Ammonium Nitrate Prices, Demand, News, Chart and Forecast

𝐀𝐦𝐦𝐨𝐧𝐢𝐮𝐦 𝐍𝐢𝐭𝐫𝐚𝐭𝐞 𝐏𝐫𝐢𝐜𝐞𝐬 𝐈𝐧 𝐔𝐒𝐀

• 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬:  375 USD/MT

During the second quarter of 2024, the ammonium nitrate prices in the United States reached 375 USD/MT in June.

The latest report by IMARC Group, titled "𝐀𝐦𝐦𝐨𝐧𝐢𝐮𝐦 𝐍𝐢𝐭𝐫𝐚𝐭𝐞 𝐏𝐫𝐢𝐜𝐞𝐬, 𝐓𝐫𝐞𝐧𝐝, 𝐂𝐡𝐚𝐫𝐭, 𝐃𝐞𝐦𝐚𝐧𝐝, 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐍𝐞𝐰𝐬, 𝐇𝐢𝐬𝐭𝐨𝐫𝐢𝐜𝐚𝐥 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐃𝐚𝐭𝐚 𝐑𝐞𝐩𝐨𝐫𝐭 𝟐𝟎𝟐𝟒 𝐄𝐝𝐢𝐭𝐢𝐨𝐧," provides a thorough examination of the 𝐀𝐦𝐦𝐨𝐧𝐢𝐮𝐦 𝐍𝐢𝐭𝐫𝐚𝐭𝐞 𝐏𝐫𝐢𝐜𝐞𝐬. This report delves into the price of Ammonium Nitrate  globally, presenting a detailed analysis, along with informative Price Chart. Through comprehensive Price analysis, the report sheds light on the key factors influencing these trend. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the Demand, analyzing how it impacts Industry dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.

𝐀𝐦𝐦𝐨𝐧𝐢𝐮𝐦 𝐍𝐢𝐭𝐫𝐚𝐭𝐞 𝐏𝐫𝐢𝐜𝐞𝐬 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬
• 𝐂𝐡𝐢𝐧𝐚:466 USD/MT

𝗥𝗲𝗽𝗼𝗿𝘁 𝗢𝗳𝗳𝗲𝗿𝗶𝗻𝗴:
• 𝗠𝗼𝗻𝘁𝗵𝗹𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝘀: Annual Subscription
• 𝗤𝘂𝗮𝗿𝘁𝗲𝗿𝗹𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝘀: Annual Subscription
• 𝗕𝗶𝗮𝗻𝗻𝘂𝗮𝗹𝗹𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝘀: Annual Subscription

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗙𝗼𝗿 𝗮 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝘁𝗵𝗲 𝗥𝗲𝗽𝗼𝗿𝘁: https://www.imarcgroup.com/ammonium-nitrate-pricing-report/requestsample

𝐀𝐦𝐦𝐨𝐧𝐢𝐮𝐦 𝐍𝐢𝐭𝐫𝐚𝐭𝐞  𝐏𝐫𝐢𝐜𝐞 𝐓𝐫𝐞𝐧𝐝- 𝐐𝟐  𝟐𝟎𝟐𝟒

Several interconnected factors drive the ammonium nitrate market, reflecting agricultural demands and broader economic trends. Primarily, the demand for ammonium nitrate as a high-efficiency nitrogen fertilizer is a significant catalyst, particularly in regions with intensive agriculture practices. As global populations increase and the need for enhanced food production intensifies, farmers are increasingly utilizing ammonium nitrate to optimize crop yields and improve nutrient availability in soil.

Additionally, expanding precision agriculture practices and emphasizing the efficient use of fertilizers to maximize output further propels the market. Regulatory frameworks promoting sustainable farming practices also influence demand, as ammonium nitrate is favored for its effectiveness in boosting agricultural productivity. Also, the fluctuations in raw material prices, such as ammonia and nitric acid, directly impact production costs and market prices.

Seasonal patterns in agricultural activities, particularly planting and harvest cycles, further contribute to demand fluctuations. Collectively, these factors underscore the ammonium nitrate market's responsiveness to agricultural needs, regulatory influences, and global economic conditions, shaping its growth trajectory.

𝐀𝐦𝐦𝐨𝐧𝐢𝐮𝐦 𝐍𝐢𝐭𝐫𝐚𝐭𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

In Q2 2024, the North American ammonium nitrate market encountered a sustained downward trend in pricing, driven by a combination of significant factors. A primary contributor was the reduced demand from key agricultural sectors, adversely impacted by extreme weather conditions that disrupted planting activities. Concurrently, a decline in the prices of essential feedstocks, such as ammonia and nitric acid, exerted downward pressure on production costs, resulting in lower market prices for ammonium nitrate.

Despite being in the planting season, demand remained subdued due to unfavorable weather patterns, including extreme heat waves. In the APAC region, particularly in China, the ammonium nitrate market also experienced a significant price decline, attributed to an oversupply amid stable demand and a lack of new international inquiries.

Furthermore, the European market faced mixed sentiments as while prices initially declined, they saw a rise in the quarter's final month. Adverse weather conditions, including windstorms and floods, dampened agricultural demand, compounded by oversupply due to high inventories. This resulted in a stagnation in fertilizer sales across Europe, further affecting demand as crop growth was hindered by excessive rainfall in key regions.

𝐒𝐩𝐞𝐚𝐤 𝐓𝐨 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 : https://www.imarcgroup.com/request?type=report&id=22360&flag=C

𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗣𝗿𝗶𝗰𝗲 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀:

• 𝗔𝘀𝗶𝗮 𝗣𝗮𝗰𝗶𝗳𝗶𝗰: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
• 𝗘𝘂𝗿𝗼𝗽𝗲: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
• 𝗡𝗼𝗿𝘁𝗵 𝗔𝗺𝗲𝗿𝗶𝗰𝗮: United States and Canada
• 𝗟𝗮𝘁𝗶𝗻 𝗔𝗺𝗲𝗿𝗶𝗰𝗮: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
• 𝗠𝗶𝗱𝗱𝗹𝗲 𝗘𝗮𝘀𝘁 & 𝗔𝗳𝗿𝗶𝗰𝗮: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

𝗡𝗼𝘁𝗲: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝘂𝘀:
𝗜𝗠𝗔𝗥𝗖 𝗚𝗿𝗼𝘂𝗽
134 N 4th St. Brooklyn, NY 11249, USA
𝗘𝗺𝗮𝗶𝗹: sales@imarcgroup.com
𝗧𝗲𝗹 𝗡𝗼:(𝗗) +91 120 433 0800
𝗨𝗻𝗶𝘁𝗲𝗱 𝗦𝘁𝗮𝘁𝗲𝘀: +1-631-791-1145

𝗔𝗯𝗼𝘂𝘁 𝗨𝘀:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

This release was published on openPR.