Argus FMB Ammonia Precios Amoniaco

8/16/2019 Argus FMB Ammonia Precios Amoniaco

1/7

Copyright © 2014 Argus Media Ltd

Argus FMB AmmoniaFormerly FMB Weekly Ammonia Report

PRICE GUIDEMARKET SUMMARY

Quiet market as Ramadan endsThe market has been extremely quiet this week with

businesses closing down for the Eid al-Fitr holiday in most of

the Middle East and many parts of Asia, and little activity

reported out of the Black Sea.

Concerns over the security situation in Ukraine are

mounting and this week it was reported that the Stirol plantin Gorlovka, eastern Ukraine, had been mined by militants.

Ammonia stocks at the plant were completely emptied at

end of June to avoid any serious explosions in the event of

an attack, but news of the mines will mean that the facility

will not be restarting any time in the near future. Ammonia

deliveries from Togliatti and Rossosh are continuing down

the pipeline at normal rates however, so for now there

is still expected to be around 200-220,000t loading from

Yuzhny in August - a similar volume to the line-up out of the

port for July.

In India, FACT’s tender for 2 x 7,500t shipments for delivery

25-29 August, and 8-12 September, which closed on Tuesday,

received only three offers and each offer was only for one

of the two shipments. Trammo and CIFC offered 7,500t for

the second shipment, while Hazel offered only 5,000t for

the rst shipment and this offer has been disqualied for

failing to full the quantity requirement. No prices had

been disclosed by press time.

YUZHNY VS MIDDLE EAST FOB PRICE Highlights this week:

▪ Concerns over Ukraine security situation

▪ US sanctions: No impact on Russian ammonia imports

▪ FACT receives 3 partial offers in this week’s tender▪ Notore to load MaryCam Swan for OCP

Issue 14-31 | Thursday 31 July 2014

View the methodology used to assess ammonia pricesat www.argusmedia.com/methodology. Your feedbackis always welcome at [email protected]

Ammonia – fob

31 Jul 24 Jul

Ventspils $/t 445-455 445-455

Yuzhny $/t 445-455 445-455

North Africa $/t 455-465 455-465

Middle East $/t 450-460 450-460

US Gulf domestic (barge) $/st 480-490 480-490

Caribbean $/t 480 480

Ammonia – cfr

31 Jul 24 Jul

NW Eur (duty unpaid) $/t 510-525 510-525

NW Eur (duty paid/d free)† $/t 538-553 538-553

North Africa $/t 485-495 485-495

India $/t 510-537* 500-545

East Asia (excl Taiwan) $/t 515-535 515-535

Taiwan $/t 515-530 515-530Tampa $/t 520 520

US Gulf $/t 525 525

†This price range reects a duty level set at 5.5pc

*Indicative Price, ** all formula, *** old business,

na - Not available


2/7


3/7

Copyright © 2014 Argus Media Group Page 3 of 7

Argus FMB Ammonia Issue 14-31 | Thursday 31 July 2014

has reportedly bought another 5,000t from DniproAzot for

August but conrmation of price or volumes could not be

conrmed by press time.

Ventspils/SillamaeAs reported last week, Nitrochem will continue to deliver

and accumulate Togliatti tonnes in early August to Ventspils,

and this will be delivered on a shipment to Belgium during

August/ September.

MIDDLE EAST & AFRICA

The Middle East fob price is static this week with no spot

activity reported during the Eid al Fitr holiday. Supply is

tight in the region, with all PIC Kuwait availability for August

sold to Mitsui, and Sabic also sold out for next month.

Saudi ArabiaSabic last week said it would be targeting above $500/t

fob for September volumes, having sold out of product for

August following its sale of around 70,000t of spot material

to Trammo and Yara. The producer expects to have

around 15-20,000t less to export in September due to an

unexpected technical issue.

The latest available loading schedule out of Saudi Arabia for

July/August is as follows:

KuwaitMitsui is scheduled to load a 23,000t cargo from PIC in mid-

August for delivery to East Asia. Mitsui reported last week

that the cargo will be priced under formula, presumably at

time of loading.

EgyptOCI-EBIC again this week conrmed that the ammonia plant

at Ain Sokhna is still shut down. The producer still expects

the facility to remain shut until the end of August due to no

gas availability.

AlgeriaOCI this week reported that the second ammonia line at

Sorfert is again down, and will remain so for 7-10 days due

to a technical problem. The producer says it will still be

able to fulll its contract shipments, and Yara’s Navigator

Gusto is expected to load around 15,000t in the rst week

of August from Sorfert for delivery into its own system,

followed by OCI’s Navigator Galaxy which is due to load

11,500t for the Netherlands later in the month.

