SunSirs: The Ammonium Chloride Market in East China is Declining
May 12 2023 10:38:55The latest price of ammonium chloride (5-10): 692 RMB/ton, fluctuating in the future market
Analysis point: On May 10th, the price fell 12.89% compared to the previous trading day. The ammonium chloride market in East China is weak and declining. The main demand for summer fertilizer is for high nitrogen fertilizer products, while the demand for low nitrogen fertilizer ammonium chloride is low; In addition, the operating rate of the industry supported by pure alkali profits in Lian Alkali Enterprises is at a high level around 90%, and the pressure on the supply side of ammonium chloride continues to increase. The factory price of dry ammonium is between 700~750 RMB/ton; Market transactions were light, and the focus of ammonium chloride merchants' offers continued to shift downwards to between 600~700 RMB/ton.
Future Market Forecast: It is rumored that a large factory in East China has maintenance plans in the near future, and the ammonium chloride market may stop falling in the future.
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- 2023-10-12 SunSirs: The Ammonium Chloride Market Was Weak and Downward
- 2023-08-01 SunSirs: The Ammonium Chloride Market Rebounded Slightly in July
- 2023-06-05 SunSirs: The Market of Ammonium Chloride Continued Weakness in May
- 2023-05-31 SunSirs: The Current Price of Liquid Ammonia is at a Low Level and Leading to a Drop in the Price of Ammonium Chloride
- 2023-05-30 SunSirs: There have been Almost no New Orders in the Ammonium Chloride Market Recently
