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The North American Hydrogen market showcased mixed sentiments in during Q3 2021. Uncertainty in the domestic market continued to weigh over the demand fundamentals, causing severe price fluctuations across the US region. As natural gas futures continued to stay bullish, producers seemed compelled to plan out operational cuts. Green hydrogen price remained firm in the third quarter mirroring the previous quarter. The prices of grey and brown hydrogen also witnessed a spike on the back of volatility in the natural gas as well as tightness in the coal market in Q3 2021.
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Potassium Chloride Price Trend and Forecast Offers for Potassium Chloride pricewitnessed an upward trajectory in the third quarter of 2021 mostly throughout the North American region. The occurrence of Hurricane Ida in the US Gulf coast led to shutdowns of several manufacturing plants which resulted in a tight supply. Prices rose significantly during Q3 on the back of the strong demand from the downstream fertilizer and high production cost. Consumers feared that higher fertilizer prices will translate into higher cost of production of corn and soybeans. https://www.chemanalyst.com/Pricing-data/potassium-chloride-1161
Urea Pricing Trend and Forecast In the North American region, the overall fertilizers market showcased mixed sentiments in the 3rd quarter of 2021. Q3 observed bearish sentiments for Urea Pricing in the US, where, in the first half of the quarter fertilizer industry observed a slump in consumption numbers after the spring season. Prices were assessed in late August at USD 424-450 per MT on FOB basis. However, as Q3 moved towards its conclusion, the Urea market gained strength as feedstock Ammonia started its uptrend due to surging Natural gas price which resulted in a substantial rise in Urea prices towards the end of the quarter. https://www.chemanalyst.com/Pricing-data/urea-1190
Hydrogen Price Trend and Forecast As natural gas futures continued to stay bullish, producers seemed compelled to plan out operational cuts. Green hydrogen price remained firm in the third quarter mirroring the previous quarter. As natural gas futures continued to stay bullish, producers seemed compelled to plan out operational cuts. Green hydrogen prices remained firm in the third quarter mirroring the previous quarter.
High Density Polyethylene (HDPE) Price Trend and Forecast The overall domestic market outlook of High Density Polyethylene (HDPE) Price strengthened in the North American region during the third quarter of 2021. The upward trajectory in spot export prices seemed to have continued in the 3rd quarter with supply side constraints unresolved. There was a sudden surge in the HDPE contracts for the last week of August as Hurricane Ida caused force majeures among the Texas manufacturers. Spot prices of HDPE Injection molding and Blow molding Grade stood at 1795 USD/MT FOB Texas and 1890 USD/ MT FOB Texas respectively during the month of September. https://www.chemanalyst.com/Pricing-data/hdpe-7