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Arrival of Spring season escalated the market sentiments of Europe, where the demand remained substantially high throughout the quarter. However, unfavourable climate condition in some areas halted the agricultural activity for some weeks, which later recovered efficiently.
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E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Quarterly Update on Ammonium Nitrate Market For the Quarter Ending March 2021 North America North American market faced acute shortage of Ammonium Nitrate across the region during Q1 2021. After the winter storm Uri stroke US Gulf Coast in February, the availability of feedstock chemicals Ammonia and Nitric Acid reduced affectively due to curtailed production activities. However, the demand for fertilizers remained suspended for more than a month, as snow and frequent rains reduced the farming activities during the time period. This demand effectively improved in March and overall prices of Ammonium Nitrate showcased improvement by more than 20% within the quarter across Nebraska farms. Get more info: https://www.chemanalyst.com/Pricing-data/ammonium-nitrate 1216 FOLLOW US:
Ammonium Nitrate Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Asia Asian countries encountered firm demand for Ammonium Nitrate fertilizerfrom domestic agriculture sector during the quarter ending March. With the arrival of crop season Zaid in India, and with uplifted sentiments after sufficiently good crop in the prior quarter, demand for Ammonium Nitrate in the Indian market improved effectively. Indian imports witnessed an increase on y-o-y basis during Q1 2021. Meanwhile in Chinese market similar scenario was observed where the seasonal demand remained consistently firm. Europe Arrival of Spring season escalated the market sentiments of Europe, where the demand remained substantially high throughout the quarter. However, unfavourable climate condition in some areas halted the agricultural activity for some weeks, which later recovered efficiently. Thus, the prices rose affectively in Europe for almost all the fertilisers including Ammonium Nitrate especially from UAN fertilisers segment, whose demand was observed higher than many other alternatives. How we can help ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally. FOLLOW US:
Ammonium Nitrate Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Methodology ChemAnalyst gathers information through primary research surveys conducted with various Ammonium Nitrate manufacturers, spread across the domestic and international market, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of company’s annual reports and secondary sources such as exhaustive search on credible paid databases including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market. Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global Ammonium Nitrate market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility. Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behavior of consumers across the globe. Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence Global Ammonium Nitrate market. Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on weekly, monthly and yearly basis. Finally, and region-wise demand pattern is tracked. region-specific markets for Ammonium Nitrate are analyzed FOLLOW US:
Ammonium Nitrate Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ About Ammonium Nitrate is a white granular solid, which is highly soluble in water and hygroscopic in nature. It has a chemical formula NH4NO3, with a melting point of 169˚C and highly favourable in agriculture sector. Ammonium Nitrate is predominantly used as a fertilizer either as stand-alone product or after blending with other like Urea Ammonium Nitrate (UAN). Industrial production of Ammonium Nitrate includes the reaction of anhydrous Ammonia gas and concentrated Nitric acid. This is a highly exothermic reaction which yields a solution with 83% concentration, water is evaporated to get more than 95% concentration, which later processed and granulated. Uzbekistan followed by Poland, USA, Ukraine and Canada are the major producers of Ammonium Nitrate. Product Specific Details CAS No: 6484-52-2; HS Code: 31023000; Packaging Size: 25 kg bags; Import Terms: CFR, FOB, Ex-Work, Bulk Contracted, Spot Countries Covered: APAC – China, Japan, India, South Korea, Singapore Europe – Germany, France, Belgium America – USA, Brazil MEA – Saudi Arabia, UAE, South Africa FOLLOW US:
Ammonium Nitrate Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ ChemAnalyst is ‘one stop’ online portal that offers comprehensive market intelligence data and in-depth analysis on the Global chemical and petrochemical industry. Our aim is to provide competitive advantage to the industry stakeholders by offering ‘cutting edge’ information and analysis that help our customers leverage on the emerging opportunities in their businesses. ChemAnalyst’s team of 100+ analysts are engaged in tracking Chemical Prices daily, production capacity, manufacturing plant locations, foreign trade data and news/deals for more than 400 major chemicals produced in India. ChemAnalyst’s Interactive subscription platform provides the most comprehensive data and analysis in your industry to help you decode the future. demand and supply outlook, ChemAnalyst is promoted by TechSci Research (TSR). TSR is a research- based management consulting firm providing market research and advisory solutions to the customers worldwide, spanning a range of industries including Chemicals & Material, Automotive, Consumer & Retail, ICT, Energy & Power, Aerospace Management, BFSI and more. & Defense, Water and Waste CHEMANALYST B-44, Sector -57, Noida, NationalCapital Region, UP, India201301 Tel:+91-120-4523900 E: sales@chemanalyst.com FOLLOW US:
