On February 27, the ammonium nitrate commodity index was 125.26, the same as yesterday, a record high in the cycle, 61.90% higher than the lowest point of 77.37 on October 31, 2016. (Note: cycle refers to 2013-02-01 to now).

In February, the price trend of domestic ammonium nitrate Market remained high. Affected by the epidemic situation, some domestic ammonium nitrate manufacturers did not start their plants. In the near future, the supply of goods in the market was tight, and the domestic price trend remained high. In the near future, the market of ammonium nitrate manufacturers is general, and the downstream is purchased on demand. In the near future, the trend of downstream nitro compound fertilizer is stable. The domestic downstream civil explosive industry still stops production a lot, the domestic ammonium nitrate manufacturers have limited start-up, and the market price of ammonium nitrate remains high. Up to now, the mainstream of negotiation in Shaanxi is 2300-2400 yuan / ton, that in Shandong is 2300-2500 yuan / ton, and that in Hebei is 2400-2600 yuan / ton.

In February, the price of concentrated nitric acid in China fell slightly, down 2.02%. Jiangsu Hongze Yinzhu Chemical Co., Ltd. offers 1500 yuan / ton; Anhui Jinhe offers 1450 yuan / ton; Shandong helitai offers 1700 yuan / ton. Anhui Aodeli offers 1500 yuan / ton; Wenshui County synthetic chemical offers 1860 yuan / ton. In recent years, the domestic maintenance devices have been restarted continuously, the supply of concentrated nitric acid market has increased, and the situation of goods in the field is general. The price of ammonium nitrate Market in February is stable due to negative factors, and the price of raw material nitric acid has declined slightly, which is a negative impact on the ammonium nitrate Market.

The liquid ammonia Market in the upstream fell in February, down 5.53%. The market of liquid ammonia in China is slightly lower, with a slight decline in the northern region. Most manufacturers have reported a stable price, some of which are down to 100-150 yuan / ton. Some enterprises in Shandong, the main production area, have continuously lowered their prices, while the prices in the northwest region remain stable. At present, there is a surplus of local ammonia. In February, affected by the epidemic situation, the prices of liquid ammonia continue to decline, mainly because the dealers’ return to work rate is not high and the market has entered an empty space In the window period, it is generally closed down. In addition, poor transportation is the primary problem. Liquid ammonia transportation has also entered the bottleneck period. Long-distance high-speed transportation is limited and multiple factors are superimposed, resulting in the continuous weakness of liquid ammonia Market. The overall trend of the upstream liquid ammonia Market declined, while the price trend of ammonium nitrate Market was temporarily stable.

In the near future, the demand of the downstream civil explosive industry is general, and the market demand for ammonium nitrate is normal, but the market price of raw materials falls, and the market price of ammonium nitrate loses cost support. Ammonium nitrate analysts of the business association believe that the market price of ammonium nitrate may maintain high volatility in the later period.