For the Quarter Ending December 2025
North America
• In North America, the Ammonium Chloride Price Index softened over Q4 2025, reflecting a gradual downward trend as demand from key sectors eased and inventories remained adequate.
• The Ammonium Chloride Spot Price in the U.S. and Canada remained under pressure through the quarter as sufficient supply and cautious restocking by downstream users reduced urgency on spot bids. Agricultural restocking slowed after the main planting seasons, and industrial procurement habits remained cautious, keeping pricing relatively subdued.
• The Ammonium Chloride Production Cost Trend stayed largely stable during Q4 2025 as upstream feedstocks such as ammonia and hydrochloric acid exhibited modest cost movements. Stable energy and raw material costs helped keep production expenses predictable, limiting sharp cost-push inflation in the market.
• The Ammonium Chloride Demand Outlook for the region showed modest momentum. Traditional uses in fertilizers continued to anchor baseline consumption, while demand from metal processing, batteries, pharmaceuticals, and textile processing supported moderate industrial offtake. However, overall volume growth was constrained by seasonal softness and inventory drawdowns.
• The Ammonium Chloride Price Forecast for early 2026 suggests continued range-bound to slightly soft pricing ahead, as comfortable supply and nuanced downstream demand will likely keep the Price Index from sharp gains. Competitive imports and inventory management by buyers may also limit price strength.
Why did the price of Ammonium Chloride change in December 2025 in North America?
• In December 2025, the Ammonium Chloride Price Index edged lower due to seasonally reduced agricultural activity and inventory buildup, diminishing the need for aggressive procurement.
• Sufficient production and steady input costs reduced upward pressure, while downstream sectors deferred bulk buying ahead of year-end budgets.
APAC
• In Japan, the Ammonium Chloride Price Index rose by 21.36% quarter-over-quarter, driven by costly imports.
• The average Ammonium Chloride price for the quarter was approximately USD 83.33/MT, reflecting import pressures.
• Ammonium Chloride Spot Price remained firm; constrained Chinese exports limited inflows, supporting the Price Index.
• Ammonium Chloride Price Forecast indicates slight upside near term as buyers pre-stock before holiday disruptions.
• Ammonium Chloride Production Cost Trend rose on feedstock ammonia and hydrochloric acid increases among exporters.
• Ammonium Chloride Demand Outlook remains firm given seasonal agricultural stocking and steady specialty industrial offtake.
• Inventory levels improved in December; port operations eased, reducing logistic tightness and stabilizing Price Index.
• Export demand shifts and conservative Chinese selling constrained offers, supporting elevated Ammonium Chloride Price Index.
Why did the price of Ammonium Chloride change in December 2025 in APAC?
• Tight import supply from China and reduced export allocations tightened availability, pressuring landed costs upward.
• Rising feedstock costs, notably ammonia and hydrochloric acid, increased producers' cost base, supporting maintained offers.
• Earlier port delays and currency weakness amplified import expenses, sustaining seller pricing power in December.
Europe
• In Europe, the Ammonium Chloride Price Index showed a mild downward trend during Q4 2025, as softened downstream demand and comfortable inventory levels weighed on regional pricing.
• The Ammonium Chloride Spot Price faced pressure throughout the quarter as agricultural procurement slowed following the main growing seasons, and industrial uptake in metalwork and textile applications remained muted, leading buyers to defer large purchases.
• The Ammonium Chloride Production Cost Trend was relatively stable, with no significant spikes in feedstock ammonia or hydrochloric acid costs. Moderately soft energy prices and steady raw material supply helped producers maintain cost discipline, limiting upward pressure on spot offers.
• The Ammonium Chloride Demand Outlook for the region was tepid in Q4 2025. While traditional uses in fertilizers, metal processing, and food/pharmaceutical sectors provided baseline consumption, overall volumes were constrained by seasonal downturns and cautious buyer behaviour. Europe accounted for a significant share of global ammonium chloride consumption, led by countries such as Germany, France, and Italy.
• According to the Ammonium Chloride Price Forecast, near-term pricing in early 2026 is expected to remain range-bound to slightly soft, given ample inventories, generally subdued demand across key end-use sectors, and competitive import flows that temper price recovery potential.
Why did the price of Ammonium Chloride change in December 2025 in Europe?
• The Ammonium Chloride Price Index decreased in December 2025 largely due to seasonally weak fertilizer procurement and lower industrial activity, which dampened volume demand ahead of year-end.
• Comfortable inventory levels at distributors and producers reduced urgency for replenishment, encouraging softer spot prices.
• Stable production costs and logistics improvements also limited cost-linked price support, further contributing to the moderation in prices.
Quarter Ending September 2025
North America
• The Ammonium Chloride Price Index showed a marginal decline quarter-over-quarter in Q3, reflecting balanced supply and demand across key sectors.
• The Ammonium Chloride Price Forecast for Q4 2025 suggests a stable-to-soft trend, with limited upside due to cautious restocking and competitive imports from Asia.
• The Ammonium Chloride Production Cost Trend remained favorable, supported by low energy input costs and steady access to ammonia and hydrochloric acid feedstocks.
