Yeah fully agreed with your comments. I am particularly interested in the story after the Q2 this year. Gas prices are up and that should reflect in ammonia soon.
But would like to understand something which I haven’t been able to wrap my head around. Why doesn’t the ammonia unit economics don’t work at 250 USD cost price? Is it because global players are selling ammonia at a significant loss. Because freight cost advantage, the SGST advantage, thermal advantage should in theory work similarly, no matter the cost right? Or the gas DFPCL is getting is expensive?
Would love to know if someone knows/understands this.
| Subscribe To Our Free Newsletter |
