For the Quarter Ending September 2023

North America:

During the third quarter of 2023, the price of Calcium Nitrate experienced significant fluctuations in the North American region. The average cost per metric ton in the United States rose from USD 500 in July to USD 600 in September. Several factors contributed to this increase, including heightened demand from the thriving construction industry. The construction sector in North America is witnessing a boom, resulting in an upswing in the need for Calcium Nitrate. Additionally, the escalating cost of energy in recent months has further driven up the price of Calcium Nitrate, given its energy-intensive production process.

Asia Pacific:

In the third quarter of 2023, the price of Calcium Nitrate witnessed a notable surge in the Asia Pacific region. The average price rose from USD 450 per metric ton in July to USD 500 per metric ton in September. This uptick was driven by heightened demand from the construction sector, which has experienced substantial growth in the region. Several supply disruptions, including plant closures and transportation delays, also contributed to the price increase. Furthermore, the significant depreciation of the Chinese yuan against the US dollar added to the cost for Chinese companies importing Calcium Nitrate, thus contributing to the overall price rise.

Get Real Time Prices of Calcium Nitrate: https://www.chemanalyst.com/Pricing-data/calcium-nitrate-1555

Europe:

The European region experienced significant price fluctuations in Calcium Nitrate during the third quarter of 2023. The average price per metric ton increased from USD 415 per MT (Euro 400 per MT) in July to USD 465 per MT (Euro 450 per MT) in September. This increase was attributed to an upswing in demand from the agricultural sector, particularly as farmers prepared for the winter planting season. Calcium Nitrate, being a popular fertilizer, saw increased demand. The price surge was influenced by strong demand from both the construction and agricultural sectors, coupled with supply disruptions and the weakening of the euro. Notably, the price reached its highest point in September due to sustained strong demand across sectors, supply disruptions, and the ongoing depreciation of the euro.







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