Ammonia Prices Overview

Market Overview

Quarterly Update on Global Ammonia Market
For the Quarter Ending September 2020
Supply of Ammonia in the Asia Pacific eased in the July-Sep quarter after several Southeast Asian producers resumed normal operations with ease in COVID-led lockdown restrictions. Prices started regaining the lost momentum as improvement in demand fundamentals entering the second half of the year helped in partially offsetting the QoQ decline. Disruptions to the logistics chain and labor shortages which continued to harbor the Indian DAP and NPK fertilizer production in the first half of the year, meant lowered Ammonia feedstock requirements. Spot Ammonia was traded around USD 280.50 per tonne on CFR India basis. Ammonia demand from the northeast Asian chemicals producers showed mixed results, with some spot deals heard into China, Taiwan and South Korea regarding Q3 deliveries.
The European Ammonia industry was seen grappling with limited sales as industrial and agricultural operations were largely muted due to surging coronavirus infections. Exports were dented due to scheduled turnarounds and unplanned outages which led to fall in Ammonia exports from the Black Sea and Baltic. During the quarter, some Russian Ammonia vessels were booked for South Korea, as a more favorable option than shipping a cheaper cargo from Trinidad. Russia’s total Ammonia production registered record high on YoY basis in July and was priced around USD 180-190 per tonne on FOB basis.
North America

The third quarter remained quite challenging for the US Ammonia producers who reported stable sales throughout Q3 as hurricanes and tropical storms forced turnarounds at several chemicals and fertilizers plants. A 500,000 tpy export-oriented Trinidad Nitrogen Company Limited (Tringen) plant at Point Lisas was turned offline in late September among three other Trinidad producers who temporarily shut production. Nutrien was the first one to idle some of its production looking at the sudden crash in regional prices. While prices across Southeast Asia, Middle East and Russia showed marked improvement during the quarter, Ammonia stocks across Americas remained heavily discounted. Spot Ammonia prices were assessed in the range of USD 170-180 per tonne FOB US Gulf.

How we can help

ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally.

Market Analysis

Company-wise installed capacity, production volume and plant operating efficiency is captured directly from manufacturers. Import and Export volume is captured from government sources and demand for Acrylonitrile is calculated considering the production, import, export and inventory-levels on the country and regional level markets.

Pricing Analysis

Acrylonitrile price is correlated with the price trend of crude oil, demand-supply gap, Propylene and with movement across the downstream derivatives such as acrylonitrile-butadiene-styrene (ABS), styrene-acrylonitrile (SAN) etc.

Company Profile

Basic details and information on financial performance of leading global players in the Acrylonitrile market is presented in a visually captivating manner. Expansion plans and the company’s strategy is also captured to understand the vision and mission of the company to help understand the areas where companies need to focus more.

News & Deals

Daily updates on industry-specific and product-specific news, exclusive primary-based news capturing plant shutdowns/outages/closures, capacity expansions, operating rates, insights on demand-supply situation, awarding of technology licenses, new product launch and deals specifying mergers and acquisitions, strategic investments and disinvestments, to help players capitalize on market opportunity.


ChemAnalyst gathers information through primary research surveys conducted with various Ammonia manufacturers, spread across the domestic and international markets, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of the company’s annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market.
Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global Ammonia market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility.
Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behavior of consumers across the globe.
Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence the Global Ammonia market.
Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on monthly and yearly basis.

Finally, region-specific markets for Ammonia are analyzed and region-wise demand pattern is tracked.


Ammonia (NH3) is a colorless gas, possessing a characteristic pungent odor. Ammonia is one of the largest-volume synthetic chemicals used as a building block of the world nitrogen industry and is used as a crucial intermediate to produce a wide variety of nitrogen-based fertilizers such as urea, ammonium nitrate, ammonium phosphates, nitric acid, ammonium sulfate and several industrial products. Ammonia can be produced via multiple manufacturing techniques. The chief commercial method of producing anhydrous liquid ammonia is by the Haber-Bosch process, which involves the catalytic reaction of elemental hydrogen (sourced from natural gas) and elemental nitrogen (derived from process air)- known as the "ammonia synthesis loop". In the textile industry, Ammonia is used for manufacturing synthetic fibers, such as nylon and rayon. Ammonia is also used in various metallurgical processes for nitriding alloy sheets to harden their surfaces and also serves as a portable source of atomic hydrogen for welding. The largest Ammonia producing countries are China, India, Russia, United States, Trinidad & Tobago, and Indonesia.