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href="/en/commodities/carbon-markets">Carbon markets</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/products/argus-biomass-markets">Biomass</a></li></ul></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/commodities/coal">Coal</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><button class="cta MainNavigation_secondaryLink__dWmVz">Net zero</button><ul class="MainNavigation_tertiaryList__5v6Ig qa-nav-3rd"><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/net-zero">Net zero overview</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/biofuels-and-feedstocks">Biofuels and feedstocks</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/ammonia">Ammonia</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/hydrogen">Hydrogen</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/battery-materials">Battery materials</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/products/argus-biomass-markets">Biomass</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/electric-power">Electric power</a></li></ul></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><button class="cta MainNavigation_secondaryLink__dWmVz">Chemicals</button><ul class="MainNavigation_tertiaryList__5v6Ig qa-nav-3rd"><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/chemicals">Chemicals overview</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/methanol">Methanol</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/polymers">Polymers</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/light-olefins">Light olefins</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/heavy-olefins">Heavy olefins</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/aromatics">Aromatics</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/octane-blending">Octane blending</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/chlor-alkali">Chlor-alkali</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/polyurethanes">Polyurethanes</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/oleochemicals">Oleochemicals</a></li></ul></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><button class="cta MainNavigation_secondaryLink__dWmVz">Fertilizers</button><ul class="MainNavigation_tertiaryList__5v6Ig qa-nav-3rd"><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/fertilizers">Fertilizers overview</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/ammonia">Ammonia</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/nitrogen">Nitrogen</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/npks">NPKs</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/phosphates">Phosphates</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/potash">Potash</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/sulphur-and-sulphuric-acid">Sulphur and sulphuric acid</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/sustainable-and-specialty-fertilizers">Sustainable and specialty fertilizers</a></li></ul></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><button class="cta MainNavigation_secondaryLink__dWmVz">Metals</button><ul class="MainNavigation_tertiaryList__5v6Ig qa-nav-3rd"><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/metals">Metals overview</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/steel">Steel</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/steel-raw-materials">Steel raw materials</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/battery-materials">Battery materials</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/specialty-and-minor-metals">Minor metals</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/rare-earths">Rare earths</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/alloys">Alloys</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/scrap">Scrap</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/pipe-and-tube">Pipe and tube</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/base-metals">Base metals</a></li></ul></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/commodities/agriculture">Agriculture</a></li></ul></li><li class="MainNavigation_primaryItem__myUif qa-nav-primary-items "><button type="button" class="cta MainNavigation_primaryLink__tYxec">Industries</button><ul class="MainNavigation_secondaryList__iQt0k qa-nav-2nd"><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries">Industries overview</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/freight">Freight</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/upstream-oil-and-gas">Upstream oil and gas</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/oil-refining-and-distribution">Oil refining and distribution</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/biofuels-production">Biofuels production</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/aviation">Aviation</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/petrochemicals">Petrochemicals</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/natural-gas-and-power-distribution">Natural gas and power distribution</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/power-generation">Power generation</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/mining">Mining</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/industrial-manufacturing">Industrial manufacturing</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/automotive-manufacturing">Automotive</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/agri-industry">Agri-industry</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/storage-terminals">Storage