From the feedstock front, Ammonia is increasingly available in the US Gulf Coast and is benefiting DMA manufacturers because of the improvements in production economics. Incremental volumes have started coming into the marketplace with the gradual startup of the x.x million t/yr Gulf Coast Ammonia (GCA) facility that has been working towards commercial operations since November. The full-scale commercial operations are expected to start in early xxxx. There is also the anticipation of commercial operations starting at Woodside Energy&#xx;s Beaumont ammonia plant with a capacity of x.x million t/yr in the same timeframe. The anticipated supply increase will further increase the amount of ammonia available in Qx xxxx, thus lessening cost-push risks for DMA manufacturers even if Nutrien&#xx;s Trinidad facility remains down for an extended period of time.
Methanol is a significant component of DMA and is in the process of declining in price...
