The restart of export-oriented plants in Russia and Ukraine saw a burst of sales activity in the Black Sea for late October and early November loadings. Spot supply from Russia and Ukraine was booked for the steady flow of cargoes for the rest of the year given that the region’s plant turnaround season is over. Spain and Turkey are booked to receive their usual contract volumes from various suppliers, while other countries also securing supply on spot basis for prompt arrival. However, as the governments and companies expected to get to grips with the second wave of the coronavirus, the demand of Ammonium Sulphate from the fertilizer manufacturers is expected to increase in Q4.
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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.
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.
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.
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.
Ammonium sulphate (AS) is an inorganic salt with several commercial uses. It is generally produced by three different processes; as a byproduct of Caprolactam production, combining anhydrous ammonia and sulphuric acid in a reactor and by reacting ammonia recovered from coke oven gas with sulphuric acid. The primary use of the compound is as the soil fertilizer as it contains nitrogen and sulphur. The chemical has also been used in flame retardant chemicals because of its capability to increase the combustion temperature of the material. Demand for nutrient rich food, development in agriculture industry and receding arable land will be the major growth driver for the Ammonium Sulphate in the forecast period. The agriculture industry is the largest end-consumer for Ammonium Sulphate. On the other hand, volatility in the raw material prices is one of the major hinderances to the growth of Ammonium Sulphate market in the forecast period.