North America Ammonium Chloride Prices Movement Q4

Ammonium Chloride Prices in USA:

Ammonium chloride prices dropped to 315 USD/MT during Q4 2023 in the United States. The decline was mainly due to high freights costs, delays in exports, and an oversupply of the material. It was made more challenging by the end of fertilizer peak season and an impaired international demand. Besides, the Panama Canal also faced disruption, and the changes to the shipping routes affecting the prices in the domestic market. This had reverberations on the inventory level that was triggered by the above-restated causes in the above-mentioned situations. Such high discounting of demand from such logistical standpoints ran steep downward influences throughout the quarter on the prices of ammonium chloride. In fact, despite the initial cyclical necessities, prices of ammonium chloride have finally refused to travel upward.

Ammonium Chloride Prices in China:

By December 2021, ammonium chloride in China got a slighter amount of 90 per metric ton (USD/MT) settled for Q4. It was due to weak internal demand but much exacerbated by halt of export. The situation was aggravated by inventory build-up because the seasonal reasons with its unprecedented high geopolitical influence brought a halt to free trade all along the Red Sea-all materials, including ammonium chloride, priced shipping up. There again was a price hike that ensued for a few days in November, but the usual suspicion of old-timers was back. This combination shown drivers obviously created challenging market dynamics experienced by volatile shifts in this and that affecting logistical workable. Thus, prices slumped towards the end of the quarter.

Ammonium Chloride Prices in Europe:

Ammonium chloride prices in Europe decreased down to $525 per metric ton during the fourth quarter of the year, which slipped down to December 2023. It was primarily due to a slack in fertilizer demand and harmful weather conditions that extended across the globe. These reasons were supported by global oversupply evidence, which resulted from the bottleneck in the Red Sea as the main reason that added further pressure on prices. Improved inventory and higher freight costs also retarded the overall price decrease. All these aspects combined to create a difficult market situation in the area, in which a lack of demand, logistical issues, and excess supply funneled through the whole quarter downwards in price for this product.

How IMARC Pricing Database Can Help

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