Antwerp (Belgium): Calcium Nitrate prices escalated in Europe in March xxxx as restocking demand strengthened with relaxed supply chains, improved production, and higher temperatures compared to the previous two months. This contrasts with Urea volumes and prices, as demand for Ammonia fell primarily due to new capacity additions in India and China. The trend is expected to continue throughout the second quarter before summer sowing begins in major economies. High rainfall and warmer climates contributed to stronger demand for Calcium Nitrate.
In European markets, prices of Calcium Nitrate turned bullish primarily as the Norwegian winter situation eased, and production of raw materials improved by early March xxxx as temperatures rose higher than in February. Raw material supply and stocking up in the upstream market improved, with calcium carbonate prices increasing by xx monthly.
The cost transfer was immediately pushed down the Calcium Nitrate value chain...
