Deepika Thapliyal

Uncertainty is rife through Europe’s nitrogen and urea markets as the EU’s Carbon Border Adjustment Mechanism (CBAM) gets closer to enforcement on 1 January 2026. Importers, producers and traders are struggling to decipher the implication of a tax that remains vague, with additional costs expected anywhere from €30-80/t on imports. CBAM reporting begins on 1 January 2026, but the actual financial liability will only be known in 2027, which is a cause of concern for importers.

By Deepika Thapliyal, Sylvia Tranganida and Aura Sabadus, ICIS 18 October 2023, New Delhi: Thin consumption, rising gas prices and cheaper Russian imports of urea and ammonia are keeping a lid on European fertilizer production, prompting fears of permanent plant closures.

By Deepika Thapliyal, Sylvia Tranganida and Aura Sabadus, ICIS Thin consumption, rising gas prices, and cheaper Russian imports of urea and ammonia are keeping a lid on European fertilizer production, prompting fears of permanent plant closures.