Price trend
According to the monitoring data of SunSirs, the price of hydrazine hydrate in this month was consolidated, and the average price of hydrazine hydrate at the end of the month was 21,166.67 RMB/ton.
Analysis review
The upstream raw material urea rose, and the cost support of hydrazine hydrate became stronger. However, the downstream demand continued to be light, only small orders were purchased sporadically. Out of the mentality of shipment, the manufacturer of the goods made profit-cutting to negotiate the actual order.
Market outlook
Hydrazine hydrate analysts from SunSirs believe that the domestic hydrazine hydrate cost side urea price may continue to rise, and the hydrazine hydrate cost side support will be further strengthened, but the weak downstream demand situation is hard to change, and hydrazine hydrate price is expected to fluctuate slightly.
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