For the Quarter Ending September 2025
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.
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.
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.
For the Quarter Ending September 2022
North America
The Ammonium Carbonate price in the American market at the end of the third quarter of 2022 was around USD 365/MT Ammonium Carbonate Del Illinois. The cost of liquid carbon increased due to the sharp increase in downstream baker's Ammonia demand in the regional market. Significant beverage firms improved their production rates, raising demand for and utilizing Ammonium Carbonate in the North American market. During Q3 2022, an increasing trend in the price of Ammonium Carbonate was aided by high upstream Ammonia costs.
APAC
The cost of Ammonium Carbonate has been rapidly rising in most Asian nations throughout the third quarter of 2022. The increased demand for downstream beverages, as several large cities in Asia had one of the warmest quarters in some years, was the main factor pushing the price of ammonium carbonate. Ammonium Carbonate's price trend in Asian markets increased due to the product's demand in the food business. Due to the lockdown limitations, China's petrochemical industries were suspended, which decreased ammonium carbonate production and helped drive up prices in Q3 2022.
Europe
In the third quarter of 2022, Ammonium Carbonate prices continued to rise steadily on the European market. Several fertilizer factories in Europe halted operations due to high operating costs. The cost of producing Ammonium Carbonate was increased by high energy prices and a number of shut fertilizer manufacturing facilities. Additionally, the demand for ammonium carbonate from downstream sectors, including textiles, ceramics, and adhesives, remained high throughout the quarter. Due to rising upstream values for commodities like coal and natural gas, prices have been climbing worldwide for a while now.
For the Quarter Ending June 2022
North America
Due to high demand and constrained supply across North America, the price trend for ammonium carbonate accelerated in the second quarter of 2022. Because it is a natural gas derivative, the price of its feedstock, ammonia, has been rising steadily, which has decreased the price of ammonium carbonate and its byproducts. At the beginning of the quarter, the conflict in Eastern Europe also affected the supply chain for the entire global market, which included manufacturing plants that generated ammonia and ammonium carbonate. The growth of the ceramics and textile sectors led to a considerable increase in the demand for ammonium carbonate from downstream industries, contributing to North America's higher price trend.
APAC
Because the feedstock price, ammonia, a derivative of natural gas, increased significantly in Q2, the price of Ammonium Carbonate rose significantly in the Asian market. High demand from downstream sectors and decreased feedstock supply as a result of things like multiple plants stopping production for maintenance after port congestion. Prices for Ammonium Carbonate increased due to a rise in downstream demand. The downstream agricultural manufacturers are worried about a shortage of fertilizer supplies since total inventory levels in all significant sectors were significantly lower than historical levels. The average price of Ammonium Carbonate climbed this quarter once more, continuing the upward trend with the increase in Ammonia prices worldwide.
Europe
The improved market attitude toward basic raw materials has increased the demand for Ammonium Carbonate globally during Q2 2022. The dynamics of Ammonium Carbonate are supported by increasing demand from downstream industries like agriculture and building. International supply chains have been hampered by geopolitical tensions between Eastern European nations and European countries' reliance on Russian raw material exports. Ammonium Carbonate and its feedstock saw an acute shortage of supplies in the area as demand soared. Additionally, the demand for Ammonium Carbonate from downstream sectors, including textiles, ceramics, and adhesives, remained high throughout the quarter, and prices spiraled.
