European ammonia import price reaches three-year high as production costs soar

The price of ammonia imported to Northwest Europe reached a three-year high March 5 as the war in the Middle East curtailed global natural gas supply. Platts, part of S&P Global Energy, assessed ammonia CFR NW Europe duty paid/duty free at $750/metric ton March 5, up $60/mt day over day and the highest since Feb. 23, 2022. The market saw a 15,000 metric tons ammonia spot cargo sold to NW EuropeThe price of ammonia imported to Northwest Europe reached a three-year high March 5 as the war in the Middle East curtailed global natural gas supply. Platts, part of S&P Global Energy, assessed ammonia CFR NW Europe duty paid/duty free at $750/metric ton March 5, up $60/mt day over day and the highest since Feb. 23, 2022. The market saw a 15,000 metric tons ammonia spot cargo sold to NW EuropeRead More