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Ammonium chloride News
SunSirs: Ammonium Chloride Price Rose up on March 10
March 11 2020 10:54:10SunSirs(John)

Product Name: Ammonium Chloride

 

The latest price (March 10): 570 RMB/ton

 

Analysis points:

On Tuesday (March 10), the market price of ammonium chloride increased. First of all, the demand for ammonium chloride increased steadily during the spring tillage period. In addition, due to the previous traffic impact, the demand gap for ammonium chloride was large, and the price of ammonium chloride increased rapidly. Secondly, at present, the operating rate of allo-alkali manufacturers is around 70%, the pressure on the supply side is relatively stable, and the manufacturers' inventory is gradually consumed. Finally, the current urea market is on the rise, and prices are frequently raised, further driving the bullish atmosphere of ammonium chloride. According to the monitoring of SunSirs, on March 10, agricultural ammonium chloride price of Chinasalt Kunshan was raised. The current dry ammonium ex-factory price is 600 RMB/ton; the wet ammonium ex-factory price is 500 RMB/ton, manufacturers control orders; the ex-factory price of Bolian agricultural ammonium chloride is 680 RMB/ton, and the ex-factory price of wet ammonium is 550 RMB/ton.

 

Market outlook

Demand is picking up, and soda manufacturers have not significantly increased the equipment load. It is expected that the ammonium chloride market will continue to rise in the later period.

 

If you have any questions, please feel free to contact SunSirs with marketing@sunsirs.com.

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