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Blue ammonia prices firm, lack of green offtake deals hamper FIDs

October 21, 2023 Comments Off

Blue ammonia prices firmed in September, tracking gains in the conventional market, while a lack of offtake agreements from would-be green ammonia buyers is hindering final investment decisions from project developers. The conventional ammonia market firmed through September as competition for prompt volumes intensified, driving up blue ammonia prices. Blue ammonia prices rallied by around 30%-50% on the month. Far…