Nigeria/MoroccoTrammo’s MaryCam Swan has been chartered to Notore for

one voyage from Onne, Nigeria to Jorf Lasfar, Morocco. The

vessel is understood to have arrived at Onne yesterday and

will load a part cargo from Notore for delivery to OCP.

INDIA, FAR EAST AND MIDDLE EAST PRICE

Loading Schedule July/August

Vessel Name Loadingdate Port QTY Destination

Gas Quantum 25-Jul RAK 23,000 India

Al Jabirah 30-Jul Jubail 23,000 East Asia

Sanko Innovator 04-Aug Jubail 23,000 Spot/Trammo

Tobolsk 06-Aug RAK 23,000 India

Rose Gas 12-Aug Jubail 23,000 East Asia

Viking River 15-Aug Jubail 25,000 Spot/Yara

TBN 17-Aug RAK 23,000 India

TBN 23-Aug Jubail 23,000 Spot/Trammo

Argus FMB Africa Fertilizer 2015

18-20 February 2015Addis Ababa, Ethopia

Save the date! Registration will open shortly

argusmedia.com/fertilizer-africa Events

Consulting

Market Reporting

http://argusmedia.com/fertilizer-africahttp://argusmedia.com/fertilizer-africahttp://argusmedia.com/fertilizer-africahttp://argusmedia.com/fertilizer-africahttp://argusmedia.com/fertilizer-africahttp://argusmedia.com/fertilizer-africahttp://argusmedia.com/fertilizer-africahttp://argusmedia.com/fertilizer-africahttp://argusmedia.com/fertilizer-africahttp://argusmedia.com/fertilizer-africahttp://argusmedia.com/fertilizer-africa


4/7



INDIAN SUBCONTINENT

IndiaIn India, the price assessment for this week has been

revised to $510-537/t cfr on an indicative basis. Indian

import demand still appears to be rm and cfr prices are

reecting this. Nitrochem’s latest shipment to IFFCO ex-

Yuzhny on the Clipper Mars, which discharged at Paradip

yesterday was priced at around $522/t cfr.

In FACT’s tender for 2 x 7,500t shipments for delivery 25-29

August, and 8-12 September, which closed on Tuesday, only

three offers were received, and as outlined in the market

summary above, each offer was only for one of the twoshipments; Trammo and CIFC offered 7,500t for the second

shipment, while Hazel offered only 5,000t for the rst

shipment. The Hazel offer has been disqualied for failing

to full the quantity requirement. No prices had been

disclosed by press time.

Meanwhile, in FACT’s tender for 120,000t for LT supply,

for delivery over 6 months in the usual 7,500t shipment

sizes, offers from CIFC, Muntajat and Khribco are still being

considered. As yet, no details on pr ices/formula offers have

been disclosed.

Ammonia arrivals in India during July/August 2014

Supplier Name of Vessel Quantity Load Port Date of Arrival Disport Price $ cfr

Muntajat/Zuari Al Marona 4,000 Mesaieed 03.7.14 Goa LTC

Muntajat/MCFL Al Marona 4,000 Mesaieed 06.7.14 Mangalore LTCMuntajat/FACT Al Marona 7,500 Mesaieed 07.6.14 Cochin 555

Trammo/Greenstar Al Majedah 6,600 Al Jubail 03.7.14 Tuticorin 540

Trammo/KIT/IFFCO Al Majedah 8,750 Al Jubail 05.7.14 Kandla LTC

CIFC/PPL Gas Line 14,500 BIK 11.7.14 Paradip 524

CIFC/Deepak Gas Line 8,516 BIK 18.7.14 JNPT 524

Raintrade/CIL Gas Cat 10,000 BIK 13.7.14 Vizag 499.57

Raintrade/CIL Gas Cat 3,500 BIK 15.7.14 Kakinada 499.57

Muntajat/Zuari Al Marona 5,000 Al Jubail 20.7.14 Goa LTC

Muntajat/FACT Al Marona 7,000 Al Jubail 23.7.14 Cochin 545

Muntajat/MCFL Al Marona 3,000 Al Jubail 24.7.14 Mangalore LTC

Hazel/Deepak Ever Rich 6 5,500 BIK 23.7.14 JNPT LTCMuntajat/Greenstar Gas Colombia 5,000 Mesaieed 21.7.14 Tuticorin LTC

