Get the latest insights on price movement and trend analysis of Calcium Ammonium Nitrate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the First Half of 2022
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 trends of calcium ammonium nitrate (CAN ) were in line with the oscillating price trends of its feedstock.
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.
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.
Procurement Resource provides latest prices of Calcium Ammonium Nitrate. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Calcium Ammonium Nitrate or CAN is a commonly used granular inorganic fertilizer. It is hygroscopic, and its dissolution in water is highly endothermic. Calcium Ammonium Nitrate (CAN) can be applied universally and is suitable for all crops, seasons, soils, and locations. The main components, nitrate and ammonium, are present in an ideal ratio facilitating healthy plant growth in agriculture and horticulture.
|Product Name||Calcium Ammonium Nitrate|
|Industrial Uses||Fertilizers, Oil and Gas Industry (for re-greening of oil wells), Cooling Packs, Chemical Intermediates|
|Synonyms||CAN, Nitro-limestone, Nitrochalk|
|Molecular Weight||244.1319 g/mol|
|Supplier Database||Eurochem Agro, Bunn Fertilizer, Seidler Chemical Co, Blue Line Corp, Calamco, Del Amo Chemical Co|
|Region/Countries Covered||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Ammonium Nitrate is produced by reacting calcium nitrate solution with ammonia and carbon dioxide in the reactor. Then 75% molten solution of ammonium nitrate is treated with 25% of calcium carbonate to get the desired calcium ammonium nitrate.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e., government agencies, external trade bodies, and industry publications).
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