LONDON (ICIS)--Relatively stable demand and evolving global supply dynamics are expected in European ammonia and acrylonitrile (ACN) markets in 2025.
In this latest podcast, global ammonia editor Sylvia Tranganida and Europe ACN editor Nazif Nazmul share the latest developments and expectations for what lies ahead.
- Ammonia players are expecting European demand from the nitrates market to pick up soon
- Availability is due to tighten with scheduled turnarounds in Saudi Arabia and Indonesia
- Ammonia prices globally are softening due to a lack of major demand
- Geopolitics-led macroeconomic challenges dampen prospects of ACN derivatives demand resurgence
- Balanced-to-long ACN supply dynamics anticipated to endure