In this episode, our market experts examine how shifting trade flows, growing shipping uncertainty and evolving supply dynamics are reshaping the global bitumen landscape in 2026. Importers across Asia are navigating longer voyage times, tighter vessel availability and escalating freight costs, all of which are creating greater unpredictability in securing prompt cargoes. The discussion also delves into Asia‑Pacific’s rapidly changing supply picture, driven in part by a sharp rise in Chinese exports. Competitive pricing from China is increasingly redefining traditional trade relationships across Vietnam, Malaysia and Thailand.

The episode further explores how infrastructure spending trends are diverging across major regional markets. China faces slowing growth, while India, Southeast Asia and Australia continue to benefit from stronger project pipelines. These contrasting demand trajectories highlight how broader economic conditions, government investment and market maturity are influencing consumption patterns. Collectively, these factors illustrate a bitumen market in transition, shaped by new trade routes, shifting competitiveness and evolving regional demand.

Hear Argus’ essential analysis of what’s driving China’s green ammonia production expansion, the Chinese projects leading this growth, where China could export green ammonia to, planned expansion of Chinese ports and tank capacity into 2027, how green ammonia could be priced and the potential impact of premiums and CBAM.

Join Huijun Yao, Editor – Fertilizers and Dinise Chng, Senior Reporter – Fertilizers as they discuss these topics in the latest episode of Argus' Fertilizer Matters podcast series.

Key questions answered in this podcast:

• What’s driving China’s surge in green ammonia production in 2026?
• Which major Chinese projects will lead this production growth?
• What renewable energy sources will power these projects?
• Will China export green ammonia, and which sectors are the likely buyers?
• How might China’s production, port capacity and storage expand by 2027?
• How could Chinese green ammonia be priced relative to conventional ammonia?
• How could green ammonia premiums and CBAM influence global demand?

Related links

• Argus Ammonia price reporting service | More info | Request trial
• More information: Urea short and mid to long-term outlook services
• Free newsletter sign up: Argus Fertilizer Market Highlights
• Fertilizer Matters podcast series

In this episode, Vulcan Energy CEO Cris Moreno joins Argus reporters Chris Welch and Avinash Govind to discuss the company’s latest progress at its Lionheart project in southwest Germany, following the start of new geothermal drilling activity to support Phase One development in Landau.

Key topics include:

• Scaling from pilots to full scale DLE and electrolysis
• Drilling outcomes at LSC 1A and 1B, and potential partnerships with oil majors
• Vulcan’s exposure to German and EU policy
• Phase Two and Three growth plans across the Upper Rhine Valley
• Updated offtake timelines and qualification pathways

Huge US propane inventories and the outlook for Chinese LPG demand were top of mind at Argus’ LPG forum in February.

Peter Wilton, Argus’ editor of International LPG in London, joins US NGLs editor Amy Strahan in this podcast to discuss trends and the global outlook discussed in this week’s LPG presentations in Houston.

Ongoing tensions in the Red Sea are diverting tanker vessels away from the Suez Canal. Erika Tsirikou and Josh Michalowski break down the latest developments and what they mean for clean tanker and diesel markets.

Key Points

• Prospect of a return to Suez Canal in 2026
• Effect on clean LR1 and LR2 rates
• Impact on European middle distillate markets of return to Suez

In this episode, Emmanuel Proença, chief executive of London-listed lithium miner Savannah Resources, spoke with Chris Welch, reporter for Argus Battery Materials, about a possible refining partnership with Portugal's Lifthium Energy, which it said it expects to announce in the coming weeks.

The conversation also explores the cost competitiveness of its Barroso mine, a definitive feasibility study forecast for summer, shifting offtake strategy and the impact of rising lithium prices.

Key topics include:

• Savannah’s plans for domestic lithium conversion
• How Barroso aims to compete on cost
• Progress toward the summer feasibility study
• Evolving offtake options in Europe
• What rising lithium prices mean for project timing

Part of a 5-part podcast series looking at the outlook of the refined products market in 2026

Hear Argus’ essential analysis of the ammonium sulphate (AS) market with a focus on China as the world’s largest exporter, covering why demand is growing in Southeast Asia and Europe, preferred grades, price and premium trends, product substitution to ammonium chloride and the impact of CBAM. We also introduce the new Argus caprolactum grade Ammonium Sulphate fob China daily price assessment.

Join Harry Minihan, Global Editor – Nitrogen, Dinise Chng, Senior Reporter – Fertilizers, and Dana Hjeij, Associate Editor - Nitrogen as they discuss these topics in the latest episode of Argus' Fertilizer Matters podcast series.

Key questions answered in this podcast:

· How have increasing demand and growing domestic capacity helped establish China as the world’s largest exporter of ammonium sulphate · How have Chinese caprolactum producers addressed low margins? · Which Southeast Asian countries import standard Chinese AS, and how could this demand evolve? · Why are some South East Asian importers substituting AS for ammonium chloride? · How is the European market’s domestic production developing? · Which AS grades does Europe prefer and how much do they import from China? · What impact is CBAM implementation having on the market? · How are AS prices, demand and premiums evolving globally and in key markets like China and Europe? · Why did Argus launch the Ammonium Sulphate fob China (caprolactum grade) daily price assessment, and how does it enhance price transparency?

Related links

· Argus Nitrogen price reporting service | More info | Request trial · More information: Urea short and mid to long-term outlook services

· Free newsletter sign up: Argus Fertilizer Market Highlights · Fertilizer Matters podcast series