For the Quarter Ending March 2026
Ammonium Carbonate Prices in North America
- In United States, the Ammonium Carbonate Price Index rose quarter-over-quarter in Q1 2026, driven by a 4.0% PPI increase.
- The Ammonium Carbonate Demand Outlook strengthened in March 2026, supported by a 4.0% rise in retail sales.
- The Ammonium Carbonate Production Cost Trend stabilized in March 2026 despite a 3.3% year-over-year CPI increase.
- The Ammonium Carbonate Price Forecast indicated upward pressure in Q1 2026 as global ammonia trade flows experienced volatility.
- The Manufacturing Index expanded in March 2026, while industrial production grew 0.7%, supporting steady Ammonium Carbonate consumption.
- A 4.3% unemployment rate and 91.8 consumer confidence in March 2026 maintained baseline Ammonium Carbonate demand.
- Demand for clean-label leavening agents strengthened in Q1 2026, even as food manufacturing materials indices declined.
- Natural gas feedstock inventories concluded the winter withdrawal season above historical averages in March 2026.
- Ammonia feedstock import availability tightened in March 2026 due to constrained cargo availability from supplying regions.
Why did the price of Ammonium Carbonate change in March 2026 in North America?
- Global ammonia production costs surged due to liquefied natural gas supply cuts in Q1 2026.
- Ammonia feedstock import availability tightened significantly from supplying regions across the market in March 2026.
- Northeast natural gas feedstock prices spiked sharply during a severe cold event in January 2026.
Ammonium Carbonate Prices in APAC
- In China, the Ammonium Carbonate Price Index rose quarter-over-quarter in Q1 2026, driven by elevated feedstock costs.
- The Ammonium Carbonate Production Cost Trend rose in March 2026 as producer prices increased 0.5 percent.
- The Ammonium Carbonate Demand Outlook stabilized in March 2026, supported by 1.0 percent consumer inflation.
- Industrial production grew 5.7 percent in March 2026, driving robust industrial-grade Ammonium Carbonate market consumption.
- The Manufacturing Index expanded in March 2026, increasing industrial demand for the Ammonium Carbonate Price Index.
- Retail sales grew 1.7 percent and unemployment reached 5.4 percent in March 2026, limiting demand.
- Consumer confidence hit 91.6 in February 2026, dampening Ammonium Carbonate consumption in processed food applications.
- Domestic coal feedstock markets strengthened in Q1 2026, elevating baseline production costs for ammonia synthesis.
- Food-grade Ammonium Carbonate demand strengthened in Q1 2026, driven by accelerated adoption in bakery manufacturing.
- The Ammonium Carbonate Price Forecast indicated an upward trajectory in Q1 2026 amid tightening inventories.
Why did the price of Ammonium Carbonate change in March 2026 in APAC?
- Elevated natural gas prices constrained precursor ammonia output in January 2026, driving up production costs.
- Russian rail coal exports to China plunged in Q1 2026, tightening essential chemical feedstock availability.
- Broader chemical feedstock inventories transitioned to tightening in Q1 2026 amid severe geopolitical supply disruptions.
Ammonium Carbonate Prices in Europe
- In Germany, the Ammonium Carbonate Price Index rose quarter-over-quarter in Q1 2026, driven by surging natural gas costs.
- The Ammonium Carbonate Production Cost Trend increased in March 2026 as natural gas prices spiked significantly.
- The Ammonium Carbonate Demand Outlook strengthened in Q1 2026 across the German bakery and organic food sectors.
- Consumer inflation rose 2.7% in March 2026, while producer prices declined slightly by -0.2% in March 2026.
- The Manufacturing Index expanded in March 2026, reflecting recovering industrial activity for ammonium carbonate applications.
- Industrial production remained stagnant at 0.0% in February 2026, reflecting flat baseline demand for manufacturing materials.
- Retail sales grew 0.7% and unemployment stabilized at 4.2% in February 2026, supporting steady consumer purchasing.
- The Ammonium Carbonate Price Forecast remained bullish in March 2026 despite deeply negative consumer confidence at -24.7.
Why did the price of Ammonium Carbonate change in March 2026 in Europe?
- Natural gas feedstock costs surged across Germany in March 2026 following the Strait of Hormuz closure.
- Regional ammonia supply tightened significantly in Q1 2026 due to seasonal plant maintenance and reduced operating rates.
- Demand for food-grade ammonium carbonate strengthened across the German bakery manufacturing sectors during Q1 2026.
For the Quarter Ending December 2025
Ammonium Carbonate Prices in North America
- In the United States, the Ammonium Carbonate Price Index rose quarter-over-quarter in Q4 2025, driven by increasing production costs.
- Production costs for Ammonium Carbonate increased during Q4 2025, influenced by upward pressure on natural gas feedstock prices.
