Ammonia Prices, Demand, Historical and Forecast Data

North America Ammonia Prices Movement Q3:

Ammonia Prices in United States:

Ammonia prices in the United States reached 760 USD/MT. In Q4, ammonia prices in North America experienced significant fluctuations influenced by various market factors. Initially, prices surged due to rising natural gas costs and strong domestic demand for ammonia, particularly for winter planting, as farmers prepared for the season. This bullish trend reflected the critical role ammonia plays in agricultural production. However, by December, the market faced a sharp decline in prices, attributed to an oversupply situation that emerged in the regional market. As a result, prices fell to 760 USD/MT in the USA, highlighting the volatility and responsiveness of the ammonia market to supply and demand dynamics.

APAC Ammonia Prices Movement Q3:

Ammonia Prices in China:

The price trend for Ammonia in China for Q4 settled at 500 USD/MT. During Q4, ammonia prices in China exhibited notable fluctuations driven by several key factors. Initially, high demand from India contributed to rising prices as buyers sought to secure supplies. However, the situation shifted dramatically when the Chinese government implemented export restrictions in November, which significantly impacted the availability of ammonia in international markets. Coupled with limited material availability and variations in feedstock prices, these restrictions led to a decline in domestic prices by December. Consequently, ammonia prices in China, reflecting the complex interplay of domestic demand and governmental policies affecting exports.

Europe Ammonia Price Movement:

Ammonia Prices in Germany:

The price trend for Ammonia in Germany for Q4 settled at 650 USD/MT. In Q4 2023, the European ammonia market experienced a bullish trend, with prices reaching 650 USD/MT, primarily driven by significant supply chain disruptions caused by Yara's production halt. This situation complicated the availability of ammonia and heightened spot demand, particularly from external markets. However, as the quarter progressed, the market faced challenges that led to a decline in demand by December. Adverse weather conditions and geopolitical uncertainties, including rebel attacks in the Red Sea, contributed to this downturn, highlighting the fragility of the ammonia supply chain and the impact of external factors on market stability.

Browse Full Report:-  https://www.imarcgroup.com/ammonia-pricing-report 

How IMARC Pricing Database Can Help

The latest IMARC Group study, “Ammonia Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Ammonia price trend, offering key insights into global Ammonia market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Ammonia demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.

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