Jordan Potassium Nitrate Prices Movement Q3
 

Potassium Nitrate Prices in Jordan:

In the third quarter of 2024, market  Potassium Prices in Jordan dropped to $836 per metric ton in September. This decline was mainly due to a slowdown in agricultural demand, which is typical during certain periods. Lower fertilizer consumption, along with improvements in manufacturing efficiency, led to an oversupply of products in the market. On top of that, fluctuating shipping costs and geopolitical issues made transportation more expensive and unpredictable. All of these factors created a generally negative market outlook throughout the quarter.

Potassium Nitrate Prices in China:

In the third quarter of 2024, the price trend for potassium nitrate in China settled at $748 per metric ton in September. The market experienced a downturn, mainly due to reduced demand and an oversupply of fertilizers. This oversupply was caused by a seasonal slowdown in agricultural activity, along with increased local production, which created a surplus.

The situation was made worse by logistical problems, such as congestion at ports, and trade tensions, which disrupted the movement of goods. These challenges added pressure on the fertilizer market, causing prices to fall as economic conditions impacted the sector.

Potassium Nitrate Prices in Netherlands:

In the third quarter of 2024, prices in the Netherlands rose to $920 per metric ton in September. The market experienced an upward trend, driven by strong demand from the agricultural sector as preparations for planting season increased.

However, supply chains faced challenges due to logistical issues, including labor shortages and congestion at ports, which slowed the movement of goods. Geopolitical tensions added to these difficulties, creating additional uncertainty. Despite these supply-side constraints, the combination of high demand and limited availability kept prices elevated, maintaining a bullish market environment.

How IMARC Pricing Database Can Help

The latest IMARC Group study, “Potassium Nitrate Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Potassium Nitrate price trend, offering key insights into global Potassium 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 Potassium Nitrate 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/potassium-nitrate-pricing-report/requestsample

 
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