Energy China International Group met with Türkiye's OYAK Group to discuss expanding cooperation in green hydrogen and ammonia projects. The talks focused on advancing joint implementation of key projects to support Türkiye's green energy transition. This collaboration could boost green ammonia supply chain development in a strategic market.
| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Green Ammonia | China | FOB | USD 707.37/MT | August 2026 |
| Green Ammonia | India | FOB | USD 650.00/MT | August 2026 |
| Green Ammonia | USA | CIF | USD 820.25/MT | August 2026 |
| Green Ammonia | Germany | CIF | USD 820.96/MT | August 2026 |
| Green Ammonia | Australia | CIF | USD 802.04/MT | August 2026 |
| Green Ammonia | China | FOB | USD 693.50/MT | July 2026 |
| Green Ammonia | India | FOB | USD 650.00/MT | July 2026 |
| Green Ammonia | USA | CIF | USD 880.99/MT | July 2026 |
| Green Ammonia | Germany | CIF | USD 827.13/MT | July 2026 |
| Green Ammonia | Australia | CIF | USD 791.96/MT | July 2026 |
Stay updated with the latest Green Ammonia prices, historical data, and tailored regional analysis
In China, the average price of Green Ammonia rose from ~USD 693.50/MT (FOB) in July to ~USD 707.37/MT in August, an increase of ~2.0%. India’s average price held steady at approximately USD 650.00/MT (FOB) in the same period. Green ammonia values stayed stable because most supply is tied to long-term offtake contracts and government-backed schemes rather than spot trade. Meanwhile, conventional grey ammonia fell sharply during the quarter, widening the premium for green material, though it remained cheaper than blue ammonia. High gas costs after the Hormuz disruption weakened blue ammonia’s cost advantage and made Indian green supply more competitive. Demand from Japan remained the main support, as its third power auction awarded 516 MW of hydrogen and ammonia capacity and new long-term support was granted to projects including one in India. India also proposed a new auction of 1 million tonnes a year, expanding its supply pipeline. China began exporting green ammonia, with a first cargo shipped to South Korea in August for power-plant co-firing.
Analyst Insight
According to Procurement Resource, in the coming months, green ammonia prices are likely to stay broadly stable on policy-backed demand in North Asia, while growing supply from India and China may limit increases.
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Green ammonia values held broadly stable in Q2 2026 under long-term contracts, while record grey ammonia prices narrowed the premium for renewable supply.
High gas costs and lost Gulf ammonia supply raised conventional production costs, while subsidies for electrolysers helped reduce the cost of green hydrogen feedstock.
Long-term offtake deals and power sector policies in Japan, India and the EU supported demand, though South Korea narrowed support for ammonia co-firing.
Green ammonia continued to trade mainly under long-term fixed contracts in Q2 2026, so its values stayed broadly stable while conventional grey ammonia surged to record highs. The Hormuz blockade cut Gulf ammonia supply in April and May, and India was the country most affected by the loss of Middle East cargoes. This made domestic green supply more strategically important, and new long-term offtake agreements were signed between Indian producers and Japanese buyers, alongside plans for a green ammonia hub at a southern Indian port. As grey prices climbed, the gap between green and conventional ammonia narrowed sharply, improving the economics of renewable supply. In Europe, high natural gas costs and tight North African supply pushed grey ammonia to its highest levels since the conflict began. Support for green production also grew, as the EU’s third hydrogen auction funded projects with 1.1 GW of electrolyser capacity, lowering expected costs for green hydrogen, the main input. However, South Korea removed coal–ammonia co-firing from its clean hydrogen power category after weak participation in earlier auctions, reducing demand there.
Green ammonia is produced by using renewable energy to power the electrolysis of water, making it a sustainable alternative to conventional ammonia production. It is primarily used in fertilizer manufacturing but also has potential applications in energy storage, shipping fuel, and as a hydrogen carrier. By offering a cleaner production process, green ammonia plays a crucial role in reducing carbon emissions in agriculture, energy, and transportation sectors, contributing to a greener future.
NH3
Fertilizer production, Power generation, Industrial cleaning, Shipping fuel, Energy storage, Hydrogen transportation, Chemical manufacturing
Siemens Energy, ACME, ThyssenKrupp AG, Nel ASA, Iberdrola, S.A., Yara
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
The manufacturing process of Green Ammonia involves the Haber-Bosch process. The process starts with the generation of green hydrogen through water electrolysis, where water is split into hydrogen and oxygen using electricity from renewable sources. This green hydrogen is then combined with atmospheric nitrogen by the Haber-Bosch process, where hydrogen and nitrogen react at high temperatures and pressures in the presence of a catalyst, forming Green Ammonia as the final product.
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