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
• Quarterly Updates: Annual Subscription
• 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

Ammonia (NH3) is a colorless gas made up of hydrogen and nitrogen that has a distinct smell. Because of its high nitrogen concentration, which is necessary for plant development, it is widely employed in many different sectors, mainly as a vital element in fertilizers. Ammonia is also used as a refrigerant, an explosives precursor, and a chemical raw ingredient in a number of industrial operations. The rising need for fertilizers, especially in the agricultural sector to support rising food production, is driving the worldwide ammonia market. Ammonia’s growing use in refrigeration systems and in the production of industrial chemicals are two other factors driving market expansion.

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.

Throughout Q4 2023, ammonia prices in the Asia Pacific area continued to fluctuate. At first, prices were driven up by strong demand from India, especially during the Rabi crop season. However, when supply and demand stabilized in December, China’s export limitations, which were intended to stabilize local prices, decreased foreign demand and caused a price decline.

In Q4 2023, the MEA region’s ammonia prices were originally optimistic due to production problems and robust global demand brought on by China’s export limitations. But by December, prices had dropped due to a reduction in demand from Europe and Asia following the busiest planting seasons, which was exacerbated by weather-related delays and unpredictabilities in regional commerce.

Early in Q4 2023, the ammonia market in South America was booming due to a lack of U.S. imports and logistical issues that drove up costs. However, El Nino-induced extended drought in Brazil and delayed exports from Panama Canal constraints reduced demand. Price reductions in December and a decrease in purchasing fervor were the results of these variables.

Due to supply difficulties brought on by Yara’s production suspension and high demand from Asia following China’s export curbs, ammonia prices in Europe increased in Q4 2023. However, bad weather and a reduction in foreign commerce saw demand diminish as December drew near, which led to a price drop at the conclusion 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.

About Us

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145