terminals</a></li></ul></li><li class="MainNavigation_primaryItem__myUif qa-nav-primary-items "><button type="button" class="cta MainNavigation_primaryLink__tYxec">Solutions</button><ul class="MainNavigation_secondaryList__iQt0k qa-nav-2nd"><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/solutions">Solutions overview</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/solutions/products">Products</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><button class="cta MainNavigation_secondaryLink__dWmVz">Commodity prices</button><ul class="MainNavigation_tertiaryList__5v6Ig qa-nav-3rd"><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/commodity-prices">Commodity prices overview</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/methodology/key-commodity-prices">Key price assessments</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/methodology">Methodology</a></li></ul></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/solutions/market-news-and-commentary">Market news and commentary</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><button class="cta MainNavigation_secondaryLink__dWmVz">Analytics and forecasting</button><ul class="MainNavigation_tertiaryList__5v6Ig qa-nav-3rd"><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/analytics-and-forecasting">Analytics and forecasting overview</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/analytics-and-forecasting/near-term-outlooks">Near term outlooks</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/analytics-and-forecasting/long-term-analytics">Long term analytics</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/analytics-and-forecasting/argus-forward-curves">Forward curves</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/analytics-and-forecasting/data-science-and-machine-learning">Data science and machine learning</a></li></ul></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/solutions/consulting-projects">Consulting projects</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/solutions/business-intelligence-reports">Business intelligence reports</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><button class="cta MainNavigation_secondaryLink__dWmVz">How we deliver</button><ul class="MainNavigation_tertiaryList__5v6Ig qa-nav-3rd"><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/how-we-deliver">How we deliver overview</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/how-we-deliver/client-portal">Client portal</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/how-we-deliver/argus-data-science-studio">Argus Data Science Studio</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/how-we-deliver/argus-open-markets">Argus Open Markets</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/products/argus-spot-ticker">Argus Spot Ticker</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/how-we-deliver/channel-partners">Channel partners</a></li></ul></li></ul></li><li class="MainNavigation_primaryItem__myUif qa-nav-primary-items "><button type="button" class="cta MainNavigation_primaryLink__tYxec">Events</button><ul class="MainNavigation_secondaryList__iQt0k qa-nav-2nd"><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/events">Events overview</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/events/conferences">Conferences</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/events/forums">Forums</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/events/webinars">Webinars</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/events/our-terms">Our terms</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/events/industry-events">Industry events</a></li></ul></li><li class="MainNavigation_primaryItem__myUif qa-nav-primary-items "><button type="button" class="cta MainNavigation_primaryLink__tYxec">News and insights</button><ul class="MainNavigation_secondaryList__iQt0k qa-nav-2nd"><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/news-and-insights">News and insights overview</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/news-and-insights/latest-market-news">Latest market news</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/news-and-insights/energy-and-commodity-podcasts">Energy and commodity podcasts</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/news-and-insights/market-insight-papers">Market insight papers</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/news-and-insights/market-opinion-and-analysis-blog">Market opinion and analysis blog</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/news-and-insights/video-insights">Video insights</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a href="https://view.argusmedia.com/argus-market-highlights-sign-up" class="cta MainNavigation_secondaryLink__dWmVz" target="_blank" rel="noopener noreferrer">Market highlight newsletters</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/news-and-insights/topical-market-themes">Topical market themes</a></li></ul></li><li class="MainNavigation_primaryItem__myUif qa-nav-primary-items "><button type="button" class="cta MainNavigation_primaryLink__tYxec">Methodology</button><ul 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class="HeroBanner_container___RcE5 container"><div class="row"><div class="col-12 col-lg-6 offset-lg-1"><div class="HeroBanner_titleAndDescription__0Cj9_"><h1 class="qa-banner-title">Argus Monthly Ammonia Outlook</h1><div class="h4 qa-banner-description">Short-term price forecasts, forward trade balances, supply-demand drivers, new