Tag: Urea

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.

The first global review of phosphate rock resources since 2010 has reported that technically recoverable reserves should last for more than 300 years.

Market Insight courtesy of Argus Media. Urea: Scarcity continued to drive urea prices higher in some markets at the end of April. The US market remains short on urea and prices spiked to reflect this. Nola barges for April were trading as high as $450/st f.o.b. ($490/t cfr), 55 percent up on this year’s low point. Southeast Asia remains short on urea too, amid planned and unplanned turnarounds, with one cargo trading at around $345/t f.o.b.

Mining major Anglo American is to invest up to $4 billion to complete its Wood-smith mine project in the UK.

Micronutrient products are one the fertilizer industry’s fastest growing segments. In response, ICL, Koch Agronomic Services, Levity Crop Science, Omex and SQM have all strengthened their micronutrient portfolios.

Market Insight courtesy of Argus Media. Urea: Prices fell in most global markets in early March as suppliers chased limited demand. Although India’s purchase tender has yet to formally conclude, IPL looks set to book 1.15 million tonnes of urea at $330-334.8/t cfr, with traders mainly sourcing from Russian and Middle Eastern producers.

Russia’s invasion of Ukraine has hit European fertilizer producers hard. Ammonia plants across the continent have been inactive over the winter due to prohibitively high feedstock costs. The future of nitrogen fertilizer production in the region will depend on access to an affordable, secure and sustainable energy supply and the switchover to low-carbon technologies.

Sulphur is a vital secondary crop nutrient. It can be delivered in sulphate, thiosulphate and elemental form. The range of product and process options are outlined.

Storing urea under hot and humid ambient conditions can be a chall enge. Several quality parameters of the urea product itself like moisture, temperature and particle size distribution are critical. Fluctuations of these parameters over time are also important and can lead to caking issues and complaints by clients. Off-spec product means big losses in revenue and results in a troublesome stream that has to be handled separately. Learning from each other’s experiences is vital to minimise and avoid these problems. n

CRU’s Nitrogen + Syngas conference convened at the Hyatt Regency Barcelona Tower in Barcelona, from March 5th-8th.