Price trends:

According to statistics, the domestic ammonium nitrate ex-factory price trend is temporarily stable this week. The weekend average price is 2033.33 yuan/ton, which is flat compared with the early price of 2033.33 yuan/ton, down 7.15% from the same period last year.

2. Market analysis:

Product: This week, the domestic ammonium nitrate market price trend is temporarily stable. Affected by environmental protection control, domestic ammonium nitrate plant start-up is limited and domestic ammonium nitrate plant start-up is less. However, due to the downstream civil explosion industry shut down, domestic ammonium nitrate manufacturers have more stocks, and the price trend in the field remains weak. By the end of the weekend, the domestic ammonium nitrate market price negotiations ranged from 1900 to 2100 yuan/ton. Affected by environmental protection and the cancellation of gas limitation, manufacturers in many areas are now forced to limit production or stop production for maintenance and accept environmental protection inspection. The demand for ammonium nitrate in the downstream has decreased. In addition, the market price trend of raw material nitric acid and liquid ammonia in the upstream has remained stable, and the market price trend of ammonium nitrate is stable.

Industry chain: This week’s domestic nitric acid price trend is temporarily stable, the market price is 1,560 yuan/ton by the end of the week, and this week’s price trend is temporarily stable; the price trend of upstream raw material liquid ammonia is rising slightly, the market price of liquid ammonia is 3,470 yuan/ton by the end of the week, and this week’s price trend is rising by 2.32%. The upstream raw material price trend has a certain positive impact on the ammonium nitrate market, and the market price trend of ammonium nitrate Temporary stability. At the end of the peak season of the downstream civil explosion industry recently, the demand for ammonium nitrate has weakened, the inventory of ammonium nitrate manufacturers has increased, the market for nitric acid is not good, and the price of nitric acid market remains weak.

Industry: Recently, the market of ammonium nitrate is not good. The downstream explosion industry has stopped completely. However, the price of raw materials in the upstream market has risen, and the market price of ammonium nitrate is temporarily stable.

3. Future market forecast:

Ammonium nitrate analysts believe that the recent upstream raw material liquid ammonia market price rise, but the downstream demand is poor, ammonium nitrate market prices are expected to maintain low volatility in the later period.