This webinar presentation describes the latest global outlook of the ammonia industry, and reviews supply, demand and trade across the regions, including the potential long term demand for emerging low carbon end uses of ammonia as a marine fuel and as a co-firing fuel in coal and gas power plants in regions with limited renewable energy generation. 

Global gas prices reached unprecedented levels at the end of 2021, with record prices hit around the globe. Both Asia’s JKM LNG price and Europe’s TTF gas price breached the $40/MMBtu milestone. Much has been written to dissect the causes of 2021’s price rally citing the impacts of COVID-19, China’s appetite for LNG, unscheduled shutdowns of some LNG production capacity, pipeline permitting issues in Europe, low gas storage levels, and the impact of a cold 2020/21 winter.The issues mentioned above were not unique to 2021, supply/demand imbalances are regular occurrences. However, key hub prices have never held a breach above $20/MMBtu. How have prices been sustained at this level for months? We will show that there are emerging long-term factors that stoked this bull run to almost US$50/MMBtu.This webinar addresses to what extent current market action is representative of a “new normal” to be expected in European gas markets and will also assess to what extent decarbonisation related stresses will be replicated in other markets, particularly Asia.

This webinar presentation addresses the Q4 industry performance, sourcing material from the recently published Quarterly Business Analysis Q4 report. This presentation focuses on the base petrochemicals - ethylene and propylene - and polyolefins. 

This report provides analysis and forecast to 2045 of the global market for ammonia.  Market Insights: Ammonia - 2021 includes discussion regarding key market drivers and constraints, as well as supply, demand and trade analysis for nine regions: North America, South America, Western Europe, Central Europe, Eastern Europe, Middle East, Africa, Asia Pacific, and China with forecasts to 2045.  Analysis, including competitive landscape, who’s who of suppliers and cost competitiveness along with price forecasts to 2045 and a snapshot of latest pricing trends is also included by region.