SunSirs: Demand Was Weak and Ammonium Chloride Market Fell in December
January 05 2022 13:08:28 SunSirs (John)
Price trend
According to the data monitoring of SunSirs, the ammonium chloride market fell in December. The price at the beginning of the month was around 1,170 RMB/ton, and the price at the end of the month was around 1,095 RMB/ton, down 6.41%. The Hou Soda enterprises started operations at around 70%, and the supply side was stable.
Analysis review
The price of raw liquid ammonia fell slightly in December, and the support for ammonium chloride was weak. According to the monitoring of SunSirs, as of December 31, the domestic liquid ammonia price was 4,410 RMB/ton, down 2.29% from the price of 4,513 RMB/ton at the beginning of the month.
After the big drop in November, the price of urea rebounded slightly in December, and there was little support for ammonium chloride. As of December 31, the domestic price of urea was 2,552 RMB/ton, up 1.92% from the price of 2,504 RMB/ton at the beginning of the month.
In December, the downstream compound fertilizer industry of ammonium chloride started at around 30-40%, and the ammonium chloride market was lightly traded.
Market outlook
The ammonium chloride analyst of SunSirs believes that the current demand and cost of ammonium chloride are slightly weaker and it is expected that the ammonium chloride market may continue to be weak in the later period.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
- 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
