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SunSirs: Ammonium Chloride Market Was High and Firm
May 26 2022 13:54:55SunSirs(John)

Price trend

According to the data monitoring of SunSirs, the ammonium chloride market continued to rise in May (5.1-5.25). As of May 25, the price was 1,490 RMB/ton, an increase of 3.11% from the price of 1,445 RMB/ton price at the beginning of the month.

Analysis review

At present, the overall start-up of the domestic joint alkali industry is slightly lower than that in the previous period. In addition, there are routine maintenances by manufacturers from May to July. The supply surface continues to be tight in the near future and in the later period. The ex-factory price of enterprises is high and firm, and the market offer is high.

Since May, the price of raw material liquid ammonia has risen first and then fell as a whole, and the cost side continued to support. According to the monitoring of SunSirs, as of May 25, the domestic liquid ammonia price was 5,250 RMB/ton, an increase of 3.62% from the price of 5,066 RMB/ton at the beginning of the month.

In May, the domestic urea market rose again, continuing to support ammonium chloride. According to the monitoring of SunSirs, as of May 25, the domestic price of urea was 3,230 RMB/ton, an increase of 6.04% from the price of 3,046 RMB/ton at the beginning of the month.

Market outlook

The ammonium chloride analyst of SunSirs believes that the supply side is tight, coupled with the sufficient orders issued by the company and the high price of raw material liquid ammonia, it is expected that the ammonium chloride market will continue to be high and strong in the later period.

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

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