging European and global commodity markets into turmoil. The impact on tanker rates was both instant and spectacular, with record-high bunker fuel prices adding to the problems for shipowners to deal with in the weeks after the conflict began. And the effect on global crude and products trade flows took longer to arrive but is now becoming noticeable. In this white paper we illustrate the effect in five graphs with commentary.
Global LNG summer outlook 2022 6 April 2022. The Russia-Ukraine conflict has further stoked supply concerns in Europe, which had already been the key market driver in recent months. A milder winter coupled with slower Asian demand throughout most of the winter allowed a partial recovery in European stocks, but these remain lower than in most recent years...
European Guarantee of Origin trade increase 6 April 2022. European demand for renewable-backed energy supply is supporting the growth of a traded market in voluntary renewable certificates. European Guarantees of Origin (GOs) are used to identify the technology, location, production time and volume of a given unit of energy.
Iron Ore and the Tragedy of the Commons 4 April 2022: Everybody wants an iron ore pricing mechanism that works for all, yet few are willing to the necessary maintenance. Download now to learn more.
Global Ammonia Market Volatility 18 March 2022. The global ammonia market has faced record prices and an extended period of Black Sea supply disruption – what does this mean for new pricing mechanisms? This paper assesses market volatility, increase in spot trade, evolving pricing mechanisms and more.
Argus Insight: Hydrogen Taxonomy 17 March 2022. This white paper is a follow-up to "Hydrogen: awash in colours," in search of definition, released in November 2021. We received extensive feedback spanning the supply chain and have made amendments to the proposed taxonomy to reflect this.
Argus Whitepaper zum europäischen AdBlue-Markt 01 März 2022. Der AdBlue-Absatz in Europa hat sich seit 2014 mehr als verdoppelt und belief sich im Jahr 2021 auf 4,25 Milliarden Liter. Durch die jüngste Volatilität der Preise in diesem wachsenden Markt stieg das Interesse, den Preismechanismus für AdBlue von den baltischen Harnstoffpreisen zu lösen.
Agriculture in times of Ukraine-Russia conflict — Uncharted territory 04 March 2022. Agriculture markets have experienced unprecedented volatility in recent days, following the outbreak of conflict between Russia and Ukraine on 24th February. Exports from both countries ground to a halt and the world faces possible shortages of food, animal feed and biofuels feedstocks. Download this paper to discover Argus’ view on what these developments could mean for the market outlook.
Seaborne coking coal market second-half 2021 review 2 March 2022. Chinese coking coal import prices soared above $600/t cfr before their premium to fob basis prices collapsed in late 2021, when China’s steel output cuts and release of stranded coal eased supply shortfalls.
Argus European AdBlue market white paper [English] 01 March 2022. The European AdBlue market totalled 4.25bn litres in 2021, more than doubling from 2014. Discover how recent volatility in this maturing market has sparked new interest in breaking ties with a legacy pricing mechanism based on Baltic urea prices, as Argus launches its new German AdBlue price assessments – offering an alternative to existing contract pricing.
Argus Insight: Europe's developing biomethane market and pricing 26 January 2022. Consumer appetite for fossil fuel alternatives is supporting the development of Europe’s biomethane industry, while voluntary biomethane trade is developing as a guarantee of origin market.
Firm 2021 NPK price trends extend into 2022 Firm 2021 NPK prices extended into 2022. Argus’ latest NPK market white paper assesses the reasons for this price trend and the impact it’s having on the global market.
Crude benchmarks 9 February 2022. US president Barack Obama’s lifting of 40-year-old crude export restrictions unleashed a wave of US crude across the world, and placed WTI at the heart of global oil pricing.
WTI at Midland and Houston: Pillars of transparency for the Americas crude market 12 January 2022. Around the world, crude oil benchmarks like Dated Brent and Dubai have struggled to maintain a robust underpinning of physical liquidity. WTI, however, has maintained physical and financial trade liquidity – even throughout the market demand shocks associated with the Covid-19 pandemic.
Lose lose: How a legacy pricing mechanism lets down Europe’s steel buyers and sellers 5 January 2022. After a pre-pandemic boon, running a steel mill in Europe is once again becoming increasingly challenging headwinds include an automotive sector that has ground to a halt. Argus argues that the time has come to embrace a new way of pricing that would benefit both mills and their customers.
