Category: Outlook & Reviews

Metal processing in Northeast Asia is the major source of sulphuric acid exports from the region, and the ramp up of Chinese copper smelter capacity is leading to increased acid availability.

Major projects to consider in the short term outlook are Barzan in Qatar and the Clean Fuels Project in Kuwait. Combined these would add over 3 million t/a of sulphur capacity.

Although 2020 saw a contraction in GDP by 10% due to the impact of the coronavirus pandemic, the country had been one of the fastest growing of the world’s top 10 economies, with growth of 8.3% in 2016, although this had slowed to 4.1% in 2019. Its population is growing, and it is due to become the most populous country in the world by 2027 according to UN figures, with total population reaching 1.64 billion by 2050. The country thus continues to require more food, leading to rising sulphur/sulphuric acid consumption for the phosphate industry on the one hand, although increasing vehicle use and growth in domestic refining is also leading to some additional sulphur production.

There is an old adage that if you put two economists in a room, you will get three different opinions. As the world enters its second year of dealing with the coronavirus pandemic, that certainly still seems to be the case among those grappling with predicting an increasingly uncertain world.

More than 250 delegates from 36 countries participated in the 2021 Fertilizer Latino Americano Virtual Conference, 25-28 January 2021. To highlight this successful event, we report on selected keynote and regional presentations.

We profile a selection of the leading players in India’s large and dynamic domestic fertilizer industry.

ICIS, the independent commodity intelligence company, provides an overview of the nitrogen market. The world supply of urea looks set to outpace market demand in 2021, as several new projects come on-stream. Global ammonia demand, in contrast, is expected to rebound strongly this year after a difficult 2020. The flurry of recent green ammonia projects announcements is another significant market development.

Fertilizer markets are rallying to an extent not seen in almost a decade. This is primarily being driven by strong demand fundamentals, with crop prices moving to their highest point since 2013. But low pipeline inventories and supply disruptions have also played a part. In this guest editorial, CRU’s Chris Lawson explains what’s driving this rally and highlights the key supporting factors.

Market Insight courtesy of Argus Media

Phosphogypsum is finding increasing use in plaster and cement manufacture, roadbed construction and afforestation. We look at how previously unwanted solid waste generated by the phosphate industry is being turned into a valued resource.