Calcium Nitrate prices continue to trend downward in July, as assessed by ChemAnalyst. The prices dropped xx in June while the incoming quotations for July continue to show similar trend however the drop eased to x-xx this month. The drop in Calcium Nitrate prices have been attested to high input electricity and feedstock cost. However, the deflationary trend since xxxx has led to easing of prices, though not at the required pace. Calcium Nitrate is a major component of fertilizer marketed as Calcium Ammonium Nitrate for farmers throughout the globe. Yara and ATOME, both Europe based organization has inked the pact for development and sale of Calcium Ammonium Nitrate with the site located in Paraguay, Latin America. This has led to bullish sentiment as Calcium Nitrate suppliers for Americas expect stronger domestic supply and de-coupling of the American fertilizer industry from Europe bound deliveries.
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