Muntajat/PPL Gas Colombia 11,000 Mesaieed 23.7.14 Paradip 517.5

Muntajat/TCL Gas Colombia 7,000 Mesaieed 28.7.14 Haldia LTC

Trammo/IFFCO Sanko Innovator 3,000 Ain Sokhna 26.7.14 Kandla LTC

Trammo/Greenstar Sanko Innovator 5,200 Ain Sokhna 29.7.14 Tuticorin 540

Sabic/Hindalco Rose Gas 4,500 Al Jubail 29.7.14 Dahej 499

Sabic/Hindalco Rose Gas 9,000 Al Jubail 30.7.14 Sikka 498

Muntajat/Zuari Rose Gas 5,000 Al Jubail 31.7.14 Goa LTC

Nitrochem/Iffco Clipper Mars 39,600 Yuzhny 30.7.14 Paradip 522.5

Total 177,166

Muntajat /MCFL Rose Gas 4,000 Al Jubail 01.8.14 Mangalore LTC

Trammo/FACT Sanko Innovator 7,850 Ain Sokhna 01.8.14 Cochin 537

Sabic/CIL Gas Quantum 10,000 Ras Al Khair 04.8.14 Kakinada LTC

Sabic/CIL Gas Quantum 5,000 Ras Al Khair 05.8.14 Vizag LTC

Sabic/CIL Gas Quantum 5,000 Ras Al Khair 05.8.14 Vizag LTC

Sabic/IFFCO Al Majedah 3,350 Al Jubail 05.8.14 Kandla LTC

CIFC/PPL Gas Line 15,000 BIK 08.8.14 Paradip LTC

CIFC/FACT Gas Line 7,500 BIK 13.8.14 Cochin 530

Muntajat/Zuari/GreenStar/MCFL Al Marona 15,000 Mesaieed Middle August

Goa/Tuticorin/Mangalore LTC


5/7



FMB Spot Sales Selection – 31 July 2014

Origin Seller Buyer Destination ‘000t $pt bulk Shipment

Saudi Arabia Sabic YARA NA 25 460fob August

Baltic Nitrochem TRAMMO Morocco 23 450fob July

Ukraine Dniproazot TRAMMO NA SPOT 450fob July

NA Trammo CJ Indonesia 6 545cfr June

Yuzhny NF Trading Yara NW Europe 25 500fob May

Transammonia Taiwan 6

Yuzhny NF Trading Transammonia 23.4 May

Baltic Various Yara NW Europe 50 520-530fob April-June

Yuzhny DniproAzot Transammonia 5-7 505fob May

Yuzhny NF Trading c.23 510-515fob May

Egypt Abu Qi Transammonia 11 516fob April

Yara Mitsubishi South Korea 7 575cfr May

Saudi Arabia Sabic Mitsui Far East 8 513fob April

Saudi Arabia Sabic Yara Far East 23 482fob AprilSaudi Arabia Sabic Koch 40 477fob April

Yuzhny B Fertilizer OCI 12 485fob April

Yuzhny NF Trading Yara NW Europe 50 500fob April

Iran CIFC FACT India 7.5 520cfr April

Qatar Muntajat FACT India 7.5 530cfr April

Egypt Abu Qir OCI 11 454fob March/April

Saudi Arabia Sabic Marubeni 23 468fob March/April

Yuzhny NF Trading 20 450fob March

Yuzhny NF Trading Fertiberia Spain 10 450fob March

Join us for the Argus Autumn Party

The Roof Gardens, 99 Kensington High Street, London W8 5SA (Entrance on Derry Street) from 6.30pm

Entrance is by barcoded invitation only - RSVP to receive your conrmation and code

RSVP: Shan Murad Tel: +44 (0) 20 7780 4200 Email: [email protected]

Thursday 11 September 2014


6/7



ASIA PACIFIC

IndonesiaThere are rumours that a trader, possibly Marubeni, will

load a mid-size cargo from the KPI plant in Indonesia in

August. Although the plant is understood to remain down,

there are unconrmed reports that there is over 20,000t of

ammonia in storage at the facility. It is possible that once

this cargo is lifted out of storage tanks the plant may be

able to restart. The plant has been shut down for a number

of weeks due to a bribery scandal.

Mitsui will load the newly chartered Gaschem Dollart from

Bontang in mid-August, as its rst voyage for the vessel.

The cargo will be delivered to Mitsui’s customers in East

Asia.

South KoreaMarubeni is reported to have sold a spot cargo to SFC for

mid-August delivery.

AustraliaThe Yara Pilbara ammonia plant was scheduled to shut down

this week for a 3-week maintenance period.

AMERICAS

USUS sanctions on Russia are not expected to impact the

fertilizer industry, so ammonia imports from Yuzhny and the

Baltic are likely to continue.

In the US domestic market, Koch and CF raised asking prices

for fall tons in the Corn Belt with $580/st reported to have

been readily accepted in the east. However, these prices

have some suppliers concerned, given that fall demand is

largely weather-dependent.

Argus FMB is expanding its London-basedfertilizer editorial team

We are looking for bright, condent and determined

individuals with an inquisitive mind to join our fast-growing London team. You will be responsible for

reporting on deals and price movements, while also

contributing to our expanding range of fertilizer

publications. Our weekly price reports and analysis are

widely respected around the world.

