According to statistics, the domestic market price of ammonium nitrate was temporarily stable this week. As of the weekend, the market price of ammonium nitrate was 4280 yuan/ton, unchanged from the early price of 4280 yuan/ton, up 8.08% year on year.
This week, the domestic ammonium nitrate market price trend was stable, the domestic ammonium nitrate manufacturers’ devices operated stably, the supply of goods on the site was normal in the near future, the goods on the site were generally shipped, the manufacturer’s inventory was not high, the price of liquid ammonia at the upstream of the terminal rose, and the price of ammonium nitrate rose slightly, in addition, the price of nitric acid rose slightly. Recently, the shipping market of ammonium nitrate manufacturers is normal, and the downstream purchase is based on demand. Recently, the demand for downstream nitro compound fertilizer is normal, but the sales of domestic downstream civil explosive industry has come to an end. The demand for ammonium nitrate has decreased, and the domestic ammonium nitrate manufacturers have not started to work. Recently, the price of ammonium nitrate is temporarily stable. Up to now, the mainstream of negotiation in Shaanxi is 4800-5200 yuan/ton, that in Shandong is 4500-4600 yuan/ton, and that in Hebei is 4600-4700 yuan/ton.
The price of concentrated nitric acid in China rose this week. As of the weekend, the average price of nitric acid in China was 2450 yuan/ton, up 0.69% from 2433.33 yuan/ton at the beginning of the week. Ningxia Runxia Energy Chemical Co., Ltd. quoted 2650 yuan/ton; Anhui Jinhe offers 2500 yuan/ton. Recently, the domestic nitric acid plant has been operating stably, the supply of concentrated nitric acid market is normal, and the goods in the market are normal. Recently, the price of nitric acid in the market has risen, and the price of raw nitric acid has risen to support the ammonium nitrate market.
The price of upstream liquid ammonia fell this week. As of the weekend, the price of liquid ammonia was 4706.67 yuan/ton, 3.75% lower than the price of 4890 yuan/ton at the beginning of the week. This week, the amount of ammonia released from the main production areas only increased, and the shipments from Shandong, Hebei, Shanxi, Henan and other places were large. The main reason is that a large number of maintenance devices are returned to production. Since the beginning of this month, Fujian Wanhua and Shenyuan devices have resumed production. This week, Shanxi Yaxin and Runjin have also started to operate. In addition, due to the high price of liquid ammonia in the early stage, most joint production enterprises switched from urea to liquid ammonia, resulting in a sharp increase in ammonia volume. Under the effect of successive price reductions, manufacturers made greater efforts to ship. The price decline of upstream liquid ammonia has a negative impact on the ammonium nitrate market, and the price trend of ammonium nitrate market is temporarily stable.
Recently, the demand of the downstream civil explosive industry has increased, the market price of liquid ammonia has declined, the price of nitric acid has risen, and the spot supply of ammonium nitrate is normal. Ammonium nitrate analysts from the business community believe that the market price of ammonium nitrate may rise slightly in the later period.
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