• Weekly movements in the Price Index were mostly neutral, with no major supply disruptions reported across U.S. and Canadian producers.
• Domestic consumption was supported by fall fertilizer applications, while industrial demand remained moderate amid a slow recovery in manufacturing activity.
Why did the price of Ammonium Chloride change in September 2025 in North America?
• Prices softened slightly due to inventory buildup and cautious procurement behavior, especially in industrial and textile segments.
• Stable feedstock costs and uninterrupted production maintained supply, limiting any upward price momentum.
• Buyers adopted a conservative approach, anticipating potential price corrections and relying on existing stock.
APAC
• In Japan, the Ammonium Chloride Price Index fell by 9.25% quarter-over-quarter in Q3 2025, reflecting cheaper Chinese exports.
• The average Ammonium Chloride price for the quarter was approximately USD 68.67/MT, CFR import basis.
• Ammonium Chloride Spot Price eased as freight reductions and increased Chinese export volumes pressured landed import values.
• Ammonium Chloride Price Forecast shows modest monthly adjustments influenced by freight, seasonal demand, and feedstock movements.
• Ammonium Chloride Production Cost Trend benefited from softer ammonia and hydrochloric acid earlier in the quarter.
• Ammonium Chloride Demand Outlook remains muted as fertilizer and feed sectors delayed purchases after peak seasonal activity.
• Ammonium Chloride Price Index volatility reflected alternating freight pressure and intermittent port congestion affecting arrival timings.
• Inventories and export demand dynamics pressured domestic offers while major suppliers maintained steady export-oriented operating rates.
Why did the price of Ammonium Chloride change in September 2025 in APAC?
• Chinese export volumes increased, reducing landed import costs despite occasional intra-Asia freight and port logistics rises.
• Post-planting seasonal weakness in fertilizer demand constrained purchases, reducing spot procurement and sustaining downward momentum.
• Earlier softening of ammonia and hydrochloric acid decreased production cost base, transmitting downward price pressure to domestic offers.
Europe
• The Ammonium Chloride Price Index declined slightly quarter-over-quarter in Q3, reflecting balanced supply and moderate demand across fertilizer, textile, and metalworking sectors.
• The Ammonium Chloride Price Forecast for Q4 2025 suggests a stable-to-soft trend, with limited upside due to cautious restocking and competitive pricing from Asian exporters.
• The Ammonium Chloride Production Cost Trend remained favorable, supported by stable ammonia and hydrochloric acid feedstock availability and moderate energy prices across Europe.
• Weekly movements in the Price Index were mostly neutral, with no major supply disruptions reported across key European producers.
• Domestic consumption was supported by fall fertilizer applications, while industrial demand remained moderate amid a slow recovery in manufacturing and textile sectors.
Why did the price of Ammonium Chloride change in September 2025 in Europe?
• Prices softened slightly due to inventory buildup and cautious procurement behavior, especially in industrial and textile segments.
• Stable feedstock costs and uninterrupted production maintained supply, limiting any upward price momentum.
• Buyers adopted a conservative approach, anticipating potential price corrections and relying on existing stock.
For the Quarter Ending June 2025
North America
• The Ammonium Chloride Spot Price in the U.S. stabilized during Q2 2025, following strong upward momentum in Q1. Prices began easing as seasonal demand cooled and supply-side disruptions diminished
• Extreme winter-related production cuts and logistical bottlenecks that had constrained supply during Q1 were gradually resolved—a shift that helped relax tight inventory conditions
• Upstream ammonia feedstock costs remained high but became less volatile, reducing the production-cost support that had kept prices elevated earlier
• Agricultural restocking activity softened after the spring planting season, especially in key crops such as rice and sorghum, lowering the urgency for bulk procurement
• Oversupply conditions emerged as domestic and international ammonia availability improved, placing additional downward pressure on price levels
Why does the price of Ammonium Chloride change in July 2025 in North America?
• The Ammonium Chloride Spot Price in the U.S. held steady in July 2025, with the Price Index reflecting continuation of conditions seen in June—neither stronger nor weaker on balance.
• Any lingering supply tightness from earlier winter disruptions largely eased, leading to a more balanced market, although feedstock pressures remained moderate.
• Industrial freight and ammonia availability had stabilized versus earlier logistic challenges, reducing volatility in supply costs and moderating pricing support.
• In July, agricultural demand remained muted; farmers and distributors adopted more measured procurement behavior following the spring planting season .
• Overall sentiment remained cautious, with the market awaiting clear signals from other key sectors such as pharmaceuticals and metal processing for a pickup in consumption
APAC
• The Ammonium Chloride Spot Price in Japan fell steadily through Q2 2025, with prices declining from 78 USD/MT in early April to 72 USD/MT by June, reflecting a sustained downward movement in the Price Index.
• Easing supply-demand imbalance and reduced Chinese export prices drove the bearish trend, further supported by subdued domestic procurement in Japan’s agricultural sector.
• Intra-Asia freight rates initially dipped, prompting traders to build inventories at low cost, though a late-month rebound in freight prices added mild pressure on import values.