capacity review, country/region analysis and proprietary datasets</div></div></div></div></div></div></div></div><div class="component small grey "><div class="component-content"><div class="PageSubnavigation_container__yH3q7 qa-subnavigation-bar container"><div class="PageSubnavigation_outer__ocRn_"><div class="PageSubnavigation_bar__Cf50a"><a href="#overview" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Overview</a><a href="#features" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Key features</a><a href="#customers" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Customers that benefit</a><a href="#specs" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Product specifications</a><a href="#prices" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Key price assessments</a><a href="#related" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Related documents</a><button type="button" class="PageSubnavigation_showMore__2Z47G cta ">More</button></div></div><div class="PageSubnavigation_drawer__lxQUi grey " style="left:0px"><div class="container"><div class="PageSubnavigation_drawerInner__Q_bJs"><div class="PageSubnavigation_drawerItems__AwukY"><a href="#overview" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Overview</a><a href="#features" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Key features</a><a href="#customers" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Customers that benefit</a><a href="#specs" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Product specifications</a><a href="#prices" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Key price assessments</a><a href="#related" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Related documents</a></div></div></div></div></div></div></div><div class="component component-padding PageIntroduction_pageIntroduction__BoFDD white" id="overview"><div class="component-content"><div class="container"><div class="PageIntroduction_row__DH0rm row"><div class="col-12 col-lg-8"><div class="qa-pageintroduction-section"><h2 class="qa-pageintroduction-title">Overview</h2><div class="PageIntroduction_description__hOYK7"><div class="qa-pageintroduction-textfield"><p>The Argus Monthly Ammonia Outlook service is your reliable and proven source of unbiased, independent short-term ammonia price forecasts and actionable market intelligence on regional market dynamics, including supply, demand and trade.</p> <p>We empower market participants to make informed business decisions. Use the service to:</p> <ul> <li><strong>Inform your business plans:</strong> Get accurate, reliable and actionable insight on short- and medium-term developments.</li> <li><strong>Mitigate risk to your business:</strong> Stay up to date with potential regulations, policy changes and challenges.</li> <li><strong>Access comprehensive market data:</strong> Examine extensive raw data to assist your research and planning.</li> <li><strong>Find your next big opportunity:</strong> Our independent market data and expert insight help you identify future opportunities</li> </ul></div></div></div></div></div></div></div></div><div class="component component-padding ColumnImage_columnImage__HgzLW position-center grey" id="features"><div class="component-content"><div class="container"><div class="ColumnImage_heading__l3LQA"><h2 class="qa-benefits-title h1">Key features</h2></div><div class="ColumnImage_results__h4thb row"><div class="qa-benefits-items col-12 col-lg-4"><div class="ColumnImage_item__wkWBY"><img alt="icon" loading="lazy" width="120" height="120" decoding="async" data-nimg="1" class="qa-benefits-item-image ColumnImage_image__zKXF9" style="color:transparent" srcSet="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2Ficons%2Fargus-media---icon---graph-2---large.png%3Fh%3D120%26iar%3D0%26w%3D120%26rev%3Db86e42049c71467f9bff66b62ae5142a%26hash%3D16BA496A24606DC475F2F959D7810B29&w=128&q=75 1x, /_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2Ficons%2Fargus-media---icon---graph-2---large.png%3Fh%3D120%26iar%3D0%26w%3D120%26rev%3Db86e42049c71467f9bff66b62ae5142a%26hash%3D16BA496A24606DC475F2F959D7810B29&w=256&q=75 2x" src="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2Ficons%2Fargus-media---icon---graph-2---large.png%3Fh%3D120%26iar%3D0%26w%3D120%26rev%3Db86e42049c71467f9bff66b62ae5142a%26hash%3D16BA496A24606DC475F2F959D7810B29&w=256&q=75"/><h3 class="qa-benefits-item-title h4">Ammonia price forecasts</h3><p class="qa-benefits-item-description ColumnImage_description__t04js">Ammonia prices are forecasted for the next three months and the next three quarters (covering Middle East fob, Tampa cfr, Caribbean fob, North Africa cfr, India cfr, East Asia cfr)</p></div></div><div class="qa-benefits-items col-12 col-lg-4"><div class="ColumnImage_item__wkWBY"><img alt="icon" loading="lazy" width="120" height="120" decoding="async" data-nimg="1" class="qa-benefits-item-image ColumnImage_image__zKXF9" style="color:transparent" srcSet="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2Ficons%2Fargus-media---icon---methodology---large.png%3Fh%3D120%26iar%3D0%26w%3D120%26rev%3D54ba451ebd794d45a8f83a3dd510000d%26hash%3D867CA5A212A893EE5E55634DA5B3F27E&w=128&q=75 1x, /_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2Ficons%2Fargus-media---icon---methodology---large.png%3Fh%3D120%26iar%3D0%26w%3D120%26rev%3D54ba451ebd794d45a8f83a3dd510000d%26hash%3D867CA5A212A893EE5E55634DA5B3F27E&w=256&q=75 