In Q1 2025, prices softened to $1,084/ton, a 1.28% decrease from Q4. The slight dip reflected normalized supply levels and cautious procurement from downstream buyers amid expectations of stable near-term market conditions. Saudi Arabian prices Increased to $822/ton, rising 5.52% from Q4. The increase was supported by restocking activities and a slight uptick in regional and export demand, hinting at a possible shift toward market recovery. These Price Changes Impacted countries like India, Mexico, Argentina and Turkey.





