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What Is the Average Cost of Ammonium Nitrate per ton? Average Ammonium Nitrate Price
The average cost of ammonium nitrate is $250 per ton. It is mainly used as a nitrogen fertilizer material and accounts for about 15% of the world nitrogen fertilizer market. Industrial use of ammonium nitrate, primarily as an explosive material, accounts for 15 to 20% of world ammonium nitrate consumption. A marginal average annual world growth rate of about 0.8% is projected during 2011. It is the main component of ANFO, a very popular explosive. Ammonium nitrate is used in instant cold packs, as hydrating the salt is an endothermic process. Pure, compact ammonium nitrate is stable and very difficult to ignite.
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