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 2.45% from the same period last year.
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II. Market analysis:
Products: 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 more shutdown of domestic downstream civil explosion industry, domestic ammonium nitrate manufacturers start-up is limited, and the price trend in the field remains weak. By the end of the weekend, the domestic ammonium nitrate market price negotiation was 1850-2050 yuan/ton. Affected by environmental protection and the cancellation of gas restriction, manufacturers in many areas are now forced to limit production or stop production for maintenance to accept environmental protection inspection. The demand for ammonium nitrate in the downstream has decreased, but the price trend of the upstream raw material nitric acid and liquid ammonia market has declined, nitric acid. Ammonium market is temporarily stable because of the influence of raw material prices.
| potassium persulphate |
Industry Chain: Domestic nitric acid price declined slightly this week, the market price was 1773.33 yuan/ton by the end of the week, and this week’s price declined 0.56%. Upstream raw material liquid ammonia price rose slightly, the market price of liquid ammonia by the end of the week was 3293.33 yuan/ton, this week’s price rose slightly, upstream raw material price trend rose for ammonium nitrate. Ammonium nitrate market price is stable temporarily. Recently, the downstream civil explosion industry is in the off-season. The demand for ammonium nitrate Market is weakening, the inventory of ammonium nitrate manufacturers is increasing, the market of nitric acid is not good, and the price of nitric acid market remains low.
Industry: In recent years, ammonium nitrate Market in general, downstream civil explosion industry fully parked, but the upstream raw material market prices rose slightly, ammonium nitrate market price trend is stable.
| ammonium persulfate |
3. Future market forecast:
Ammonium nitrate analysts believe that the recent upstream raw material nitric acid market prices rose slightly, but the downstream demand is poor, ammonium nitrate market prices are expected to maintain low volatility in the later period.