SunSirs: On September 7, the Domestic Ammonium Nitrate Market Price Trend Declined
September 08 2022 09:02:51 SunSirs (John)
Price trend
On September 7, the price trend of domestic ammonium nitrate declined. Due to different production fuels, the price gap between manufacturers was large. The mainstream negotiation on the market was 3,800-4,000 RMB/ton, and the price in Hebei was 3,900-4,000 RMB/ton.
Analysis review
Recently, the price of liquid ammonia in the upstream raw material market fluctuated, and the price of nitric acid remained low. The low price of raw materials had a certain negative impact on the ammonium nitrate market, but the sales of the downstream civil explosive industry had come to an end. Recently, the supply of goods in the market was normal, and the market price of ammonium nitrate declined.
Market outlook
It is expected that the price of ammonium nitrate may fall slightly in the later period
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