Aluminium Nitrate Price Trend and Forecast

Aluminium Nitrate Regional Price Overview

Get the latest insights on price movement and trend analysis of Aluminium Nitrate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Aluminium Nitrate Price Trend for the First Half of 2023

Aluminium Nitrate prices varied with the variations in its feedstock aluminium trichloride and nitric acid price trend. Since Aluminium Nitrate is used as a powerful oxidizing agent in the chemical industries, the consumption behavior also influences the Aluminium Nitrate market trend.
 

Aluminium Nitrate Price Chart

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After the long COVID-19 lockdown in China, the industries were still struggling to open up. The pace of recovery was very slow, and the Russian invasion of Ukraine further complicated the offshore trade situation. With curtailed supply chains and heightened inflation, global demands also reduced for the major exporting nation. These factors continued well into the discussed period. Since inventories were heavily glutted and demands were subdued, the price trend for Aluminium Nitrate were unsatisfactory throughout the said period.

Analyst Insight

According to Procurement Resource, the Aluminium Nitrate market is likely to strive for stabilization in the coming months, so the price trend will likely fluctuate.

Procurement Resource provides latest prices of Aluminium 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.