- The Producer Price Index (PPI) for November 2025 increased by 3.0% year-over-year, indicating rising input costs for chemical producers.
- The Consumer Price Index (CPI) rose 2.7% year-over-year in December 2025, contributing to overall operational cost increases.
- Industrial Production in December 2025 rose 2.0% year-over-year, significantly boosting Ammonium Carbonate demand in industrial applications.
- Retail sales in November 2025 increased 3.3% year-over-year, indirectly supporting Ammonium Carbonate demand in consumer-facing sectors.
- Ammonia market faced persistent supply limitations in Q4 2025 due to a major global supplier outage, impacting feedstock availability.
- The Ammonium Carbonate Price Forecast suggests continued upward pressure, reflecting sustained feedstock costs and robust industrial demand.
Why did the price of Ammonium Carbonate change in December 2025 in North America?
- Natural gas feedstock costs, crucial for ammonia production, experienced upward pressure in December 2025.
- The Producer Price Index (PPI) rose 3.0% year-over-year in November 2025, reflecting higher input costs for producers.
- Ammonia supply constraints in Q4 2025, due to a major global outage, supported higher conventional ammonia prices.
Ammonium Carbonate Prices in APAC
- In China, the Ammonium Carbonate Price Index declined quarter-over-quarter in Q4 2025, driven by weakened ammonia feedstock costs.
- Production costs decreased as ammonia prices weakened significantly by December 2025, supported by a 1.9% PPI decline.
- Industrial demand expanded in December 2025, supported by a 5.2% year-on-year rise in industrial production.
- Consumer demand remained soft in December 2025, with retail sales growing only 0.9% year-on-year.
- Ammonia inventory levels increased in China by the end of December 2025, contributing to ample supply.
- The Manufacturing Index expanded in December 2025, indicating growth in the broader manufacturing sector.
- China's CPI rose by 0.8% year-on-year in December 2025, reflecting subdued consumer demand.
- The Ammonium Carbonate price forecast suggests continued pressure from feedstock supply and mixed demand signals.
Why did the price of Ammonium Carbonate change in December 2025 in APAC?
- Ammonia prices weakened significantly by December 2025, reducing a key production cost for Ammonium Carbonate.
- Weak consumer demand, evidenced by 0.8% CPI and 0.9% retail sales growth in December 2025, dampened market sentiment.
- Increased ammonia inventory levels in China by December 2025 contributed to a more abundant supply environment.
Ammonium Carbonate Prices in Europe
- In Germany, the Ammonium Carbonate Price Index fell in Q4 2025, due to weak demand and increased import competition in October 2025.
- Production costs faced upward pressure from increased CO2 pricing in 2025 and high raw material costs in October 2025.
- European natural gas prices (TTF) declined by year-end 2025, easing energy cost burdens for producers.
- Ammonium Carbonate demand outlook was bearish as the Manufacturing Index showed a contracting trend in December 2025.
- Despite 0.8% industrial production growth in October 2025, consumer confidence remained pessimistic at -17.5 in December 2025.
- Increased competitive pressure from abroad intensified for German chemicals in October 2025, contributing to downward price trends.
- The 1.8% CPI year-on-year increase in December 2025 raised operational costs for manufacturers.
- The -2.5% PPI year-on-year change in December 2025 suggested producer-level deflation, reflecting weak demand.
Why did the price of Ammonium Carbonate change in December 2025 in Europe?
- Weak demand in December 2025, with a contracting Manufacturing Index and consumer confidence at -17.5.
- Increased foreign competition in October 2025 intensified downward price pressure for German chemicals.
- A -2.5% PPI year-on-year change in December 2025 indicated producer-level deflation, reflecting weak demand.
For the Quarter Ending September 2025
Ammonium Carbonate Prices in North America
- In United States, the Ammonium Carbonate Price Index rose in Q3 2025, driven by increasing production costs.
- Ammonia prices in the USA rose in Q3 2025, increasing production costs due to tightening supply.
- US industrial production in September 2025 inched up 0.1% year-over-year, indicating weak industrial demand.
- General inflation, with CPI up 3.0% in September 2025 and PPI up 2.6% in August 2025, increased input costs.
- Demand for processed foods and pharmaceuticals strengthened in Q3 2025, supporting specific end-use sectors.
- Retail sales increased 5.42% year-over-year in September 2025, indicating healthy consumer demand.
- Consumer sentiment softened in September 2025, with confidence declining to 94.2 and unemployment at 4.3%.
- Natural gas prices in the US rose year-over-year in Q3 2025, affecting energy feedstock costs.
- Chemical manufacturers continued destocking raw materials and finished goods during Q3 2025.
Why did the price of Ammonium Carbonate change in September 2025 in North America?
- Ammonia prices in the USA rose in Q3 2025, increasing Ammonium Carbonate production costs.