• Dockworker strikes at Japanese ports disrupted logistics by mid-April, but the impact on pricing remained limited amid muted demand and sufficient inventories.
• Sustainability-driven shifts in Japanese agriculture away from conventional chemical fertilizers continued to weigh on demand, contributing to cautious market sentiment.
Why did the price of Ammonium Chloride change in July 2025 in Asia?
• In July 2025, the Ammonium Chloride Price Index in Japan stabilized after months of decline, as falling supply-side pressure was offset by modest logistical challenges and early signs of restocking activity.
• The Ammonium Chloride Production Cost Trend remained largely unchanged, with Chinese producers maintaining output levels amid low input costs and favorable operating conditions.
• The Ammonium Chloride Demand Outlook showed slight improvement due to limited restocking by distributors ahead of anticipated regulatory changes in Japan, though overall demand remained cautious.
• The Ammonium Chloride Price Forecast points to potential mild upside in Q3 if regulatory uncertainty triggers precautionary procurement or if supply chain bottlenecks persist.
Europe
• The Ammonium Chloride Spot Price in Europe showed mixed movement in Q2 2025, initially declining in April before stabilizing and trending modestly upwards by early June as demand recovery began.
• In early Q2, soft fertilizer and chemical demand, combined with robust local production, led to rising inventories and downward pressure on prices.
• Production rates increased, notably with BASF expanding capacity at Ludwigshafen—this greater output further eased tightness in supply.
• Weather uncertainties and weak early quarter sentiment kept demand cautious, though planting-season restocking in May–June prompted improvement in offtake activity.
• Feedstock related cost pressures from rising ammonia and natural gas prices supported a gradual price rebound in later months
Why does the price of Ammonium Chloride change in July 2025 in Europe?
• In July 2025, the Ammonium Chloride Price Index advanced, driven by incremental recovery in demand from seasonal agricultural restocking and industrial uptake.
• The Ammonium Chloride Production Cost Trend remained elevated due to high feedstock costs—especially ammonia and natural gas—putting a floor under seller pricing.
• The Ammonium Chloride Demand Outlook improved modestly, with buyers initiating replenishment orders after a cautious first half, especially in fertilizer-related segments.
• The Ammonium Chloride Price Forecast suggests further moderate upward potential throughout Q3, particularly if feedstock constraints persist or demand solidifies further.
For the Quarter Ending March 2025
North America
In Q1 2025, the Ammonium Chloride prices in the USA saw a steady upward trend, driven by tight supply and strong seasonal demand. Despite volatility in Ammonia feedstock costs, prices stayed elevated due to production cuts from extreme winter weather. Force majeure declarations by key producers like OCI Beaumont LLC and CF Industries, along with freight disruptions, limited domestic availability. Agricultural demand also picked up as farmers stockpiled ahead of spring planting, especially for crops such as rice and sorghum.
However, irregular weather patterns, including drought concerns and planting delays, led to cautious buying later in the quarter. On the global front, reduced output from Europe and China, coupled with speculation over potential fertilizer tariffs, added to the market’s uncertainty.
This combination of factors—weather-related supply constraints, logistical hurdles, and shifting agricultural sentiment—shaped a price environment marked by upward pressure and cautious optimism throughout the quarter. The overall market reflected a delicate balance between demand recovery and supply limitations.
APAC
The Asian Ammonium Chloride market witnessed notable volatility during the first quarter of 2025, marked by an initial price decline followed by a recovery and sustained upward trend in subsequent months. At the beginning of the quarter, market prices declined primarily due to improved supply dynamics. Several domestic producers across the region, particularly in China, resumed operations after scheduled maintenance shutdowns, which led to a gradual recovery in production capacities and higher operating rates. As a result, the overall availability of Ammonium Chloride in the market increased substantially. However, this surge in supply coincided with subdued demand from key downstream sectors, especially the fertilizer and chemical industries. The mismatch between rising supply and lagging demand led to inventory accumulation and exerted downward pressure on prices. Towards the latter part of the quarter, market sentiment shifted positively as domestic restocking activity gained momentum. Increased procurement ahead of the spring agricultural season, particularly in China, supported the recovery in demand and contributed to the rebound and stabilization of prices across the region.
Europe
The European Ammonium Chloride market exhibited a mixed pricing trend during the first quarter of 2025, shaped by varying supply-demand dynamics and cost pressures. Prices declined in January, primarily due to weak consumer demand across the region. End-users in the fertilizer and chemical sectors were hesitant to procure large volumes, leading to limited market activity and downward pressure on prices. However, as the quarter progressed, the market witnessed a gradual recovery. By February and March, demand picked up noticeably, supported by restocking efforts in preparation for the spring planting season. This seasonal uptick in agricultural activity significantly boosted domestic consumption. Concurrently, on the supply side, the cost of production rose due to a shortage and elevated prices of feedstock Ammonia, thereby exerting upward pressure on Ammonium Chloride prices. The combination of rising input costs and improving demand fundamentals supported a sustained price increase during the latter part of the quarter. Additionally, growing international demand—particularly from Latin American countries—further strengthened the European market, contributing to the observed price rally.
