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A version of this article was first published on Sustainable Fertilizers , a quarterly newsletter from S&P Global Commodity Insights' Fertecon. Ammonia is a crucial building block for a variety of industrial processes, with the main application in fertilizers, chemicals and explosives
This week, S&P Global Commodity Insights editors are keeping a close eye on developments at the Panama Canal that impact shippers' costs, as well as the appetite of Asian buyers for US crude and LNG. Also in focus are Australia's carbon credit prices and Pakistan's foreign currency troubles. 1
The US and Mexico celebrated 200 years of diplomatic relations in December 2022, but the food crop corn is now testing that relationship. The North American neighbors have perhaps one of the closest bilateral ties in the world, backed by robust economic and trade relations, with both generating hundreds of billions of dollars in trade revenues for each other. Electronics, vehicles, fuels, minerals, plastics and machinery are the biggest US exports to Mexico