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 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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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

Ammonia (NH3) is a colorless gas with a strong odor, composed of nitrogen and hydrogen. It is widely used in various industries, primarily as a key ingredient in fertilizers, due to its high nitrogen content, which is essential for plant growth. Additionally, ammonia serves as a refrigerant, a precursor to explosives, and a raw material for chemicals in various industrial processes. The global ammonia market is driven by the growing demand for fertilizers, particularly in the agriculture sector, to support increasing food production. The rising adoption of ammonia in refrigeration systems and its role in manufacturing industrial chemicals also fuels market growth. Recent trends include the development of green ammonia production, using renewable energy sources to reduce carbon emissions, and growing interest in ammonia as a potential hydrogen carrier, contributing to sustainability efforts in energy sectors.

Ammonia prices in North America saw an upward trend in Q4 2023 due to rising natural gas costs, strong demand ahead of the winter planting season, and reduced availability. However, prices fell in December as inventories surged due to delayed exports caused by Panama Canal bottlenecks and reduced demand from South America, where adverse weather impacted agriculture.

Ammonia prices in the Asia Pacific region remained volatile throughout Q4 2023. Strong demand from India, particularly for the Rabi crop season, initially pushed prices higher. However, China’s export restrictions, aimed at stabilizing domestic prices, reduced international demand and led to a price drop in December as supply and demand reached equilibrium.

The MEA region's ammonia prices were bullish initially in Q4 2023, driven by production issues and strong international demand due to China’s export restrictions. However, by December, prices fell as demand from Europe and Asia declined after peak planting seasons, compounded by weather disruptions and regional trade uncertainties.

South America’s ammonia market was bullish in early Q4 2023, with limited imports from the U.S. and logistical challenges increasing prices. However, prolonged drought conditions in Brazil due to El Nino and delayed shipments from Panama Canal bottlenecks weakened demand. These factors led to reduced buying enthusiasm and price drops in December.

In Europe, ammonia prices were elevated in Q4 2023 due to supply shortages, exacerbated by Yara’s production halt and strong demand from Asia after China’s export cuts. However, as December approached, demand weakened due to adverse weather conditions and reduced international trade, contributing to a price decline towards the end of the quarter.

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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