2x" src="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2Ficons%2Fargus-media---icon---methodology---large.png%3Fh%3D120%26iar%3D0%26w%3D120%26rev%3D54ba451ebd794d45a8f83a3dd510000d%26hash%3D867CA5A212A893EE5E55634DA5B3F27E&w=256&q=75"/><h3 class="qa-benefits-item-title h4">Global trade balance analysis and forecast</h3><p class="qa-benefits-item-description ColumnImage_description__t04js">The Argus Monthly Ammonia Outlook service provides a rolling global trade balance in each monthly issue, covering the next three months and next three quarters</p></div></div><div class="qa-benefits-items col-12 col-lg-4"><div class="ColumnImage_item__wkWBY"><img alt="icon" loading="lazy" width="120" height="120" decoding="async" data-nimg="1" class="qa-benefits-item-image ColumnImage_image__zKXF9" style="color:transparent" srcSet="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2Ficons%2Fargus-media---icon---news-coverage--large.png%3Fh%3D120%26iar%3D0%26w%3D120%26rev%3D64192b15c3bf4fb3af2b9621dad65bab%26hash%3D2926927824117E8B882B80612399634A&w=128&q=75 1x, /_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2Ficons%2Fargus-media---icon---news-coverage--large.png%3Fh%3D120%26iar%3D0%26w%3D120%26rev%3D64192b15c3bf4fb3af2b9621dad65bab%26hash%3D2926927824117E8B882B80612399634A&w=256&q=75 2x" src="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2Ficons%2Fargus-media---icon---news-coverage--large.png%3Fh%3D120%26iar%3D0%26w%3D120%26rev%3D64192b15c3bf4fb3af2b9621dad65bab%26hash%3D2926927824117E8B882B80612399634A&w=256&q=75"/><h3 class="qa-benefits-item-title h4">Supply and demand balance</h3><p class="qa-benefits-item-description ColumnImage_description__t04js">The Argus Monthly Ammonia Outlook service includes analysis of the supply and demand balance for major markets</p></div></div><div class="qa-benefits-items col-12 col-lg-4"><div class="ColumnImage_item__wkWBY"><img alt="icon" loading="lazy" width="120" height="120" decoding="async" data-nimg="1" class="qa-benefits-item-image ColumnImage_image__zKXF9" style="color:transparent" srcSet="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2Ficons%2Fargus-media---icon---price-report---large.png%3Fh%3D120%26iar%3D0%26w%3D120%26rev%3D81c7df04f6b548f5a9763ec99bec90d3%26hash%3D27B5EF38DC5B7CEE40806849FEB46771&w=128&q=75 1x, /_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2Ficons%2Fargus-media---icon---price-report---large.png%3Fh%3D120%26iar%3D0%26w%3D120%26rev%3D81c7df04f6b548f5a9763ec99bec90d3%26hash%3D27B5EF38DC5B7CEE40806849FEB46771&w=256&q=75 2x" src="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2Ficons%2Fargus-media---icon---price-report---large.png%3Fh%3D120%26iar%3D0%26w%3D120%26rev%3D81c7df04f6b548f5a9763ec99bec90d3%26hash%3D27B5EF38DC5B7CEE40806849FEB46771&w=256&q=75"/><h3 class="qa-benefits-item-title h4">Country/regional analysis and outlook</h3><p class="qa-benefits-item-description ColumnImage_description__t04js">The Argus Monthly Ammonia Outlook service includes country and region focused analysis, covering Northwest Europe, Russia, US, Trinidad, Iran, Saudi Arabia, Oman, India, East Asia</p></div></div><div class="qa-benefits-items col-12 col-lg-4"><div class="ColumnImage_item__wkWBY"><img alt="icon" loading="lazy" width="120" height="120" decoding="async" data-nimg="1" class="qa-benefits-item-image ColumnImage_image__zKXF9" style="color:transparent" srcSet="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2Ficons%2Fargus-media---icon---global---large.png%3Fh%3D120%26iar%3D0%26w%3D120%26rev%3De0a0c25a806f48408afddc3626c8033c%26hash%3D8B097B83C5DAA172B250FE2BCF748215&w=128&q=75 1x, /_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2Ficons%2Fargus-media---icon---global---large.png%3Fh%3D120%26iar%3D0%26w%3D120%26rev%3De0a0c25a806f48408afddc3626c8033c%26hash%3D8B097B83C5DAA172B250FE2BCF748215&w=256&q=75 2x" src="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2Ficons%2Fargus-media---icon---global---large.png%3Fh%3D120%26iar%3D0%26w%3D120%26rev%3De0a0c25a806f48408afddc3626c8033c%26hash%3D8B097B83C5DAA172B250FE2BCF748215&w=256&q=75"/><h3 class="qa-benefits-item-title h4">New capacity analysis</h3><p class="qa-benefits-item-description ColumnImage_description__t04js">The Argus Monthly Ammonia Outlook service incudes analysis of new capacity (planned/under-construction) for the year ahead, listing company, location, expected date and capacity alongside additional insights and notes</p></div></div><div class="qa-benefits-items col-12 col-lg-4"><div class="ColumnImage_item__wkWBY"><img alt="icon" loading="lazy" width="120" height="120" decoding="async" data-nimg="1" class="qa-benefits-item-image ColumnImage_image__zKXF9" style="color:transparent" srcSet="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2Ficons%2Fargus-media---icon---market-insight---large.png%3Fh%3D120%26iar%3D0%26w%3D120%26rev%3Dc8a648d04e6f4e64a9b1ef1c4f20905d%26hash%3D4DD30CEC2BA91F4FF1CE317AB6A2870E&w=128&q=75 1x, /_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2Ficons%2Fargus-media---icon---market-insight---large.png%3Fh%3D120%26iar%3D0%26w%3D120%26rev%3Dc8a648d04e6f4e64a9b1ef1c4f20905d%26hash%3D4DD30CEC2BA91F4FF1CE317AB6A2870E&w=256&q=75 2x" src="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2Ficons%2Fargus-media---icon---market-insight---large.png%3Fh%3D120%26iar%3D0%26w%3D120%26rev%3Dc8a648d04e6f4e64a9b1ef1c4f20905d%26hash%3D4DD30CEC2BA91F4FF1CE317AB6A2870E&w=256&q=75"/><h3 class="qa-benefits-item-title h4">Downstream and related market analysis</h3><p class="qa-benefits-item-description ColumnImage_description__t04js">The service includes analysis of the impact of related markets such as phosphates and urea, as well