Tag: Urea

Supply in southeast Asia looks tight for the coming weeks, but further declines in Chinese domestic prices could alter the supply/demand balance in the region in August.

An overview of the very latest in fertilizer handling and blending, including new contracts, company news and advances in technology.

Market Insight courtesy of Argus Media. Urea: There was a general price upswing for both urea and ammonium nitrate in mid-June, while ammonium sulphate and urea ammonium nitrate (UAN) prices remained weak. Urea prices were pushed up in most regions as traders sought to secure cargoes across the globe – resulting in granular urea deals from the Baltic ($260-280/t f.o.b.), Egypt ($312-335/t f.o.b.), Middle East ($253-280/t f.o.b.) and China ($308-310/t f.o.b.).

Technological innovation is vital to solving the global food challenge and delivering the transition to a low-carbon economy. Pejman Djavdan, Stamicarbon’s CEO, sets out his vision for a future-proof fertilizer industry – one that will enable the sustainable intensification of agriculture while also protecting the environment.

A review of recent additions to fertilizer product portfolios and new process technologies, as innovation within the industry accelerates to decarbonise production and improve nutrient use efficiency (NUE).

Market Insight courtesy of Argus Media

Further downward corrections are possible but the rate of demand is stabilising, suggesting the market floor is in sight, though some have suggested that May could bring another sharp reduction in the Tampa contract price towards the mid$300s c.fr. Demand remains sluggish in both eastern and western hemispheres.

In 1967 Stamicarbon revolutionised the urea process by the invention of the high-pressure CO2  stripper by Petrus J. C. Kaasenbrood. The high-pressure CO2  stripper led to following benefits:

Last year, in the wake of Russia’s invasion of Ukraine and the associated disruption to fertilizer and grain exports from both countries, there were dire predictions of the impact upon global food supply. That the worst of these predictions have not so far come to pass is in no small part due to the deal brokered by the United Nations and Turkey in July 2022 to allow exports of grain and fertilizers from Black Sea ports. According to the UN, since last July, some 29.5 million tonnes of grain and foodstuffs have been exported from Ukraine via the Black Sea, including nearly 600,000 tonnes in World Food Programme vessels for aid operations in Afghanistan Ethiopia, Kenya, Somalia and Yemen. Before the war, Ukrainian grain fed the equivalent of up to 400 million people worldwide, and the deal ensured that Ukrainian grain exports ‘only’ fell by 5 million t/a over the past year.

Mining, metals and fertilizer business intelligence company CRU has launched a new low-emissions ammonia (LEA) price assessment in its Fertilizer Week price reporting service. The price takes a value-based approach, whereby a premium on the Northwest European ammonia price is calculated on an emissions-mitigated basis, and leverages CRU’s proprietary nitrogen asset emissions data combined with weekly European carbon prices to calculate the value of emissions mitigated. CRU says that it has leveraged its Emissions Analysis Tool to develop the premiums on an emissions-mitigated basis as opposed to a cost basis, allowing end-users to assess how the switch to LEA can deliver value to their business while contributing to their decarbonisation strategies. The Emissions Analysis Tool is a comprehensive asset-byasset emissions dataset for the nitrogen industry.