How the processed phosphates market develops over the coming months will be a major factor for the short term outlook for sulphur trends. Improvement is anticipated in the phosphates market from around mid-2020 which may help to support sulphur demand and in turn pricing.
Jerry d’Aquin of ConSul Inc. looks at the impact of falling sulphur prices on the US market.
At the time of writing this editorial, the World Economic Forum was having its usual annual meeting in the Swiss resort of Davos. Prior to this year’s meeting, as usual the WEF had produced its annual Global Risks Report to serve as a talking point for the meeting. While some of the risks were as usual political and economic, from proliferation of weapons of mass destruction and the “retreat from multilateralism” to growing inequalities of wealth in the developed world and “domestic political polarisation”, for the first time in the organisation’s history, the top five global risks in the report ranked by likeliness – which looks at potential global pitfalls over the next 10 years – were environmental. Perhaps with the pictures of Australia’s bush fire season fresh in their minds, the 750 experts ranked extreme weather events as the most likely, but climate change, biodiversity loss and sustainability in agriculture all ranked highly.
Floor prices in nitrogen markets are set by marginal producers high on the cost curve, usually using higher cost feedstocks. Recently, lower coal prices in China and the cost of imported LNG have begun to change the dynamic between producers on the margins.
Dr MP Sukumaran Nair, former Secretary to the Chief Minister and Chairman of the Public Sector Restructuring and Audit Board for the Government of Kerala, provides an update on India’s plans to achieve self-sufficiency in urea production by 2022.
Alistair Wallace , Head of Fertilizer Research, Argus Media, assesses price trends and the market outlook for nitrogen.
US agricultural demand is expected to pick up in 1Q 2020, and farm inventories are low.
CRU’s Nitrogen + Syngas conference and exhibition takes place this year at the World Forum, The Hague, in The Netherlands, from 17 to 19 February 2020.
Brazil is the main centre for new nitrogen demand in Latin America, but in spite of major oil and gas discoveries in the 2000s, has failed to develop a downstream nitrogen fertilizer industry.
Liquid ammonia is one of the feeds to the urea plant. It typically comes from the ammonia plant at a pressure of about 20 bar. In the urea plant this liquid ammonia is further pumped up to synthesis pressure conditions, sometimes after passing through a buffer tank, a heater and/or a filter. According to the ammonia phase diagram, when liquid ammonia flashes to atmospheric pressure temperatures can drop to as low as -33°C under worst case conditions. In case one or more of the above mentioned items of equipment needs to be drained for maintenance, a decision needs to be made where to drain this liquid ammonia. In a urea plant the options are the ammonia water tank or the vent stack, but which is best option?