Blue, green ammonia prices diverge as electrolysis power prices rise, natural gas falls
March 22, 2024 Comments Off
Blue and green ammonia price indications diverged in February as capital costs for electrolysis and rising power prices pushed up renewables-derived production cost calculations, while falling natural gas prices continued to weigh on prices for blue production pathways. Blue ammonia prices slipped by $50-$60/mt, with Far East Asia prices falling to $369.63/mt, their lowest level since May 2023. US Gulf…
Blue, green ammonia prices diverge as electrolysis power prices rise, natural gas falls
Blue and green ammonia price indications diverged in February as capital costs for electrolysis and rising power prices pushed up renewables-derived production cost calculations, while falling natural gas prices continued to weigh on prices for blue production pathways. Blue ammonia prices slipped by $50-$60/mt, with Far East Asia prices falling to $369.63/mt, their lowest level since May 2023. US Gulf…
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