Asia
In the first half of 2025, ammonium nitrite prices in Asia saw a mild upward movement. This was mainly driven by increased agricultural activity, especially during the planting seasons for rice and cotton.
Even though the costs of raw materials like ammonia and nitric acid fell, strong seasonal demand helped support prices. Buying activity picked up after the Lunar New Year holidays as logistics improved and regional supplies became more accessible. While cost indicators showed some weakness, steady demand from the farming sector helped maintain a firm market tone.
Europe
The European market experienced considerable instability during H1’25. Prices spiked at times due to supply disruptions, particularly following a Ukrainian drone strike on a major Russian production facility. Ongoing sanctions against Russian exports further reduced the availability of key fertilizers in the region.
On top of this, high energy and environmental compliance costs forced some European producers to cut or stop production, tightening local supply. Despite the drop in raw material costs, supply shortages and uncertainty kept the market firm and sentiment cautious.
North America
In North America, the ammonium nitrite market remained mostly stable throughout the first half of the year. The region benefitted from strong domestic production and steady supply conditions. The U.S. maintained consistent usage patterns for nitrogen-based fertilizers, with only minor interruptions in production. Imports helped fill any short-term gaps when needed, keeping the market balanced. There were no significant demand surges or supply issues, which allowed prices to stay soft and predictable during this period.
Analyst Insight
According to Procurement Resource, Ammonium Nitrite prices are likely to remain unstable worldwide due to uncertain demand, potential oversupply, and ongoing geopolitical tensions that may affect production and trade flows.