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SunSirs: Views On The Rise And Fall Of Ammonium Chloride On November 6
November 07 2019 14:35:31SunSirs(Eva)

Latest price (November 6): RMB 570 yuan / ton

Key points of analysis: on Wednesday (November 6), the market of ammonium chloride continued to be weak, mainly due to the end of the peak season of agricultural fertilizer, the scarcity of mining in the downstream, and the light turnover in the market of ammonium chloride. According to the monitoring of the business agency, on November 6, the price of agricultural ammonium chloride in Kunshan of Zhongyan was stable, and the current ex factory price of dry ammonium was RMB 550 yuan / ton, and that of wet ammonium was RMB 450 yuan / ton. The ex factory price of dry ammonium chloride for agricultural use and wet ammonium chloride in Bolian is RMB 600 yuan / ton and RMB 500 yuan / ton respectively; the ex factory price of dry ammonium chloride in northeast area of Jinshan Chemical Industry is RMB 530 yuan / ton and the delivery price in other areas is RMB 700 yuan / ton.

Future market forecast: weak demand in the off-season, and the ammonium chloride market is expected to remain weak in the later period.

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