Platts adjusts weekly FOB Baltic ammonia assessment; launches aligned daily FOB Baltic ammonia assessment June 27

Platts, part of S&P Global Commodity Insights, has adjusted the specifications of its established weekly FOB Baltic ammonia assessment and launched an aligned daily FOB Baltic ammonia assessment, effective June 27, 2025.

The decision to adjust the specifications of the established weekly FOB Baltic ammonia assessment and launch an aligned daily FOB Baltic ammonia assessment follow a proposal published here (opens in a new tab)on May 12, 2025, and a decision published here (opens in a new tab)on May 30, 2025.

Adjustments to the established weekly FOB Baltic ammonia assessment (FABAB04) have been made in view of changes in trade flows and the availability of information relating to ammonia exported from Baltic ports.

Platts has removed the contract component of its weekly FOB Baltic assessment, increased the quantity specification of the assessment to 15,000 mt, and set a basis location of Ust Luga.

The specifications of the new daily FOB Baltic assessment align with those of the amended weekly assessment, allowing Platts to standardize the relationship between the two.

The specifications of each assessment are detailed below:

Assessment Name: Ammonia FOB Baltic/FSU – weekly (FABAB04)

Quality: 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: 15,000 mt

Basis and location: Spot. Basis location Ust Luga,Russia

Timing: Loading one to six weeks forward

Frequency: Weekly

Appears in: Ammonia Market Report

Unit of assessment: US dollars per mt

Timestamp: 16:30 London close, published according to the London publishing calendar

Assessment Name: Ammonia FOB Baltic/FSU – daily (AFBBD00)

Quality: 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: 15,000 mt

Basis and location: Spot. Basis location Ust Luga,Russia.

Timing: Loading one to six weeks forward

Frequency: Daily

Appears in: Fertecon Daily

Unit of assessment: US dollars per mt

Timestamp: 16:30 London close, published according to the London publishing calendar

In the absence of representative FOB Baltic price information, Platts may also refer to CFR prices in relevant destinations and will use prevailing spot freight rates and origin adjustments to normalize to FOB Baltic.

In addition, Platts has standardized the relationship between the daily and weekly FOB Baltic assessments.

As of June 27, the weekly FOB Baltic ammonia assessment range is derived from the lowest and highest of the daily FOB Baltic ammonia assessments published over the course of the preceding trading week (Friday to Thursday), rather than being assessed in its own right. No fresh market information is taken into account for the weekly assessment.

Platts has also introduced a third "close" value for the weekly FOB Baltic assessment, reflecting market value at 16:30 London time on Thursdays, mirroring the day's daily assessment. It appears in the Ammonia Market Report PDF each Thursday and is available via Platts Connect alongside the adjusted low-high weekly range FOB Baltic ammonia. The daily FOB Baltic ammonia assessment appears in the Platts Fertecon Daily PDF and is available via Platts Connect.

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