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Hydrogen Price Trend and Forecast

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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Hydrogen Price Trend and Forecast

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  1. 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

  2. Polystyrene Price Trend and Forecast

  3. Urea Price 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 Price 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.

  4. Ethanol Price Trend and Forecast

  5. Hydrogen Price Trend and Forecast Green hydrogen price remained firm in the third quarter mirroring the previous quarter. Green hydrogen prices remained firm in the third quarter mirroring the previous quarter.

  6. Paraffin Wax Price Trend and Forecast Paraffin Wax Price remained in a narrow range during this quarter across North America region, backed by high inventory levels. Due to the polar storm in last quarter, production of Paraffin Wax remained low in the country. However, availability remained abundant to tackle any demand from downstream cosmetics and candle manufacturers. Despite of slow refinery rate, older stocks was so abundant that led to an overall slump in the prices of Paraffin Wax in the country.

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