During December xxxx, the Ammonium Chloride prices experienced a downward trajectory in the global market. This price dip in the global market is primarily attributed to surplus availability of material coupled with lackluster demand from the domestic fertilizer market.
In December xxxx, a downturn unfolded in the United States Ammonium Chloride market. The decrease in the price of essential upstream Natural Gas imposed downward cost pressure on domestic Ammonium Chloride prices. The demand for Ammonium Chloride remained subdued in the United States, aligning with the conclusion of the peak fertilizer season. Further, the international market experienced a period of low activity as producers prioritized contracted volumes over potential spot availability in January. Furthermore, the market faced challenges associated with surplus material availability, aggravated by persistent bottlenecks in the Panama Canal, a crucial global trading route originating from the USA. Additionally, some shippers are now avoiding...
