Ammonia Price in USA
- United States: 760 USD/MT
During Q4 2023, the price of ammonia in North America surged upwards due to elevated natural gas expenses and robust domestic demand for winter planting. However, prices took a sharp downturn in December, driven by an excess of supply in the regional market.
The latest report by IMARC Group, titled “Ammonia Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” provides a thorough examination of Ammonia Prices. This report delves into the Price of Ammonia globally, presenting a detailed analysis, along with informative Ammonia Price Chart. Through comprehensive price news, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the Ammonia demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Ammonia Price Analysis:
- China: 500 USD/MT
- Europe: 650 USD/MT
Report Offering:
- Monthly Updates: Annual Subscription
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- Biannually Updates: Annual Subscription
The study delves into the factors affecting ammonia price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/ammonia-pricing-report/requestsample
Ammonia Price – Last Quarter
The necessity for increased agricultural productivity stemming from the growing need for food production is driving market expansion. Furthermore, the market is expanding due to the extensive use of ammonia in fertilizer manufacturing to increase agricultural yields. In addition, the market is expanding due to ammonia’s rising use in a variety of industrial processes, including cooling systems, urea and acrylonitrile synthesis, and its role as a refrigerant in cooling systems. A favourable prognosis for the market’s expansion is also being created by the increased investigation of ammonia as a possible clean fuel substitute because of its high energy density and low carbon emissions during burning.
Moreover, the market is expanding due to the implementation of advantageous laws and policies that promote industrial and agricultural output. Furthermore, the ammonia manufacturing industry is seeing tremendous technical breakthroughs that boost market growth by reducing prices and improving efficiency. Additionally, the market is expanding because to the growing advancements in production technology, such as carbon capture techniques and more productive processes, which make ammonia manufacturing more economical and sustainable.
In the recent quarter, the ammonia market in Saudi Arabia saw changing patterns. The market was first under pressure to lower prices as a result of a decline in netbacks from contracted shipments to Asia and North Africa. But as the quarter went on, a number of variables contributed to a discernible price increase. A primary contributing element was the increase in production costs brought about by rising natural gas prices, which are a necessary input for the manufacturing of ammonia. Geopolitical shifts also had a significant impact.
Middle Eastern demand pressure increased after China stopped exporting fertilizer to India. Indian consumers’ search for alternatives as a result of this change raised the demand for Saudi ammonia. Limited spot availability and supply chain interruptions made matters worse and exacerbated the price increase. Together, these elements produced a tumultuous market environment in the Saudi ammonia industry that was marked by rising prices and heightened market volatility.
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
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, Peru
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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