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SunSirs: Hydrazine Hydrate Price Rose This Week
February 14 2023 09:41:35SunSirs(John)

Price trend

According to the monitoring data of SunSirs, the price of hydrazine hydrate rose slightly this week. At the beginning of the week, the average price of hydrazine hydrate was 19,200.00 RMB/ton, and on Friday, the average price of hydrazine hydrate was 19,633.33 RMB/ton, up 2.26%.

Analysis review

The quotation of hydrazine hydrate enterprises was raised. The price of raw material urea was basically stable this week. The cost of hydrazine hydrate was acceptable. The demand for downstream products continued to be weak. Downstream sporadic purchased with orders, under the shipping mentality, the goods holders gave up profits for the actual order by negotiation.

Market outlook

The hydrazine hydrate analyst of SunSirs believes that the demand side of domestic hydrazine hydrate cost-side urea has recovered, and it is expected that urea will continue to rise in the future, and the cost side support for hydrazine hydrate will continue.

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