as downstream markets such as acrylonitrile and CAN</p></div></div><div class="qa-benefits-items col-12 col-lg-4"><div class="ColumnImage_item__wkWBY"><img alt="icon" loading="lazy" width="120" height="120" decoding="async" data-nimg="1" class="qa-benefits-item-image ColumnImage_image__zKXF9" style="color:transparent" srcSet="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2Ficons%2Fargus-media---icon---data-set---large.png%3Fh%3D120%26iar%3D0%26w%3D120%26rev%3D40cb1a18e7d24567b5b418c5176e6911%26hash%3DA1C0E894E7F17643FAEE565F41548F84&w=128&q=75 1x, /_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2Ficons%2Fargus-media---icon---data-set---large.png%3Fh%3D120%26iar%3D0%26w%3D120%26rev%3D40cb1a18e7d24567b5b418c5176e6911%26hash%3DA1C0E894E7F17643FAEE565F41548F84&w=256&q=75 2x" src="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2Ficons%2Fargus-media---icon---data-set---large.png%3Fh%3D120%26iar%3D0%26w%3D120%26rev%3D40cb1a18e7d24567b5b418c5176e6911%26hash%3DA1C0E894E7F17643FAEE565F41548F84&w=256&q=75"/><h3 class="qa-benefits-item-title h4">Production costs analysis</h3><p class="qa-benefits-item-description ColumnImage_description__t04js">The Argus Monthly Ammonia Outlook service includes production cost analysis, covering feedstock costs, variable costs, fixed costs and transport costs</p></div></div><div class="qa-benefits-items col-12 col-lg-4"><div class="ColumnImage_item__wkWBY"><img alt="icon" loading="lazy" width="120" height="120" decoding="async" data-nimg="1" class="qa-benefits-item-image ColumnImage_image__zKXF9" style="color:transparent" srcSet="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2Ficons%2Fargus-media---icon---price-forecast---large.png%3Fh%3D120%26iar%3D0%26w%3D120%26rev%3D65311ee6dbe9446c84043f5f595820c2%26hash%3D0832A293C94CB32B5D5A51C826DE523C&w=128&q=75 1x, /_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2Ficons%2Fargus-media---icon---price-forecast---large.png%3Fh%3D120%26iar%3D0%26w%3D120%26rev%3D65311ee6dbe9446c84043f5f595820c2%26hash%3D0832A293C94CB32B5D5A51C826DE523C&w=256&q=75 2x" src="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2Ficons%2Fargus-media---icon---price-forecast---large.png%3Fh%3D120%26iar%3D0%26w%3D120%26rev%3D65311ee6dbe9446c84043f5f595820c2%26hash%3D0832A293C94CB32B5D5A51C826DE523C&w=256&q=75"/><h3 class="qa-benefits-item-title h4">Macroeconomic outlook</h3><p class="qa-benefits-item-description ColumnImage_description__t04js">The Argus Monthly Ammonia Outlook service provides analysis of the macroeconomic outlook, including the GDP growth forecast for major fertilizer-consuming countries and regions</p></div></div><div class="qa-benefits-items col-12 col-lg-4"><div class="ColumnImage_item__wkWBY"><img alt="icon" loading="lazy" width="120" height="120" decoding="async" data-nimg="1" class="qa-benefits-item-image ColumnImage_image__zKXF9" style="color:transparent" srcSet="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2Ficons%2Fargus-media---icon---create---large.png%3Fh%3D120%26iar%3D0%26w%3D120%26rev%3Dd4687b7f4a6f4a68abfa6d18f64c4fa8%26hash%3D775BF98BA8F3AACD02F42BDFB587C9EB&w=128&q=75 1x, /_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2Ficons%2Fargus-media---icon---create---large.png%3Fh%3D120%26iar%3D0%26w%3D120%26rev%3Dd4687b7f4a6f4a68abfa6d18f64c4fa8%26hash%3D775BF98BA8F3AACD02F42BDFB587C9EB&w=256&q=75 2x" src="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2Ficons%2Fargus-media---icon---create---large.png%3Fh%3D120%26iar%3D0%26w%3D120%26rev%3Dd4687b7f4a6f4a68abfa6d18f64c4fa8%26hash%3D775BF98BA8F3AACD02F42BDFB587C9EB&w=256&q=75"/><h3 class="qa-benefits-item-title h4">Enhanced graphics and visualisation</h3><p class="qa-benefits-item-description ColumnImage_description__t04js">The Argus Monthly Ammonia Outlook service incorporates insightful visuals to highlight and bring key data to life, such as net trade and supply surplus/deficits</p></div></div></div></div></div></div><div class="component component-padding ColumnText_columnText__LkARY white" id="customers"><div class="component-content"><div class="container"><div class="qa-columntext-intro ColumnText_intro__gigTR row"><div class="col-12 col-lg-9"><h2 class="section-heading">Customers that benefit</h2><div class="ColumnText_description__uBODH">As interest in the vital ammonia market continues to grow, anyone with exposure to the global ammonia market will find the Argus Monthly Ammonia Outlook service essential. <br/> <br/>Subscribers of the service include: New entrants to the market such as energy players/utilities and players active in the shipping and marine fuels market, fertilizer producers, industrial users of ammonia (such as ACN, caprolactam and mining-grade AN), trading companies, importers and distributors, buying agencies, financial institutions, logistics companies, co-operatives, government agencies and associations around the world. <br/> <br/>Below are examples of clients that use this service:</div></div></div><div class="ColumnText_panels__SuTAc row"><div class="qa-columntext-panels col-12 col-lg-6"><div class="qa-columntext-panel-text ColumnText_description__uBODH"><ul> <li>Producers and suppliers  </li> <li>Traders </li> <li>Energy and utilities companies</li> <li>Shipping and port authorities</li> <li>Procurement teams </li> </ul> <div> </div></div></div><div class="qa-columntext-panels col-12 col-lg-6"><div class="qa-columntext-panel-text ColumnText_description__uBODH"><ul> <li>Industry analysts </li> <li>Governments </li> <li>Financial institutions including bankers and investors </li> <li>Wholesalers </li> <li>Co-ops and retailers</li> </ul></div></div></div></div></div></div><div class="component component-padding navy" id="specs"><div class="component-content"><div class="container"><div class="row"><div class="col-12 col-lg-7"><h2 class="qa-accordion-title section-heading">Product specifications</h2></div></div><div><div class="qa-accordion-items Accordion_item__wwVZ1 "><button type="button" aria-expanded="false" aria-controls="accordion-6bf88831-400c-4bd4-9665-ab5b248f17b3-panel-0" id="accordion-6bf88831-400c-4bd4-9665-ab5b248f17b3-button-0" class="Accordion_button__6ui4x"><h3 class="qa-accordion-item-title Accordion_heading__GP7y0 large cta">Ammonia price forecasts</h3></button><div id="accordion-6bf88831-400c-4bd4-9665-ab5b248f17b3-button-0" role="region" aria-labelledby="accordion-6bf88831-400c-4bd4-9665-ab5b248f17b3-button-0" class="qa-accordion-item-content Accordion_description__7Jnfh"><p>The service provides ammonia price forecasts for the next three months and next three quarters, for the following prices:</p> <ul> <li>Middle East fob</li> <li>Tampa cfr</li> <li>Caribbean fob</li> <li>North Africa cfr</li> <li>India cfr</li> <li>East Asia cfr</li> </ul> <div> </div></div></div><div class="qa-accordion-items Accordion_item__wwVZ1 "><button type="button" aria-expanded="false" aria-controls="accordion-a12dc9a8-eaa1-4a08-9e14-0aff0c7cbee6-panel-1" id="accordion-a12dc9a8-eaa1-4a08-9e14-0aff0c7cbee6-button-1" class="Accordion_button__6ui4x"><h3 class="qa-accordion-item-title Accordion_heading__GP7y0 large cta">Supply and demand balance</h3></button><div id="accordion-a12dc9a8-eaa1-4a08-9e14-0aff0c7cbee6-button-1" role="region" aria-labelledby="accordion-a12dc9a8-eaa1-4a08-9e14-0aff0c7cbee6-button-1" class="qa-accordion-item-content Accordion_description__7Jnfh">The Argus Monthly Ammonia Outlook service includes analysis of the supply and demand balance for major markets, updated on a rolling basis in each monthly issue for the next three months, and the next three quarters</div></div><div class="qa-accordion-items Accordion_item__wwVZ1 "><button type="button" aria-expanded="false" aria-controls="accordion-a87cefe2-318d-40c5-8e6d-410ae0659d11-panel-2" id="accordion-a87cefe2-318d-40c5-8e6d-410ae0659d11-button-2" class="Accordion_button__6ui4x"><h3 class="qa-accordion-item-title Accordion_heading__GP7y0 large cta">Global trade balance analysis and forecast</h3></button><div id="accordion-a87cefe2-318d-40c5-8e6d-410ae0659d11-button-2" role="region" aria-labelledby="accordion-a87cefe2-318d-40c5-8e6d-410ae0659d11-button-2" class="qa-accordion-item-content Accordion_description__7Jnfh"><p>A rolling global trade balance is provided in each monthly issue, covering the next three months and next three quarters, with analysis of:</p> <ul> <li>Export total</li> <li>Import total</li> <li>West of Suez balance</li> <li>East of Suez balance</li> </ul></div></div><div class="qa-accordion-items Accordion_item__wwVZ1 "><button type="button" aria-expanded="false" aria-controls="accordion-2aa3546f-ace4-4dad-a3ea-6f2cbf804368-panel-3" id="accordion-2aa3546f-ace4-4dad-a3ea-6f2cbf804368-button-3" class="Accordion_button__6ui4x"><h3 class="qa-accordion-item-title Accordion_heading__GP7y0 large cta">Revisions to forecast</h3></button><div id="accordion-2aa3546f-ace4-4dad-a3ea-6f2cbf804368-button-3" role="region" aria-labelledby="accordion-2aa3546f-ace4-4dad-a3ea-6f2cbf804368-button-3" class="qa-accordion-item-content Accordion_description__7Jnfh">The service includes insight every month on any revisions to the forecast, along with the reasoning for and impact of the revision</div></div><div class="qa-accordion-items Accordion_item__wwVZ1 "><button type="button" aria-expanded="false" aria-controls="accordion-ba9d8712-95b9-4f41-bcf8-f9d6478b012c-panel-4" id="accordion-ba9d8712-95b9-4f41-bcf8-f9d6478b012c-button-4" class="Accordion_button__6ui4x"><h3 class="qa-accordion-item-title Accordion_heading__GP7y0 large cta">Country/regional analysis and outlook</h3></button><div id="accordion-ba9d8712-95b9-4f41-bcf8-f9d6478b012c-button-4" role="region" aria-labelledby="accordion-ba9d8712-95b9-4f41-bcf8-f9d6478b012c-button-4" class="qa-accordion-item-content Accordion_description__7Jnfh"><p>The Argus Monthly Ammonia Outlook service includes country and region focused analysis, covering:</p> <ul> <li>Northwest Europe</li> <li>Russia</li> <li>US</li> <li>Trinidad</li> <li>Iran</li> <li>Saudi Arabia</li> <li>Oman</li> <li>India</li> <li>East Asia</li> </ul> <div> </div></div></div><div class="qa-accordion-items Accordion_item__wwVZ1 "><button type="button" aria-expanded="false" aria-controls="accordion-98ac57d8-639f-4a81-97cb-db1420a8403b-panel-5" id="accordion-98ac57d8-639f-4a81-97cb-db1420a8403b-button-5" class="Accordion_button__6ui4x"><h3 class="qa-accordion-item-title Accordion_heading__GP7y0 large cta">New capacity analysis</h3></button><div id="accordion-98ac57d8-639f-4a81-97cb-db1420a8403b-button-5" role="region" aria-labelledby="accordion-98ac57d8-639f-4a81-97cb-db1420a8403b-button-5" class="qa-accordion-item-content Accordion_description__7Jnfh">The Argus Monthly Ammonia Outlook service incudes analysis of new capacity (planned/under-construction) for the year ahead, listing company, location, expected date and capacity alongside additional insights and notes.