ChemAnalyst Market Research Report

North America In the fourth quarter of 2023, the North American Ammonium Chloride market faced several challenges that impacted prices. Firstly, there was an oversupply of Ammonium Chloride in the market, exacerbated by delayed exports and high freight charges.  This surplus availability led to a narrowing gap between demand and supply, resulting in a decline in prices. Further, the conclusion of the peak fertilizer season in the United States and subdued demand from international markets, particularly Brazil, further contributed to the downward pressure on prices. Another factor influencing prices was the bottleneck in the Panama Canal, which caused delays in shipments and accumulation of inventories within the country. However, despite these challenges, the demand for Ammonium Chloride remained firm in the domestic fertilizer sector. Furthermore, some shipping companies are opting to bypass the Suez Canal due to concerns about potential rebel attacks, choosing alternative trade r...

  North America In the fourth quarter of 2023, the North American Ammonium Chloride market faced several challenges that impacted prices. Firstly, there was an oversupply of Ammonium Chloride in the market, exacerbated by delayed exports and high freight charges.  This surplus availability led to a narrowing gap between demand and supply, resulting in a decline in prices. Further, the conclusion of the peak fertilizer season in the United States and subdued demand from international markets, particularly Brazil, further contributed to the downward pressure on prices. Another factor influencing prices was the bottleneck in the Panama Canal, which caused delays in shipments and accumulation of inventories within the country. However, despite these challenges, the demand for Ammonium Chloride remained firm in the domestic fertilizer sector. Furthermore, some shipping companies are opting to bypass the Suez Canal due to concerns about potential rebel attacks, choosing alternative ...