Fertilizers, Chemicals, Energy Transition, Renewables
May 27, 2025
Platts to discontinue weekly CFR US Gulf ammonia assessments, refine daily CFR US Gulf/Tampa ammonia assessment specifications
Platts, part of S&P Global Commodity Insights, will discontinue its weekly CFR US Gulf/Tampa and CFR US Gulf (Mississippi, Louisiana, Texas) ammonia assessments and adjust the specifications of its daily CFR US Gulf/Tampa ammonia assessment, effective Aug. 4, 2025.
In view of the lack of transparency on contract pricing in the region and the absence of reported fixed price spot CFR trade in Texas, Louisiana and Mississippi, Platts will discontinue the weekly CFR US Gulf (Tampa) (FAUGB04) and CFR US Gulf/Tampa (FAUGA04) ammonia assessments.
In addition to these discontinuations, Platts will narrow the location specification of the daily CFR US Gulf/Tampa (FAUGA00) assessment, pinpointing Tampa as a basis location, and change the quantity specification of the assessment from 10,000-25,000 mt to 25,000 mt.
The daily CFR US Gulf/Tampa (FAUGA00) ammonia assessment currently covers spot trade in all ammonia-importing ports/ terminals in the US Gulf states of Texas, Louisiana and Mississippi.
The adjustments to the daily CFR US Gulf/Tampa (FAUGA00) assessment are detailed below:
| Current | Proposed | |
| Assessment Name | CFR US Gulf/Tampa (FAUGA00) | CFR US Gulf/Tampa (FAUGA00) |
| Quality | Anhydrous ammonia, which is around 82% nitrogen and is stored and transported as a liquid under pressure at around minus 33 degrees Celsius. | Anhydrous ammonia, which is around 82% nitrogen and is stored and transported as a liquid under pressure at around minus 33 degrees Celsius, with no restrictions on carbon intensity |
| Quantity | 10,000-25,000 mt | Basis 25,000 mt |
| Basis and location | Spot. All ammonia-importing ports/terminals in the US Gulf states of Texas, Louisiana and Mississippi. Other locations may be used when reflective of the market and normalized. | Spot. Basis location Tampa, Florida. |
| Timing | Product to be shipped one to six weeks forward | Delivery one to six weeks forward |
| Frequency | Daily | Daily |
| Appears in | Platts Fertecon Daily | Platts Fertecon Daily |
| Unit of assessment | US dollars per mt | US dollars per mt |
| Timestamp | 1630 São Paulo close, published according to the São Paulo publishing calendar | 1630 São Paulo close, published according to the São Paulo publishing calendar |
Platts originally proposed the discontinuation its weekly CFR US Gulf/Tampa and CFR US Gulf (Mississippi, Louisiana, Texas) ammonia assessments and adjust the specifications of its daily CFR US Gulf/Tampa ammonia assessment on May 12 in a subscriber note available here .
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