</div></div><div class="qa-accordion-items Accordion_item__wwVZ1 "><button type="button" aria-expanded="false" aria-controls="accordion-a2f8d8fc-214b-4c4d-8241-ad38336c5b69-panel-6" id="accordion-a2f8d8fc-214b-4c4d-8241-ad38336c5b69-button-6" class="Accordion_button__6ui4x"><h3 class="qa-accordion-item-title Accordion_heading__GP7y0 large cta">Production costs analysis</h3></button><div id="accordion-a2f8d8fc-214b-4c4d-8241-ad38336c5b69-button-6" role="region" aria-labelledby="accordion-a2f8d8fc-214b-4c4d-8241-ad38336c5b69-button-6" class="qa-accordion-item-content Accordion_description__7Jnfh"><p>The Argus Monthly Ammonia Outlook service includes production cost analysis for Russia (Baltic exporter), USA, Trinidad and Tobago, Indonesia. The analysis covers:</p> <ul> <li>Feedstock costs</li> <li>Variable costs</li> <li>Fixed costs</li> <li>Transport costs</li> </ul></div></div><div class="qa-accordion-items Accordion_item__wwVZ1 "><button type="button" aria-expanded="false" aria-controls="accordion-f3637c89-478e-4281-a020-6da993854ed9-panel-7" id="accordion-f3637c89-478e-4281-a020-6da993854ed9-button-7" class="Accordion_button__6ui4x"><h3 class="qa-accordion-item-title Accordion_heading__GP7y0 large cta">Downstream and related market analysis</h3></button><div id="accordion-f3637c89-478e-4281-a020-6da993854ed9-button-7" role="region" aria-labelledby="accordion-f3637c89-478e-4281-a020-6da993854ed9-button-7" class="qa-accordion-item-content Accordion_description__7Jnfh"><p>The service includes analysis of the impact of related markets, and downstream markets:</p> <ul> <li>Phosphates</li> <li>Urea</li> <li>Acrylonitrile</li> <li>CAN</li> </ul></div></div><div class="qa-accordion-items Accordion_item__wwVZ1 "><button type="button" aria-expanded="false" aria-controls="accordion-61736a5c-1a69-41b9-a095-e917c37528d5-panel-8" id="accordion-61736a5c-1a69-41b9-a095-e917c37528d5-button-8" class="Accordion_button__6ui4x"><h3 class="qa-accordion-item-title Accordion_heading__GP7y0 large cta">Macroeconomic outlook</h3></button><div id="accordion-61736a5c-1a69-41b9-a095-e917c37528d5-button-8" role="region" aria-labelledby="accordion-61736a5c-1a69-41b9-a095-e917c37528d5-button-8" class="qa-accordion-item-content Accordion_description__7Jnfh"><p>The Argus Monthly Ammonia Outlook service provides analysis of the macroeconomic outlook, including the GDP growth forecast for the year for major fertilizer-consuming countries and regions including:</p> <ul> <li>Eurozone</li> <li>Brazil</li> <li>United States</li> <li>China</li> <li>India</li> <li>World</li> </ul> <div> </div></div></div><div class="qa-accordion-items Accordion_item__wwVZ1 "><button type="button" aria-expanded="false" aria-controls="accordion-46b21919-df41-4129-a1e9-ce41e0830a95-panel-9" id="accordion-46b21919-df41-4129-a1e9-ce41e0830a95-button-9" class="Accordion_button__6ui4x"><h3 class="qa-accordion-item-title Accordion_heading__GP7y0 large cta">Freight analysis</h3></button><div id="accordion-46b21919-df41-4129-a1e9-ce41e0830a95-button-9" role="region" aria-labelledby="accordion-46b21919-df41-4129-a1e9-ce41e0830a95-button-9" class="qa-accordion-item-content Accordion_description__7Jnfh"><p style="margin-bottom: 0cm;">The Argus Monthly Ammonia Outlook service provides freight analysis covering West of Suez and East of Suez</p></div></div><div class="qa-accordion-items Accordion_item__wwVZ1 "><button type="button" aria-expanded="false" aria-controls="accordion-87f9bda9-acdf-426e-9cae-03ab2842f2fa-panel-10" id="accordion-87f9bda9-acdf-426e-9cae-03ab2842f2fa-button-10" class="Accordion_button__6ui4x"><h3 class="qa-accordion-item-title Accordion_heading__GP7y0 large cta">Crude oil analysis</h3></button><div id="accordion-87f9bda9-acdf-426e-9cae-03ab2842f2fa-button-10" role="region" aria-labelledby="accordion-87f9bda9-acdf-426e-9cae-03ab2842f2fa-button-10" class="qa-accordion-item-content Accordion_description__7Jnfh">The Argus Monthly Ammonia Outlook service provides analysis of the cure oil market and its prices</div></div><div class="qa-accordion-items Accordion_item__wwVZ1 "><button type="button" aria-expanded="false" aria-controls="accordion-f29e4ba7-c3f5-4062-891c-ca899e7fcece-panel-11" id="accordion-f29e4ba7-c3f5-4062-891c-ca899e7fcece-button-11" class="Accordion_button__6ui4x"><h3 class="qa-accordion-item-title Accordion_heading__GP7y0 large cta">Proprietary Argus dataset</h3></button><div id="accordion-f29e4ba7-c3f5-4062-891c-ca899e7fcece-button-11" role="region" aria-labelledby="accordion-f29e4ba7-c3f5-4062-891c-ca899e7fcece-button-11" class="qa-accordion-item-content Accordion_description__7Jnfh"><ul> <li>Price forecasts data</li> <li>Price forecast graphs</li> <li>Price comparison data</li> <li>Ammonia production costs</li> <li>New capacity data</li> <li>Trade Balance data</li> <li>Historic balance data</li> </ul></div></div><div class="qa-accordion-items Accordion_item__wwVZ1 "><button type="button" aria-expanded="false" aria-controls="accordion-74cb7f60-5bf8-4c70-b892-5d18fc559f82-panel-12" id="accordion-74cb7f60-5bf8-4c70-b892-5d18fc559f82-button-12" class="Accordion_button__6ui4x"><h3 class="qa-accordion-item-title Accordion_heading__GP7y0 large cta">Access to industry leading online tools and dashboards</h3></button><div id="accordion-74cb7f60-5bf8-4c70-b892-5d18fc559f82-button-12" role="region" aria-labelledby="accordion-74cb7f60-5bf8-4c70-b892-5d18fc559f82-button-12" class="qa-accordion-item-content Accordion_description__7Jnfh">Argus empower our users with the Argus Direct® online platform to bring to life the data and analysis that we publish, ensuring you have the latest insights at your fingertips. This platform is your starting point for accessing your subscription, allowing you to download proprietary datasets and the monthly pdf publications.