Episode 1333: Global melamine podcast: upstream urea and ammonia focus

LONDON (ICIS)--European Melamine Editor Melissa Hurley interviews Senior Editor Sylvia Traganida, Deputy Managing Editor Deepika Thapliyal, Market Reporter Joy Foo and Connor Phillips.

Market factors to consider ahead of May:

• Asia Melamine market grappling with weak demand and increasing supply
• Asia exports dropped in March but expected to flow into Europe May/June
• Reduced melamine supply in Europe offset by ongoing sluggish demand conditions
• No tariff impact on US melamine so far
• Global urea demand expected to slow from H2 May
• China not resuming urea exports yet despite the domestic season ending
• Subdued European Ammonia demand; waiting for nitrates market to pick up
• Natural gas TTF prices softened, but European fertilizer producers reluctant to ramp up production due low demand