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Calcium Nitrate Prices in Europe Eases in May 2024, Set to Accelerate in June

Calcium Nitrate Prices in Europe Eases in May 2024, Set to Accelerate in June

Kim Chul Son 10-Jun-2024

In May xxxx, Calcium Nitrate prices eased partly due to lower demand caused by floods and partly due to a decline in ammonia and nitrogenous components in the upstream markets. However, demand for Calcium Nitrate in xxxx is anticipated to surpass xxxx levels due to successful negotiations between farmers and the governments of Belgium, the Netherlands, and Germany. Both the EU and national governments have committed to helping farmers procure fertilizers at affordable rates. High-cost inventory levels of Calcium Nitrate have decreased since May xxxx, contributing to ongoing price deflation in the medium term. Prices for June and July deliveries are expected to rise as demand increases and the nitrogenous upstream market recovers due to high gas costs in May.

果酱视频 reported that Calcium Nitrate prices in Europe for May xxxx were around USD xxx-xxx/MT CFR Carlos. Deliveries from Belgium, primary transshipments from Norway to Antwerp, saw...

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