The market price of ammonium nitrate remained high this week (7.12-7.16)

According to statistics, the price trend of domestic ammonium nitrate was temporarily stable this week. By the end of the week, the domestic market price of ammonium nitrate was 3480 yuan / ton, which was the same as that at the beginning of the week, with a year-on-year increase of 48.72%. On July 16, the commodity index of ammonium nitrate was 179.47, which was flat compared with yesterday and set a new record in the cycle. It was 131.96% higher than the lowest point of 77.37 on October 31, 2016( Note: period refers to the period from February 1, 2013 to now).

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This week, the domestic ammonium nitrate market price remained at a high level. The start-up of domestic ammonium nitrate plants was general, and the supply of ammonium nitrate in the plant was normal. Some manufacturers reported that the price of upstream coal raw materials was at a high level, the cost increased significantly, and the manufacturer’s price reached a historical high level. Recently, the supply of goods in the plant was tight, and the transportation was normal, so the market price of ammonium nitrate remained at a high level. Recently, the shipment market of ammonium nitrate manufacturers is normal, and the downstream is purchased on demand. The domestic ammonium nitrate manufacturers start work normally, and the prices of some manufacturers are at a historical high. Up to now, the mainstream negotiation in Shaanxi is 3500-3600 yuan / ton, the mainstream negotiation in Shandong is 2700-2900 yuan / ton, and the price in Hebei is 4300-4400 yuan / ton.

The domestic price of concentrated nitric acid rose this week, with the weekend price of 2450 yuan / ton, 2.08% higher than the price of 2400 yuan / ton at the beginning of the week. Anhui Jinhe quoted 2650 yuan / ton; Shandong helitai quoted 2500 yuan / ton. The price of Xinghua is 2350 yuan / ton. In recent years, the domestic maintenance units have been running normally, the supply of concentrated nitric acid is normal, the delivery of goods in the yard is general, the price trend of nitric acid in the yard is rising, and the price trend of ammonium nitrate in the market is temporarily stable.

The price trend of upstream liquid ammonia rose this week, with the weekend price of 4516.67 yuan / ton, up 1.5% from 4450 yuan / ton at the beginning of the week. The start-up of liquid ammonia plant in the yard was normal, the spot supply in the yard was normal, and the price trend of liquid ammonia market rose. In terms of fundamentals, the price of liquid ammonia rose in Shandong. Due to the decline of inventory pressure, the operating rate of manufacturers remained at a reasonable level, and there was a certain price difference with other regions in China, the price of liquid ammonia decreased slightly. The amount of ammonia in Shandong Province is basically in the balance between supply and demand, which still supports the price. In the lower reaches, the agricultural fertilizer use has increased, the demand in the lower reaches is general, and the market price trend of ammonium nitrate remains high.

In the near future, the demand of downstream civil explosive industry is normal. In addition, the production and marketing of nitro compound fertilizer is normal. The demand for calcium ammonium nitrate has increased. In addition, the price trend of raw material market continues to rise, and the price of coal market remains high. However, the spot supply of ammonium nitrate is general, and the rising cost has a certain positive impact, Business community ammonium nitrate analysts believe that the late market price of ammonium nitrate or will maintain a high level.

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