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Ammonium Sulphate Price witnessed steady growth during the first quarter of 2022, owing to rising gas prices, high demand from the United States, supply issues, and market disruptions in the United States. The downstream agriculture sector is concerned about lack of fertilizer supplies since total inventory levels in all major sectors are below historic levels, while consumption has remained robust. Farmers and other downstream end users were apprehensive about the country's fertilizer costs ahead of the upcoming spring season. Due to high upstream values such as Natural Gas and Coal, prices in the global market have been growing for an extended period.

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The overall price trend remained upwards as a repercussion of hiked prices of the key commodities throughout the quarter. Demand witnessed a hike later on with strong offtakes from the agrochemicals and fertilizers segment, whereas offtakes from the pharmaceuticals sector were stable. Seasonal surge in the Indian demand raised Magnesium Sulphate prices in March to USD 148 per tonne.

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Magnesium Sulphonate is being used as one of the most basic ingredients for many industries including agriculture, pharmaceutical, food, personal care and others. Magnesium Sulphonate serves different purposes in these industries and with these industries witnessing an upward trend, the market for magnesium sulphate is also expected to witness a significant growth over the long term forecast. Get free sample copy of the report at https://www.reportsnreports.com/contacts/requestsample.aspx?name=3236201

Notes: Sales, means the sales volume of Ammonium Sulphate Phosphate Revenue, means the sales value of Ammonium Sulphate Phosphate This report studies sales (consumption) of Ammonium Sulphate Phosphate in Global market, especially in United States, China, Europe and Japan, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering

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A leading fertilizer producer reported high Potash sales volumes due to continued strong demand in the North American and offshore markets. The sales however, faced headwinds from strengthening of thde Canadian dollar. US MOP price was assessed around USD 310-320 per tonne in March on FOB basis, showing an increase of over $15-20/mt over February levels.