ChemAnalyst Market Research Report

North America The North American Ammonium Nitrate market region prevailed mixed sentiments throughout the Q4 of 2023. The prices increased significantly in the first month of the fourth Quarter. The market was primarily impacted by the following factors. Firstly, increase in the price of essential feedstock Ammonia led to an increase in the production cost of Ammonium Nitrate. Secondly, the demand for Ammonia and its derivatives including Ammonium Nitrate remained robust in the domestic market, particularly in anticipation of the forthcoming winter planting season, exerting upward pressure on prices. Lastly, the low availability of material within the regional market led to an increased price of ammonia within the country. Further, as the Chinese government curtail its fertilizers exports international consumers particularly Indian players were active in the North American market. However, in November the market unfolded bearish sentiments and remained stagnant in December. This price ...

  North America The North American Ammonium Nitrate market region prevailed mixed sentiments throughout the Q4 of 2023. The prices increased significantly in the first month of the fourth Quarter. The market was primarily impacted by the following factors. Firstly, increase in the price of essential feedstock Ammonia led to an increase in the production cost of Ammonium Nitrate. Secondly, the demand for Ammonia and its derivatives including Ammonium Nitrate remained robust in the domestic market, particularly in anticipation of the forthcoming winter planting season, exerting upward pressure on prices. Lastly, the low availability of material within the regional market led to an increased price of ammonia within the country. Further, as the Chinese government curtail its fertilizers exports international consumers particularly Indian players were active in the North American market. However, in November the market unfolded bearish sentiments and remained stagnant in December. This ...