North America Nitrogen Prices Movement Q3:
Nitrogen Prices in United States:
Product | Category | Price |
Nitrogen | Bulk Chemical and Fertilizer | 260 USD/MT |
In September 2024, nitrogen prices in the United States peaked at 260 USD/MT for Q3. In Q3 2024, nitrogen prices in the United States saw a significant increase due to a combination of factors. Strong global demand, driven by heightened procurement activities and agricultural needs, contributed to the price surge. Logistical challenges, including stock shortages and port congestion, further strained supply chains, pushing product rates higher. Additionally, seasonal buying during the agriculture planting and fertilizing periods, along with continued economic growth, led to steady nitrogen consumption across industries. These factors collectively maintained a bullish market trend, driving nitrogen prices up throughout the quarter.
APAC Nitrogen Prices Movement Q3:
Nitrogen Prices in India:
Product | Category | Price |
Nitrogen | Bulk Chemical and Fertilizer | 475 USD/MT |
In September 2024, nitrogen prices in India stabilized at 475 USD/MT for Q3. In Q3 2024, nitrogen prices in India surged due to several key factors. Increased local and global demand for nitrogen, driven by agricultural and industrial needs, put pressure on supply. Rising import costs, fueled by higher energy prices, further escalated production expenses, contributing to the price hike. Seasonal agricultural demands, particularly for fertilizers, also played a significant role, driving steady procurement activities and tightening supply. These factors combined to create a bullish market environment, with continued strong demand and supply challenges pushing nitrogen prices higher throughout the quarter.
How IMARC Pricing Database Can Help
The latest IMARC Group study, “Nitrogen Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Nitrogen price trend, offering key insights into global Nitrogen 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 Nitrogen 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/nitrogen-pricing-report/requestsample
Key Features:
Key Attributes | Details |
Product Name | Nitrogen |
Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Nitrogen Price Analysis, and Segment-Wise Assessment. |
Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
Information Covered for Key Suppliers | · Company Overview · Business Description · Recent Trends and Developments |
Customization Scope | The report can be customized as per the requirements of the customer |
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