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SunSirs: The market price trend of ammonium nitrate is temporarily stable

May 30 2022 09:35:16     

According to statistics, the domestic ammonium nitrate market price trend was temporarily stable last week. By the end of the week, the market price of ammonium nitrate was 4600 RMB/ton, unchanged from the price of 4600 RMB/ton at the beginning of the week, with a year-on-year increase of 41.10%.

Last week, the domestic ammonium nitrate market price trend was temporarily stable, the domestic ammonium nitrate manufacturers' devices operated stably, the recent on-site supply of goods was normal, the on-site delivery was normal, the manufacturer's inventory was not high, the upstream liquid ammonia price trend of the terminal was temporarily stable, the nitric acid price rose, and the ammonium nitrate price remained high supported. Recently, the shipment market of ammonium nitrate manufacturers is normal, the downstream is purchased on demand, and the demand for nitro compound fertilizer in the downstream is supported recently. However, the sales of domestic downstream civil explosive industry has come to an end. The demand for ammonium nitrate has decreased, and the domestic ammonium nitrate manufacturers have not started high. Affected by the rise of raw materials, the price of ammonium nitrate has remained high recently. Up to now, the mainstream negotiation in Shaanxi is 4900-5100 RMB/ton, the mainstream negotiation in Shandong is 4500-4700 RMB/ton, and the price in Hebei is 5200-5300 RMB/ton.

Last week, the price trend of domestic concentrated nitric acid remained high. By the end of the week, the average price of domestic nitric acid was 2666.67 RMB/ton, unchanged from the price of 2666.67 RMB/ton at the beginning of the week. Ningxia Runxia Energy & Chemical Co., Ltd. offers 2750 RMB/ton; Anhui Jinhe offers 2850 RMB/ton. Recently, the domestic nitric acid plant has been operating stably, the concentrated nitric acid market supply is normal, and the on-site delivery situation has improved. Recently, the on-site price of nitric acid has remained high, the high price of raw nitric acid is good for the ammonium nitrate Market, and the market price trend of ammonium nitrate is temporarily stable.

The price trend of upstream liquid ammonia rose this week. By the end of the week, the price of liquid ammonia was 5273.33 RMB/ton, up 0.96% from the price of 5223.33 RMB/ton at the beginning of the week. The domestic liquid ammonia market mainly rose slightly. The liquid ammonia Market in Shandong rose, with a range of RMB50-100. Last week, the prices of most large manufacturers in Shandong rose slightly, mostly around RMB50 , and the dealers' prices rose accordingly. At present, the market price is still at a relatively high level. With the increase of supply in this region, the supply performance is abundant, but the downstream is generally resistant to high priced raw materials, and the transactions need to be maintained. The regional mainstream price is 5100-5250 RMB/ton. The rising price of upstream liquid ammonia has a certain negative impact on the ammonium nitrate Market, and the market price trend of ammonium nitrate is temporarily stable.

Recently, the demand of the downstream civil explosive industry has come to an end. The market demand for ammonium nitrate is weakening, the market price of liquid ammonia is rising, and the price of nitric acid is stable. However, the spot supply of ammonium nitrate is normal, and the demand has not improved significantly, but the raw material price is high. The ammonium nitrate analysts of the business society believe that the price of ammonium nitrate in the later market will rise slightly due to the influence of raw materials.

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