
Price trends
Market Insight courtesy of Argus Media
Market Insight courtesy of Argus Media
Gordon Feller looks at Gasunie’s plans to build a new nitrogen plant at Zuidbroek to allow for the progressive shutdown of the Groningen gas field, one of the largest in Europe.
Recent spikes in natural gas prices, particularly in Europe, have highlighted the tightness of natural gas markets around the world going into the northern hemisphere winter. Are ammonia and methanol producers on for a run of high gas prices in 2022?
Last year the International Energy Agency (IEA), in conjunction with IFA, published the Ammonia Technology Roadmap, which looks at ways of achieving decarbonisation of the nitrogen fertilizer industry by 2050. In this article we look at the scenarios and technology options that will define the industry over the next three decades.
The processed phosphates market will be a major indicator for price direction for sulphur markets in 2022. A significant downward correction is expected in DAP prices with early signals prices could soften in the February-March period.
As the world looks to a lower carbon future, refineries are having to examine their operating models, and look to, for example, renewable hydrogen production for desulphurisation technologies.
A look at papers presented at CRU’s annual Sulphur + Sulphuric Acid conference, which was once again held virtually, in November 2021.
It’s a slightly dispiriting fact about the sulphur industry that most of its producers don’t really want it. If you’re a refiner or a sour gas producer, you mainly care about the diesel and gasoline or natural gas that you can process and sell, and the sulphur is just the inconvenient component that the law and your customers force you to remove. But at times when sulphur prices, as they have at the start of this January, reach levels as high as $300/t, then the industry standing joke is that sulphur suddenly stops being a by-product or waste product, and starts to become a ‘co-product’ instead.
Meena Chauhan , Head of Sulphur and Sulphuric Acid Research, Argus Media, assesses price trends and the market outlook for sulphur.
Sulphur processing from sour gas fields dominates regional production, but the geographical remoteness of the area from end use markets and restrictions on sulphur storage means that producers often opt to reinject acid gas into oil and gas wells.