• Episode 1245: PODCAST: Melamine upstream focus - key factors to watch out for in gas, ammonia and urea markets during Q4

  • Sep 24 2024
  • Length: 15 mins
  • Podcast

Episode 1245: PODCAST: Melamine upstream focus - key factors to watch out for in gas, ammonia and urea markets during Q4

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  • Summary


    • Volatile gas prices illustrate a finely balanced market
    • Tight ammonia availability; some scheduled maintenances expected
    • Unexpected gas related shutdowns in Egypt short-lived; India urea tenders boost sentiment
    • Certain factors support global urea market despite thin demand in Europe
    • Demand in China showing signs of recovery before National Day holiday (1-7 October)
    • China's average melamine operating rates hovering around 60%, market to track urea costs

    Additional reporting from market reporter Joy Foo, Senior Editor Sylvia Traganida, Deputy managing editor Deepika Thapliyal, Markets Reporter Joy Foo and Energy Market Reporter Lars Hoeylo Kjoellesdal.
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