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SunSirs: On October 7th, the Domestic Ammonium Nitrate Industry Chain Prices Showed Mixed Fluctuations
October 08 2023 11:00:34SunSirs(John)

Price trend

On October 7th, the domestic ammonium nitrate industry chain prices showed mixed fluctuations.

Analysis review

On October 7th, the domestic price of ammonium nitrate slightly increased. The upstream raw material coal price was stable, the liquid ammonia market price trend was declining, and the nitric acid market price trend was increasing. The high price of raw materials had brought some cost support to the ammonium nitrate market. Recently, the spot supply of ammonium nitrate on the site was normal, and the situation of shipment had improved. Downstream merchants mainly purchased according to demand, while the market price of ammonium nitrate had slightly increased.

Products

October 6

October 7

Price Change

Unit

Liquid ammonia

4,000

3,766.67

-5.83%

RMB/ton

Nitric acid

2,233.33

2,233.33

0

RMB/ton

Ammonium nitrate

3,980

4,000

0.50%

RMB/ton

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8 Industries
Energy
Chemical
Rubber & Plastics
Textile
Non-ferrous Metals
Steel
Building Materials
Agricultural & Sideline Products