Calcium Ammonium Nitrate Price Trend Analysis 2026: Latest News, Market Insights, Price Drivers, Supply Demand Analysis & Historical Prices

Asia

The market behavior of the Asian calcium ammonium nitrate industries was very convoluted during the last two quarters of 2023. The price trend behaved differently in both the third and the fourth quarters. Q3 began on a lighter note as the inventories were already stacked, and the calcium ammonium nitrate consumption was very lackluster from both domestic and international consumers.

So, despite a hike in the energy and oil prices during this time, the calcium ammonium nitrate prices wavered at the lower end in the Asian market; however, as the fourth quarter began, the production supplies with a higher manufacturing cost started entering the market circulation. Since the rise in energy prices had elevated the upstream rates for calcium ammonium nitrate, and the demands showed some improvement, the prices showed some improvement in the following quarter.

Europe

The European calcium ammonium nitrate markets witnessed the prices tottering at the lower levels for the majority of the said period. The said behavior was primarily influenced by the sluggishness of the feedstock industry. The fertilizer and oil industries also didn’t provide much substantial downstream support. So, with some occasional upticks, the calcium ammonium nitrate prices mostly wavered at the lower end of the curve in the European markets during H2’23.

North America

Contrary to global trends the calcium ammonium nitrate price trend behaved in a slightly better way in the American markets. The prices here were also observed to be following the feedstock costs in the region. However, after a long economic turmoil during the first half of the year, the industries in America finally started to normalize again, which prompted the industrial demands for calcium ammonium nitrate. Some temporary and short-lived dips in the price trend were there, but largely, the market sentiments remained positive for most period.

Asia

Calcium Ammonium Nitrate observed mixed price trend in the first half of the year 2023. Prices were majorly influenced by the feedstock (Limestone and Ammonium Nitrate) costs and the demands from downstream fertilizer and chemical industries. In the Asian market, Calcium Ammonium Nitrate prices had a strong start in January 2023 as the industries started reopening in China after the Covid-19 lockdown was lifted.

Fresh demands gave the Calcium Ammonium Nitrate market some respite, so the prices remained on an inclining trajectory for most of the first quarter. But as the inventories started filling up with excess supplies and the demands didn’t pick up in the same manner, the prices again turned south and continued to decline for the rest of the said time period.

Europe

In the European region, the price trend for Calcium Ammonium Nitrate struggled throughout the first half of 2023. Given the high inflation, the upstream and production costs rose to unsustainable levels, and even when the prices started normalizing, the downstream markets could not improve. Cheap Asian imports also flooded the market amidst feeble demands. So, the market almost witnessed demand destruction. Overall, the Calcium Ammonium Nitrate prices remained tottering on the lower curve for most of the discussed time period.

North America

The North American Calcium Ammonium Nitrate market almost replicated the European Calcium Ammonium Nitrate market for H1 2023. Market sentiments were driven by dull demands as the upstream availability was ample because of high inventory levels and the availability of cheap imports. Still, the market exchanges remained very limited, catering to bearish market sentiments.

Asia

The Asian Calcium Ammonium Nitrate market started H2 2022, with a downhill trend, after a robust high in H1’22. The reasons were lowered market demands and a fall in feedstock Ammonium Nitrate and limestone prices. As the raw material was available at lower costs the upstream production costs for Calcium Ammonium Nitrate got cut, and the feeble consumer demand didn’t support a price rise either. However, the price pattern became uncertain in later H2 2022 as CAN prices started wavering with various factors, mainly production costs, supply, and demand.

Europe

Europe is still reeling under high-rising inflation and supply curtailment because of the ongoing Russia – Ukraine conflict. The CAN prices soared in initial H2 2022 owing to supply disruptions. However, as China eased its lockdown restrictions cheap imports were available in the European market. The supply chains got functional again and the price trend for Calcium Ammonium Nitrate started normalizing again as the production costs started coming under control.

North America

In the North American market, the price trend for Calcium Ammonium Nitrate maintained an almost stagnant steady run. The supply constraints and feedstock constraints existed, but the demands from other international markets maintained the momentum. But as global situation especially in the Asian and European region eased, international demand subsided pushing the pushing the Calcium Ammonium Nitrate prices in later H2 2022.

Asia

The fertilizer prices exploded globally owing to the Russian invasion of Ukraine. With Russia and Belarus being the significant exporters of fertilizers, retaliatory sanctions against them surged the fertilizers prices worldwide. The prices of feedstock ammonium nitrate surged in the Chinese domestic market, averaging 850 USD/MT  FOB Qingdao during the first quarter. However, the prices started strong during the second quarter but declined towards the end of June 2022.

This decline was due to the weak market sentiment owing to the cautious buying activities of buyers amid the growing speculation of a global recession. The prices of feedstock ammonium nitrate averaged 790 USD/MT in the second quarter. The price trend of calcium ammonium nitrate (CAN ) were in line with the oscillating price trend of its feedstock.

Europe

The prices of feedstock ammonium nitrate and calcium nitrate surged throughout the European market during the first half of the said year. With the soaring crude oil and natural gas prices, Yara ( one of the major fertilizer producers) temporarily cut nitrogen production in its plants in Italy and France, with both the plants churning out fertilizers at 45% capacity.

Also, Tukey, which majorly exports CAN to the UK, suspended its exports, thereby causing massive volatility in the market. The sanctions against exports from Russia and Ukraine worsened the already tight supplies. Hence, the prices of feedstock ammonium nitrate soared, averaging 964-972 USD/MT.

North America

In line with its European counterpart, CAN prices surged in the US domestic market during the first half of the said year. The inflated feedstock prices amid the heightened transportation cost and robust demand from the agricultural sector kept the CAN prices afloat in the market.