Ammonium Sulphate Price Trend

Ammonium Sulphate Prices September 2023

The price of ammonium sulphate in China reached 141 USD/MT in September 2023. The country experienced a shortage of spot availability in the ammonium sulphate market as producers were prioritizing fulfilling supply contracts. In addition, some parts of the country faced lower-than-expected supply on account of the reduced production activity of compound fertilizer plants in the Shandong region. These factors widened the gap between demand and supply, driving the current price hike in the market. Besides this, data from the National Bureau of Labor and Statistics showcased a stable new order and a sharp increase in the production price index, indicating an increased consumption of goods. On the other hand, in August, prices declined due to lower-than-expected demand from international markets, particularly India, which was impacted by inadequate monsoon patterns.

Ammonium Sulphate Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Ammonium Sulphate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of ammonium sulphate pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of ammonium sulphate at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of ammonium sulphate price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing ammonium sulphate price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Ammonium Sulphate Market Analysis

The global ammonium sulphate market size reached US$ 3.2 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 5.9 Billion, at a projected CAGR of 7.10% during 2023-2032.

• In the treatment of drinking water, ammonium sulphate is used in a blend with chlorine to produce monochloramine for disinfection. There is a rise in the focus on consuming safe and clean drinking water among individuals to prevent the spread of numerous chronic diseases. In 2022, approximately 1.7 billion people around the world consumed a drinking water source contaminated with feces as claimed by the World Health Organization (WHO).
• There is an increase in the employment of ammonium sulphate in the food and beverage (F&B) industry as a food additive. It serves as a dough conditioner, a yeast nutrient, and a food additive to help regulate acidity levels. Moreover, the rising consumption of baked food products among the masses worldwide is enhancing the market share. People are purchasing baked food products that are versatile and easy to consume.
• Ammonium sulphate is a common fertilizer and a mildly acidic salt that can be used in place of vinegar to drop the potential of hydrogen (pH) of hides after liming or bucking before they are tanned.
• The ammonium sulphate market demand is further propelled by its utilization in the agriculture sector as a fertilizer. It supports rapid growth, crop yield, and profitability. It benefits in protecting aquifer environments and reducing nitrate washing losses. It aids in increasing the availability of phosphorus as well as micronutrients. It assists in enhancing soils with an alkaline pH or calcareous soils. Besides this, ammonium sulphate offers many other agronomic advantages over other fertilizer technologies, such as lower sensitivity to nitrogen losses from leaching and volatilization and denitrification.
• Ammonium sulphate is also becoming a popular ingredient in some dry chemical fire extinguishers. It benefits in suppressing fires by disrupting the chemical reactions involved in combustion. The rising focus on maintaining safety from fire hazards is contributing to the growth of the market.

Ammonium Sulphate Latest News

The report covers the latest developments, updates, and trends impacting the global ammonium sulphate market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in ammonium sulphate production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the ammonium sulphate price trend.

Latest developments in the ammonium sulphate industry:

• In 7 March 2023, Enva started the construction of a new facility that will manufacture agricultural fertilizer pellets containing ammonium sulphate recovered by Enva from industrial liquid wastes.
• In 27 January 2023, Azersulfat LLC, a resident of the Sumgayit Chemical Industrial Park, planned to produce ammonium sulphate fertilizer.

Product Description

Ammonium sulphate, also known as sulphuric acid or diAmmonium salt, is a white, odorless solid that easily sinks and dissolves in water. It is produced by various processes, such as synthetic manufacture from pure ammonia and concentrated sulfuric acid, as a coke oven by-product, and from ammonia scrubbing of tail gas at sulfuric acid plants. It has a salty taste, no smell, and does not dissolve in acetone.

Moreover, ammonium sulphate is used as a flame-retardant chemical due to its ability to increase the combustion temperature of the material, decrease maximum weight loss rates, and cause an increase in the production of residue or char. In addition, it is also utilized as a wood preservative on account of its hygroscopic nature.

Regional Coverage

The report provides a detailed analysis of the ammonium sulphate market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the ammonium sulphate price trend.

Global Ammonium Sulphate Price

The report offers a holistic view of the global ammonium sulphate pricing trends in the form of ammonium sulphate price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of ammonium sulphate but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes. 

The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed ammonium sulphate demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Ammonium Sulphate Price

Ammonium sulphate in the European region displayed mixed sentiments. In July 2023, the product prices in the German market declined due to the pressure of low-cost feedstock ammonia and lowered demand from the domestic fertilizer sector. Further, energy prices hit a low point for the year in the European region. On the other hand, as the winter season approached, both domestic and international buyers aimed to procure fertilizers.

This analysis can be extended to include detailed ammonium sulphate price information for a comprehensive list of countries.

North America Ammonium Sulphate Price

In North America, the ammonium sulphate market witnessed mixed sentiments. Prices took a dip in July owing to the struggling performance of the downstream fertilizer sector. Prolonged drought conditions in the region further reduced the demand within this sector. Reduced exports of ammonium sulphate from the USA to other countries were caused by low water levels in the Panama Canal.

Specific ammonium sulphate historical data within the United States and Canada can also be provided.

Middle East and Africa Ammonium Sulphate Price

The report explores the ammonium sulphate pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on ammonium sulphate prices for countries can also be provided.

Asia Pacific Ammonium Sulphate Price

The ammonium sulphate pricing in the Asia Pacific region experienced a shortage of spot availability as producers prioritized fulfilling supply contracts. Some parts in China observed lower-than-expected supply owing to reduced production activity of compound fertilizer plants in the Shandong region. These factors widened the gap between demand and supply, driving the current price hike. Furthermore, data from the National Bureau of Labor and Statistics showed a stable new order and a sharp increase in the production price index.

This ammonium sulphate price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Ammonium Sulphate Price

The analysis of ammonium sulphate prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of ammonium sulphate pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting ammonium sulphate price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The ammonium sulphate price charts ensure our clients remain at the forefront of the industry.