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August 2024: Calcium Nitrate Price Rises in North America and Europe, Persisting Bullish Outlook

August 2024: Calcium Nitrate Price Rises in North America and Europe, Persisting Bullish Outlook

Rene Swann 05-Sep-2024

European Calcium Nitrate price assessment for August showed upward price movement in August, the latest assessment undertaken by 果酱视频 revealed. The price movement was driven by robust demand from Calcium Ammonium Nitrate (fertilizer grade) and tightening of export market observed in a major market, Spain. CFR Bilbao Calcium Nitrate assessed this week hit USD xxx/MT, a surge of x.xx over July prices. The North American market, especially CFR New York bound deliveries from Norway also surged and reached USD xxx/MT as European market tightened. The situation in the production side remained lackluster for price recovery as raw materials cost continue to decline driven by downturns and lower energy cost. A bullish trend has been forecasted for Calcium Nitrate for September as the active trading session and planting season across Southern European markets is likely to begin.

In August, the prices of European...

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