Ammonium Perchlorate Price Trend and Forecast

Ammonium Perchlorate Regional Price Overview

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

Ammonium Perchlorate Price Trend for the Q3 of 2024

Asia

In Q3'24, the prices of Ammonium Perchlorate witnessed mixed trends in the Asian markets. According to the Ammonium Perchlorate price database, the commodity resembled the price trajectory of upstream ammonia and perchloric acid markets in the Chinese region.
 

Ammonium Perchlorate Price Graph

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In the first two months of the quarter, the prices showed a slight decline in the prices as the feedstock market fell. The primary reason was the port congestion, which led to inventory buildups and oversupply in the markets. However, in the last month, the prices stabilized as the production capacities were strained by severe weather challenges such as heavy rains and typhoons, leading to a balance between supply and demand.

Europe

The prices of Ammonium Perchlorate displayed an oscillating trend in the European market during the third quarter of 2024. The Ammonium Perchlorate price graph traced a wavering price curve mainly influenced the prices of feedstocks in the region. The region was in recovery mode from the severe supply disruptions faced in previous quarters, which had kept the prices of major commodities on the higher end. Along with this, the various restrictions imposed on Russia and Belarus had limited the availability of feedstocks. However, the market faced a reduction in consumer buying activities, and this cautious approach kept the prices fluctuating amid the rising feedstock costs.

North America

In the North American markets, the Ammonium Perchlorate price chart mirrored the movements of the Asian markets. The prices of the Ammonium Perchlorate were driven by the boost in the aerospace sector in the region. Ammonium Perchlorate is used as an oxidizer in solid rocket propellants, which reacts with the fuel to produce a chemical reaction that generates high-pressure gases, resulting in thrust that pushes space vehicles such as missiles, rockets, and spacecraft against gravity. However, the prices of Ammonium Perchlorate witnessed a fluctuating trajectory depending on other driving factors, such as logistical challenges and limited availability of raw materials, especially ammonia.

Analyst Insight

According to Procurement Resource, the prices of Ammonium Perchlorate are expected to show a similar trend in the near future, influenced by the fluctuating prices of feedstock material; however, rising demand from the space sector will continue to support the demand for the commodity.

Procurement Resource provides latest prices of Ammonium Perchlorate. 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.