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SunSirs:Ammonium chloride market rose slightly last week (3.14-3.20)
March 21 2022 13:37:55()

According to the data monitoring of SunSirs, the ammonium chloride market rose slightly this week (3.14-3.20). As of March 20, the price was 1307 yuan / ton, up 0.97% from the beginning of the week.

At present, the domestic operation rate of combined alkali is around 70 ~ 80%, and the operation rate of downstream compound fertilizer enterprises in spring farming season is 40 ~ 50%. On the one hand, there is a strong demand for ammonium chloride. On the other hand, ammonium chloride enterprises have sufficient orders to be issued, the supply side is relatively tight, the ex factory price of enterprises is strong, and the quotation of traders is stable, with a slight rise.

Since March, the rising trend of raw liquid ammonia is obvious, and the cost support is stronger. According to the monitoring of business agency, as of March 18, the price of domestic liquid ammonia was 4836RMB/ton, up 7.80% from 4486RMB/ton at the beginning of the month.

Affected by the rise of the international market and the improvement of demand, the price of urea has continued to rise since March, which has a certain support for ammonium chloride. According to the monitoring of business agency, as of March 20, the domestic urea price was 2929RMB/ton, up 9.54% from 2674RMB/ton at the beginning of the month.

Future forecast: ammonium chloride analysts of business society believe that there is little pressure on the supply side, and the prices of urea and raw liquid ammonia continue to rise sharply. It is expected that the ammonium chloride market will continue to be strong at a high level in the later stage.

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