Argus FMB provides essential information to the global

fertilizer market through our editorial teams based in

London, Beijing, Singapore, Moscow, Houston and Brazil.

This is an excellent opportunity for someone looking to

build a career and a reputation in the economically and

politically inuential sector of global fertilizers. You will

apply and develop your skills across daily news reporting,

market analysis and report writing to the highest

standards of journalistic independence and integrity.

We provide training and opportunities to travel. You

will join a well-established, knowledgeable and highly

respected team.

You will be a graduate with an understanding of numbers

and the ability to write. You will need to be sufciently

condent to handle a variety of contacts with rmness,

tact and diplomacy, and you will learn to share market

information with trusted contacts as you build andmaintain relationships with them. You will be expected

to grow into a role where you will provide analysis and

insight reecting your deepening understanding of the

market.

If you are interested in joining a dynamic and fast-growing

publishing company then please send a covering letter

and your CV to Gemma Crozier, HR Manager at: gemma.

[email protected]. Or call 44 207 780 4344.

Deadline for application: Monday 1 September 2014.

Argus FMB releases new strategy report:

World Potash Outlook to 2028

In recent years, international potash markets have been thrown

into disarray. This new report examines the future prospects for the

industry, new projects, supply and prices.

Email us at [email protected] to order your copy

www.argusmedia.com/fertilizer

http://c/Users/tan.FMB/AppData/Local/Adobe/InDesign/Version%207.0/en_US/Caches/InDesign%20ClipboardScrap1.pdfhttp://c/Users/tan.FMB/AppData/Local/Adobe/InDesign/Version%207.0/en_US/Caches/InDesign%20ClipboardScrap1.pdf


7/7


Registered ofce

Argus House, 175 St John St, London, EC1V 4LW

Tel: +44 20 7780 4200 Fax: +44 870 868 4338

email: [email protected]

ISSN: 2050-3555

Copyright notice

Copyright © 2014 Argus Media Group. All rights

reserved.All intellectual property rights in this

publication and the information published herein

are the exclusive property of Argus and/or itslicensors and may only be used under licence from

Argus. Without limiting the foregoing, by reading

this publication you agree that you will not copy or

reproduce any part of its contents (including, but not

limited to, single prices or any other individual items

of data) in any form or for any purpose whatsoever

without the prior written consent of Argus.

Publisher

Adrian Binks

Chief operating ofcer

Neil Bradford

Global compliance ofcer

Jeffrey Amos

Commercial manager

Jo Loudiadis

Editor in chief

Ian Bourne

Managing editor, Global

Cindy Galvin

EditorNatalie Kakish

Tel: +44 20 8979 [email protected]

Argus FMB Ammonia is published by Argus Media Group.

Trademark notice

ARGUS, ARGUS MEDIA, the ARGUS logo, FMB,

ARGUS FMB AMMONIA, other ARGUS publication

titles and ARGUS index names are trademarks

of Argus Media Ltd. Visit www.argusmedia.com/

trademarks for more information.

Disclaimer

The data and other information published herein

(the “Data”) are provided on an “as is” basis.

Argus makes no warranties, express or implied,as to the accuracy, adequacy, timeliness, or

completeness of the Data or tness for any

particular purpose. Argus shall not be liable for any

loss or damage arising from any party’s reliance on

the Data and disclaims any and all liability related

to or arising out of use of the Data to the full

extent permissible by law.

Customer support and salesTechnical [email protected] other [email protected]

London, UK Tel: +44 20 7780 4200

Astana, Kazakhstan Tel: +7 7172 54 04 60

Beijing, China Tel: + 86 10 6515 6512

Dubai Tel: +971 4434 5112

Moscow, Russia Tel: +7 495 933 7571Rio de Janeiro, BrazilTel:+55 21 3514 1402

Singapore Tel: +65 6496 9966

Tokyo, Japan Tel: +81 3 3561 1805

Houston, US Tel:+1 713 968 0000

New York, US Tel: +1 646 376 6130

CaribbeanIn Trinidad & Tobago the 10-day gas curtailment of 30%

is still expected to go ahead for August, followed by a

3-week long curtailment, also of around 30%, scheduled for

September.

argusmedia.com/fertilizer-monaco Events

Consulting

Market Reporting

Argus FMB Europe Fertilizer 2014

15-17 October 2014Monte Carlo, Monaco

Meet and network with the industry’ssenior decision makers. Secure yourplace, register online now.
http://argusmedia.com/fertilizer-monacohttp://argusmedia.com/fertilizer-monaco

Documents

Argus FMB Ammonia Precios Amoniaco