- General inflation, with CPI up 3.0% in September 2025, increased overall operational expenses.
- Industrial production in September 2025 only rose 0.1% year-over-year, tempering industrial demand.
Ammonium Carbonate Prices in APAC
- China's Ammonium Carbonate Price Index fell in Q3 2025, driven by weak industrial demand and deflationary pressures.
- Production costs showed mixed trends in Q3 2025, with weakening coal prices and elevated Asian spot natural gas prices.
- Demand faced headwinds from a contracting Manufacturing Index in September 2025, despite 6.5% industrial production growth.
- Retail sales grew 3.0% in September 2025, supporting consumer demand, though consumer confidence remained cautious.
- A stable 5.2% unemployment rate in September 2025 bolstered consumer income, supporting overall Ammonium Carbonate demand.
- Regional ammonia supply tightened in Q3 2025 due to environmental regulations, impacting a key Ammonium Carbonate feedstock.
- Raw material inventories tightened in Q3 2025, while overall chemical exports showed robust growth.
- The broader chemical industry grappled with overcapacity in Q3 2025, contributing to a challenging market outlook.
Why did the price of Ammonium Carbonate change in September 2025 in APAC?
- Producer prices fell 2.3% year-on-year in September 2025, reflecting weak industrial demand and pricing.
- Consumer Price Index declined 0.3% year-on-year in September 2025, indicating deflationary pressures and cautious spending.
- The Manufacturing Index contracted in September 2025, signaling reduced new orders and industrial slowdown.
Ammonium Carbonate Prices in Europe
- In Germany, the Ammonium Carbonate Price Index rose quarter-over-quarter in Q3 2025, driven by elevated natural gas feedstock costs.
- Ammonium Carbonate production costs increased during Q3 2025, influenced by high energy costs burdening the German chemical industry.
- Demand for Ammonium Carbonate remained subdued in Q3 2025 as overall manufacturing activity contracted.
- The Manufacturing Index trended contracting in September 2025, indicating reduced industrial demand.
- Industrial Production declined by 1.0% year-on-year in September 2025, negatively impacting demand.
- Consumer Price Index (CPI) rose by 2.4% year-on-year in September 2025, signaling increased operational costs.
- Producer Price Index (PPI) declined by 1.7% year-on-year in September 2025, suggesting some deflationary pressure.
- Unemployment remained low at 3.9% in September 2025, supporting stable labor costs and consumer income.
- Subdued consumer confidence (-23.6 index) in September 2025, however, tempered overall consumer spending.
Why did the price of Ammonium Carbonate change in September 2025 in Europe?
- Elevated natural gas costs in Q3 2025 significantly increased production expenses, despite a -1.7% PPI decline.
- Constrained regional ammonia supply during Q3 2025 contributed to higher input costs for Ammonium Carbonate.
- Despite contracting manufacturing, 0.8% retail sales growth offered slight demand support, yet costs drove prices.
For the Quarter Ending December 2022
North America
The price of Ammonium Carbonate in the US market continued to fall during the fourth quarter due to the sharp decline in raw material costs, which also had a significant impact on the price of Ammonium Carbonate in the US market.
According to the statistics, feedstock natural gas prices fell by around 15% in November 2022, and this trend continued into December. Manufacturers were able to offer discounts to entice offtakes from downstream niche consumers because of the fall in feedstock costs, which had an impact on pricing patterns in important importing countries like India and the USA. Although there was still a labor deficit in the US market, the operating rate remained positive. In addition, the price of Ammonium Carbonate was falling as a result of unfavorable trade fundamentals and weak demand.
APAC
The APAC region's outlook for Ammonium Carbonate pricing in Q4 2022 remained bleak, with a large volume of material coming to India in Q4, making supply abundant. The supplies remained sufficient, and inventories were full to meet the domestic demand. Fertilizer consumption was expected to increase significantly during India's rabi season in October, but it did not materialize. The zero covid regulation also placed limitations on the Chinese market. Lockdown restrictions maintained the market's sentiment gloomy, silent, and negative. Additionally, freight rates remained on the lower side, and container availability was sufficient, which kept logistics smooth.
Europe
In Q4 2022, there were conflicting opinions on the pricing trend of European Ammonium Carbonate prices since natural gas prices remained very high and production shifted to accommodate the volatility. Additionally, conflicting opinions on freight costs and the limited quantity of containers had left the supply chain in shambles. Given the abundance of spot cargoes accessible to dealers and end users, the gloomy emotion is the predominant attitude, albeit many players are still unwilling to disclose prices or price objectives. The fourth quarter's fluctuating demand was reflected in how the downstream fertilizer market reacted. Russia increased the import quotas for all nitrogen fertilizers in November, which helped to boost the domestic supply.
