SunSirs: On July 13, the Domestic Ammonium Nitrate Market Price Trend Was Temporarily Stable
July 14 2022 14:20:12 SunSirs (John)Price trend
On July 13, the domestic ammonium nitrate price trend was temporarily stable. Due to different production fuels, the price gap between manufacturers was large. The mainstream negotiation on the market was 4,600-5,000 RMB/ton, and the price in Hebei was 5,200-5,300 RMB/ton.
Analysis review
Recently, the price of liquid ammonia in the upstream raw material market has fallen, and the price of nitric acid has fallen slightly. The rise in raw material prices had a certain cost support for the ammonium nitrate market, but the sales of the downstream civil explosive industry had come to an end. Recently, the supply of goods on the market was normal, and the price trend of ammonium nitrate was temporarily stable.
Market outlook
It is expected that the price trend of ammonium nitrate may decline in the later period.
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