Ammonium sulfate price May 2023 and forecast (see chart below)
- USA:US$0.31/KG, -11.4% down
- Europe:US$0.43/KG, -2.3% down
- Africa:US$0.19/KG, -5% down
- China:US$0.19/KG, -5% down
- LATAM:US$0.27/KG, 3.8% up
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Ammonium sulfate price index
This post is a summary of the ammonium sulfate price developments. The price developments of ammonium sulfate are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Ammonium sulfate price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The outlook for ammonium sulfate prices, on the second tab, is generated from different inputs including:
- Very recent price developments of immediate cost drivers of ammonium sulfate prices
- Recent price developments of underlying feedstocks which drive the price of ammonium sulfate
- Market futures for both cost drives and feedstocks of ammonium sulfate prices
- Adjustment of current supply/demand imbalances in the ammonium sulfate market
- Longer term trends in likely demand conditions
Further information on the Ammonium sulfate price index
What is ammonium sulfate
Ammonium sulfate is an inorganic compound that is composed of ammonia, sulfur, and oxygen atoms. It is a white, crystalline solid with a strong, sour smell. Ammonium sulfate is highly water-soluble and is often used as a fertilizer or a soil conditioner.
Ammonium sulfate is produced through the reaction of ammonia and sulfuric acid, which results in the formation of ammonium sulfate and water. The reaction is carried out at high temperatures and pressures, and the resulting product is then cooled and crystallized to produce the final product.
Ammonium sulfate is widely used as a fertilizer, as it provides plants with both nitrogen and sulfur, which are important nutrients for plant growth. It is also used as a soil conditioner, as it can improve the structure of soil and increase its ability to retain water. Ammonium sulfate is also used in the production of some pharmaceuticals and as a food additive. Overall, ammonium sulfate is an important chemical that is used in a variety of applications.
How is ammonium sulfate produced
Ammonium sulfate is produced through the reaction of ammonia and sulfuric acid, which results in the formation of ammonium sulfate and water. The specific process for producing ammonium sulfate involves the following steps:
Production of ammonia
Ammonia is produced through the reaction of nitrogen and hydrogen gas. Nitrogen is obtained from the air, while hydrogen is produced through the steam reforming of natural gas.
Production of sulfuric acid
Sulfuric acid is produced through the reaction of sulfur dioxide and oxygen with water.
Reaction of ammonia and sulfuric acid
The ammonia and sulfuric acid are then mixed and reacted to form ammonium sulfate and water. This reaction takes place at high temperatures and pressures.
Separation and purification
The ammonium sulfate is separated and purified through a series of steps, including filtration, crystallization, and drying.
Overall, the production of ammonium sulfate involves a series of chemical reactions and processes that convert raw materials into the final product. The specific process used depends on the availability of raw materials and the desired end product.
What is ammonium sulfate used for
Ammonium sulfate is a versatile chemical that is used in a variety of applications due to its unique properties. Some common uses of ammonium sulfate include:
Fertilizer
Ammonium sulfate is widely used as a fertilizer, as it provides plants with both nitrogen and sulfur, which are important nutrients for plant growth. It is commonly used on crops such as wheat, corn, and alfalfa.
Soil conditioner
Ammonium sulfate is used as a soil conditioner, as it can improve the structure of soil and increase its ability to retain water.
Production of pharmaceuticals
Ammonium sulfate is used in the production of some pharmaceuticals.
Food additive
Ammonium sulfate is used as a food additive to improve the texture and appearance of some products.
Overall, ammonium sulfate has a wide range of uses due to its ability to provide plants with important nutrients and its ability to improve the structure of soil. It is an important chemical that is used in a variety of applications.
How big is the ammonium sulfate market
It is difficult to estimate the size of the global ammonium sulfate market as a whole, as it is used in a variety of industries and applications. However, ammonium sulfate is an important chemical and is widely used in the production of a variety of products. According to some estimates, the global ammonium sulfate market was valued at around $5.5 billion in 2019 and is expected to grow at a compound annual growth rate of around 3.5% from 2020 to 2025. The growth of the ammonium sulfate market is driven by factors such as increasing demand for ammonium sulfate as a fertilizer, as well as growing demand for ammonium sulfate in the production of pharmaceuticals and as a food additive.
According to https://oec.world/ :
Ammonium sulphate, in packs >10 kg are the world’s 1225th most traded product.
In 2020, the top exporters of Ammonium sulphate, in packs >10 kg were China ($1.07B), Belgium ($171M), Canada ($110M), United States ($105M), and Netherlands ($102M).
In 2020, the top importers of Ammonium sulphate, in packs >10 kg were Brazil ($416M), United States ($174M), Indonesia ($125M), Vietnam ($121M), and Burma ($73.4M).
Further reading
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Notes on the price-data
- We aim to update the data series on the 9th and 24th of each month (but we do not always make it for each chart)
- The data for the current month and recent history are fine-tuned over time.
- We are continually improving our data collection and processing methods
- Pricing data will be updated from time to time as we improve the accuracy
- We will improve our price trend algorithm before December 31, 2023.
- There will be continuous fine-tuning of the trend and forecast algorithm until end of December 2023.
- As part of that process, we will add many additional indexes in the final quarter of 2023
- This the index trend of the price of the product group in general and not a single specification in particular
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- We combine public publications, import/export records, company announcements, and sources of ad-hoc public information.
- The chart shows the price trend, nearly always taken from many statistically-correlated sources
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