Deepika Thapliyal

INSIGHT: Crashing #gas prices spur ramp up of #fertilizer production in Europe but #petrochemicals still shuttered. More@ https://t.co/Bz5Y23gGO7 #ICIS #Energy #Russia #LNG #Nitrogen @ASabadus

In Europe, around 45-50% of #ammonia production is understood to be still down. This is an improvement from nearly 70% curtailment at ammonia plants in September. #Fertilizer producers are restarting as #gas prices have declined 80% in October so far. #ICIS #Russia #Energy

European fertilizer and #ammonia producers are restarting as gas prices drop 80% in October so far. Short term outlook for #gas is weak on mild temperatures in Europe, full storage and improving supply outlook. Longer term still very uncertain #ICIS #Energy #Russia #Fertilizer

Abundant #LNG supply, full storage & forecast of temperatures above seasonal norm will keep weighing on Dutch #TTF spot #gas in short term. The #ICIS TTF Day-ahead contract has dropped by 80% since early October, settling at €27.55/MWh on 24 Oct #Fertilizer @Marta_DelBuono

RT @Marta_DelBuono: An improving #LNG supply picture for the short to mid-term in the #Netherlands is likely to keep eroding the #ICIS #TTF…

#Urea sellers are thinking 'thank god for Indian tender'. There is no demand anywhere else. India buying over a million tonnes should bring some stability to the market. No buyers in Europe as warehouses full, Brazil is well supplied with sanctioned product #ICIS #Fertilizer

The EU has proposed measures to curb #gas price surges. #ICIS energy team has put together a short Q&A paper that examines the debate and challenges each proposal would present@ https://t.co/SaQm96Ww6a #Energy #Russia #Europe #Ukraine #Crisis

Listen to our free podcast on the outlook for the #urea market. #Urea prices still more stable compared to other #fertilizers such as #phosphate and #sulphur that have been coming down@ https://t.co/4arKZ9UWxw #ICIS #Gas #Russia

#Gas prices down as EU intervenes, but efforts may not be enough. Up to 70% of #fertilizer production is down in Europe. Poland's Anwil though is restarting #nitrogen production 'for sake of food security'. Hard for Europeans to compete with imports which are much cheaper #ICIS

Majority of #nitrogen plants are down in Europe due to high #gas costs. Buyers will import more #urea & #ammonia to tide over. How long though before we see bankruptcies at #fertilizer plants in Europe? They can't sustain in these conditions & gas is not going to come down #ICIS

#ICIS TTF #gas price soared to the third highest level ever on 6 July, closing at $51.20/MMBtu. Maintenance in Norway, Russia will cut flows to Europe. It is not economically viable to produce #fertilizer in Europe as production cost is 60% more than current price #Urea #Ammonia

Chaotic #fertilizer markets and weather events could worsen the #food crisis. Listen to a podcast by @BillBeacham https://t.co/pL8gWZuoL1 #ICIS #Agriculture #Farming #Urea #Phosphate #Potash

RT @ET_RISE: #Organicfertilisers are making a comeback. What should India do? #UkraineWar #fertilizer #urea #ammonia #nitrates @ICISOffic…

Indian #urea tender price is above expected but still a big decline from levels seen a month ago. India on track to buy 1.5m tonnes, will market stabilise if they absorb such a big quantity- would think yes but not everyone is sure with not much demand elsewhere #ICIS #Fertilizer

We did a #fertilizer podcast of why prices of #urea #ammonia & #nitrates declined over the last month, and what to expect going forward@ https://t.co/Z4HbxBMvps. The drop in prices comes despite supply concerns for Russian products, but prices are still double of last year #ICIS

The price in the latest #urea tender in India is lower than expectations and in fact bearish (tender was for small quantity). The market has been at a standstill for nearly a month as the next big import tender from India is still awaited #ICIS #fertilizer #agriculture

Credit ratings agency Moody’s is the first one to take a long term call on #fertilizer saying prices are likely to remain at record highs, over $1,000/tonne well into 2023 on high natural #gas prices 7 lower exports from #Russia & #Belarus @ICIS_JonLopez #ICIS #Urea #Potash