</div></div></div></div></div></div><div class="component component-padding white" id="prices"><div class="component-content"><div class="container"><div class="row"><div class="ContentCarousel_intro__GOQMj col-12 col-lg-8 mx-auto"><h2 class="qa-contentcarousel-header">Key price assessments</h2><p class="qa-contentcarousel-description">Argus ammonia price assessments are recognised by the market as trusted and reliable indicators of the real market value. Explore some of our most widely used and relevant price assessments.</p></div></div></div><div class="ContentCarousel_carousel__skHV_"><div class="container"><div class="row"><div class="col-lg-10 offset-lg-1 d-none d-lg-block"><div class="Carousel_carousel__cxmDM "><div class="Carousel_viewport__hzjLs"><div class="Carousel_slides__11lIX"><div class="qa-slide-items current"><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-middle-east-fob-ammonia"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Middle East fob ammonia</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Argus publishes this price on a weekly basis, inclusive of shipments loading from Saudi Arabia, Qatar, Bahrain, Kuwait, UAE and Oman, and also considers netbacks from price movements in key cfr export markets.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div></div></div></div></div><div class="col-12 d-lg-none"><div class="Carousel_carousel__cxmDM pagination qa-slide-pagination"><div class="Carousel_viewport__hzjLs"><div class="Carousel_slides__11lIX"><div class="qa-slide-items current"><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-middle-east-fob-ammonia"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Middle East fob ammonia</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Argus publishes this price on a weekly basis, inclusive of shipments loading from Saudi Arabia, Qatar, Bahrain, Kuwait, UAE and Oman, and also considers netbacks from price movements in key cfr export markets.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div></div></div></div></div></div></div></div><div class="ContentCarousel_viewAllContainer__QrNE_ container"><a title="" target="" class="qa-contentcarousel-cta cta large" href="/en/methodology/key-commodity-prices">View all key price assessments</a></div></div></div><div class="component component-padding grey" id="related"><div class="component-content"><div class="container"><div class="row"><div class="CardCarousel_intro__0GvNz col-12 col-lg-8 mx-auto"><h2 class="qa-keyprices-title">Related documents</h2></div></div></div><div class="CardCarousel_carousel__4za2y"><div class="container"><div class="row"><div class="col-lg-10 offset-lg-1 d-none d-lg-block"><div class="Carousel_carousel__cxmDM "><div class="Carousel_viewport__hzjLs"><div class="Carousel_slides__11lIX"><div class="qa-slide-items current"><a href="https://event.on24.com/wcc/r/4280917/B3FA181F65BEE5AD6EAE8FBBE5BF7882/4844563" class="qa-keyprices-items CardCarousel_card__miF1v" target="_blank" rel="noopener noreferrer"><div><h3 class="qa-keyprices-item-title h4">Clean Ammonia: Long-term cost and price modelling</h3><div class="qa-keyprices-item-subtitle sub-heading h3">Webinar</div><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">Watch Argus’ ammonia market expert’s robust analysis of how long-term clean ammonia costs and pricing could develop</p></div><span class="qa-keyprices-item-cta cta">Watch now</span></a></div><div class="qa-slide-items "><a href="https://view.argusmedia.com/clean-ammonia-potential-2023.html" class="qa-keyprices-items CardCarousel_card__miF1v" target="_blank" rel="noopener noreferrer"><div><h3 class="qa-keyprices-item-title h4">Clean Ammonia - 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Understanding the market's potential</h3><div class="qa-keyprices-item-subtitle sub-heading h3">Video</div><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">Access concise analysis of clean ammonia demand, supply, costs, pricing and project economics.</p></div><span class="qa-keyprices-item-cta cta">Watch now</span></a></div></div></div></div></div></div></div></div></div></div><div class="component ContactForm_contactForm__RusC_ navy" id="form"><div class="component-content"><img alt="Contact us" loading="lazy" width="1600" height="555" decoding="async" data-nimg="1" class="ContactForm_image__E3Vzy d-none d-lg-block" style="color:transparent" srcSet="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fenglish%2Fimages%2Fpeople%2Fcontact-us-forms%2Fcontact-us-form-people-01.jpg%3Fh%3D530%26iar%3D0%26w%3D1600%26rev%3D11241929fdc14a179ef99c404758bfb1%26hash%3D322CC5B9101492D34760BBF80DED1D95&w=1920&q=75 1x, /_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fenglish%2Fimages%2Fpeople%2Fcontact-us-forms%2Fcontact-us-form-people-01.jpg%3Fh%3D530%26iar%3D0%26w%3D1600%26rev%3D11241929fdc14a179ef99c404758bfb1%26hash%3D322CC5B9101492D34760BBF80DED1D95&w=3840&q=75 2x" src="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fenglish%2Fimages%2Fpeople%2Fcontact-us-forms%2Fcontact-us-form-people-01.jpg%3Fh%3D530%26iar%3D0%26w%3D1600%26rev%3D11241929fdc14a179ef99c404758bfb1%26hash%3D322CC5B9101492D34760BBF80DED1D95&w=3840&q=75"/><div class="ContactForm_content__SjXae container"><div class="row"><div class="col-12 col-lg-7 qa-form-specialist"><h2 class="h1 qa-form-header">Speak to our experts today</h2><div class="ContactForm_description__1ctco qa-form-description">Register below and we will customise a solution that meets your exact needs. 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