SunSirs: The Price of Hydrazine Hydrate Decreased in December
January 03 2023 13:49:30 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, the price of hydrazine hydrate in this month was lowered. At the beginning of the month, the average price of hydrazine hydrate was 20,233.33 RMB/ton, and at the end of the month, the average price of hydrazine hydrate was 19,200.00 RMB/ton, down 5.11%.
Analysis review
Upstream raw material urea fell in shock, hydrazine hydrate cost support weakened, downstream demand continued to be light, and sporadic small orders were purchased. Under the shipping mentality of the goods holder, the actual order was negotiated and made profit-cutting.
Market outlook
Hydrazine hydrate analysts from SunSirs believe that the domestic hydrazine hydrate cost end urea is still expected to fall in the late period, the hydrazine hydrate cost end support continues to weaken, and the price may continue to fall slightly.
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