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SunSirs: On June 22, the Domestic Ammonium Nitrate Market Price Trend Was Temporarily Stable

June 22 2022 16:05:34     SunSirs (John)

Price trend

On June 22, the domestic ammonium nitrate price trend was temporarily stable. Due to different production fuels, the price gap between manufacturers was large. The mainstream negotiation on the market was 4,600-5,000 RMB/ton, and the price in Hebei was 5,200-5,300 RMB/ton.

Analysis review

Recently, the price of liquid ammonia in the upstream raw material market rose slightly, and the price of nitric acid rose. The rising price of raw materials had a certain cost support for the ammonium nitrate market, but the sales of the downstream civil explosive industry came to an end. Recently, the supply of goods on the market was normal, and the price trend of ammonium nitrate was temporarily stable.

Market outlook

It is expected that the price trend of ammonium nitrate will be stable in the later period.

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