Platts includes Agua Blanca Pool in Waha natural gas index methodology

Platts, part of S&P Global Commodity Insights, has launched daily FOB US Gulf ammonia and FOB US Gulf low-carbon ammonia assessments effective Nov. 1, 2024.

In view of increased export availability, Platts launched a daily (Monday-Friday) single number spot assessment of FOB market for conventional ammonia in the US Gulf Coast.

Platts has also launched a daily (Monday-Friday) single number spot assessment of the FOB market for low-carbon ammonia in the US Gulf Coast, where low-carbon ammonia capacities are due to ramp up owing to Inflation Reduction Act-related investment.

In each case, the assessments consider price information relating to ammonia from producers along the US Gulf Coast, with relevant price information normalized where necessary to a basis location of Donaldsonville, Louisiana. The assessments may also consider netbacks from relevant destination markets.

The basis cargo size for both the assessments is 25,000 mt, with relevant price information normalized where necessary to this point.