Tag: Demand

After two turbulent years, could the fertilizer market finally start to stabilise in 2023? Well, that’s what Dutch agricultural finance house Rabobank is predicting…

The global potash market has endured a tumultuous 18 months, says Andy Hemphill, senior editor for potash and sulphuric acid at ICIS Fertilizers. Export sanctions, high offer prices and buyer unrest persist as we enter 2023.

Last year attention was drawn to the potential for large scale decarbonisation to leave the world short of the key resources of sulphur, and hence sulphuric acid. But is there a global sulphur shortage on the distant horizon?

With Europe facing a long-term shortage of natural gas, and Russia looking east for new customers, how will changing global gas markets affect production of key syngas-based chemicals?

Due to the inherent nature of the renewable power, sizing eSyngas plants powered with renewable energy brings complexity normally not faced by natural gas-based facilities. In this article, Dr Raimon Marin and Dr Solomos Georgiou of AFRY discuss the application of AFRY’s state-of-the-art modelling tool to optimise the size and production of a green hydrogen system and a green ammonia plant based on given renewable power profiles and their associated variability (e.g., hourly, daily, seasonally, and annually).

Air Liquide presents the results of an internal study to identify preferred natural gas-based plant configurations at a methanol capacity of 250 t/d. Delivering small capacity plants requires a focus on the total cost of ownership (TCO) for the economics to be successful, in addition to the CO 2 footprint of the operation. As found by this study, SMR concepts are naturally power balanced for standalone greenfield operations and show no particular advantage for power import in a brownfield setting. POX and ATR cases are greatly improved and even advantaged in a brownfield setting compared to SMR when shifting from power balance to power import cases.

Industrial end-markets and food manufacturing provide significant global demand for pure and high value phosphate products. The growth potential for lithium iron phosphate (LFP) used in vehicle batteries is also a major industry talking point currently, as Alberto Persona, Fertecon’s principal phosphates analyst, explains.

The Russian-Ukraine conflict and price volatility have affected the supply/demand dynamics of the Brazilian fertilizer market and the buying behaviour of growers. As a consequence, Brazil’s fertilizer consumption is expected to fall for the first time in eight years. Debora Simoes and Cleber Vieira of leading consultancy Agroconsult offers their key market insights.

Global demand for rare earth metals is increasing, particularly for electric vehicle batteries and renewable energy devices, potentially leading to increased use of sulphuric acid in their extraction.

Sulphur markets suffered a correction in July-August that was more of a collapse; from $500/t to less than $100/t. Though it seems to have been something of an over-correction, and prices have moved back up since then, it is one of the most extreme price swings that sulphur has ever seen, comparable to the peak and precipitous fall in 2008. Indeed, at a time when commodity prices of all kinds have seen extremely high levels of volatility, sulphur has been more volatile still than just about all of them.