Price trends:

According to statistics, the domestic ammonium nitrate ex-factory price trend is temporarily stable this week. The average weekend price is 1966.67 yuan/ton, which is temporarily stable compared with the early weekend price of 1966.67 yuan/ton, down 0.97% from the same period last year.

II. Market analysis:

Products: This week, the domestic ammonium nitrate market price remains stable, the domestic ammonium nitrate plant is running smoothly, is in the downstream demand off-season, ammonium nitrate factory shipment market is general, downstream on-demand procurement, coupled with environmental protection control, the downstream civil explosion industry in China has stopped production more, domestic ammonium nitrate factory start-up is limited. Domestic prices remain low. By the end of the weekend, the mainstream in Shaanxi was 1950-2050 yuan/ton, Shandong was 1900-2000 yuan/ton, and Hebei was 1850-1950 yuan/ton. Affected by environmental protection, some downstream factories were forced to limit production or stop production for maintenance to accept environmental protection inspection. The demand for ammonium nitrate was at a low level, and the market price of ammonium nitrate was maintained. Keep oscillating.

Industry chain: This week’s domestic nitric acid price trend is temporarily stable, the market price is 1693.33 yuan/ton by the end of the week, this week’s price trend is stable, the domestic nitric acid market price remains low, mainstream manufacturers in Jiangsu Province offer 1680 yuan/ton, mainstream manufacturers in Anhui Province offer 1700 yuan/ton, Shandong manufacturers offer 1700 yuan/ton, nitric acid walks. Generally speaking, the low price of upstream nitric acid market has a negative impact on the downstream ammonium nitrate Market price; the price trend of upstream raw material liquid ammonia has declined sharply, and the market price of liquid ammonia is 3200 yuan/ton by the end of the week. The upstream cost of liquid ammonia is affected by the downstream cost, and the inventory pressure of most producers has increased compared with the previous period. In addition, part of the plant was restarted and local ammonia supply increased in the region. Especially in Shanxi and North China, most of the manufacturers had sufficient supply of ammonia. The price quoted by the manufacturers in North China remained above and below 2900-3400 yuan/ton. The price quoted by the manufacturers in Northwest China was between 2500-2600 yuan/ton. The decline of liquid ammonia market brought certain negative effects on the downstream ammonium nitrate market. Ring. Recently, the downstream civil explosion industry is in the off-season. The demand for ammonium nitrate market remains low. The inventory of ammonium nitrate manufacturers is high. The market of nitric acid is not good, and the price of nitric acid market remains low.

Industry: In recent years, ammonium nitrate Market is general, downstream civilian explosion industry parks more, coupled with the upstream raw material market nitric acid price slightly declined, ammonium nitrate market price trend is stable.

3. Future market forecast:

Ammonium nitrate analysts believe that the recent upstream raw material nitric acid market prices slightly lower, coupled with poor demand downstream, ammonium nitrate market prices are expected to maintain low volatility in the later period.