North America Ammonium Nitrate Prices Movement Q2 

Ammonium Nitrate Prices in USA:

The price chart for ammonium nitrate in the United States showed a decrease, with prices dropping to $375 per metric ton in June 2024. This decline was mainly caused by reduced demand from the agricultural sector due to extreme weather conditions. Additionally, lower feedstock costs contributed to the price drop. The market was further impacted by disruptions in supply chains caused by floods and storms. Seasonal factors and weak demand also played a role, leading to slight price drops compared to the previous quarter.

Ammonium Nitrate Prices in China:

In Q2 2024, ammonium nitrate prices in China dropped sharply, reaching $466 per metric ton in June. This decline was mainly due to an oversupply of the product and weak demand in the market. Even though there was some seasonal planting during this time, the demand for ammonium nitrate remained low, which led to further price reductions. Compared to Q1 2024, the market saw a slight decrease, with a generally negative outlook and continued bearish sentiment pushing prices lower.

How IMARC Pricing Database Can Help

The latest IMARC Group study, “Ammonium Nitrate Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of  Ammonium Nitrate price trend, offering key insights into global Ammonium Nitrate 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 Iso Butyric Acid 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.

Request to Get the Sample Report: https://www.imarcgroup.com/ammonium-nitrate-pricing-report/requestsample
 
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