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 19,580.00 RMB/ton, up 1.98%.

Analysis review

On the 24th, the quotation of hydrazine hydrate enterprises was raised, and the price of raw material urea rose sharply this week. The cost of hydrazine hydrate was fair, and the downstream demand continued to be weak. Downstream purchased on small orders, in order to deliver the goods, holders and manufactures negotiated the actual order and gave up certain profits.

Market outlook

The hydrazine hydrate analyst of SunSirs believes that the domestic hydrazine hydrate cost side urea demand side had 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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