The price trend of ammonium nitrate Market is temporarily stable this week (1.18-1.22)

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 2860 yuan / ton, which was the same as that at the beginning of the week, with a year-on-year increase of 20.17%. On January 22, the commodity index of ammonium nitrate was 150.53, which was the same as yesterday, decreased by 1.38% compared with 152.63 points (2020-11-24), the highest point in the cycle, and increased by 94.56% compared with 77.37 points, the lowest point on October 31, 2016. (Note: period refers to the period from February 1, 2013 to now).

 

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This week, the price trend of domestic ammonium nitrate Market maintained a high level. Domestic ammonium nitrate manufacturers started their plants normally, and the supply of ammonium nitrate in the yard was slightly tight. Some manufacturers reported that the delivery situation was general, and the price trend of manufacturers maintained a high level. Recently, the supply of goods in the yard was tight, and the transportation was normal, so the market price of ammonium nitrate was temporarily stable. 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 rise slightly. Up to now, the mainstream negotiation in Shaanxi is 2600-2800 yuan / ton, the mainstream negotiation in Shandong is 2200-2300 yuan / ton, and the price in Hebei is 3000-3300 yuan / ton.

 

This week, the domestic price of concentrated nitric acid was stable, with the weekend price of 2016.67 yuan / ton, which was the same as the price of 2016.67 yuan / ton at the beginning of the week. Jiangsu Hongze Yinzhu chemical quoted 2200 yuan / ton; Anhui Jinhe quoted 2000 yuan / ton; Shandong helitai quoted 2100 yuan / ton. The price of synthetic chemical industry in Wenshui County is 1950 yuan / ton. In recent years, the domestic maintenance units are running normally, the supply of concentrated nitric acid market is normal, and the delivery situation in the market has improved. The price trend of nitric acid in the market remains high. The high price of nitric acid is a good support for the ammonium nitrate Market, and the price trend of ammonium nitrate market remains high.

 

The price trend of upstream liquid ammonia rose slightly this week, with the weekend price of 3383.33 yuan / ton, up 1.20% compared with the price of 3343.33 yuan / ton at the beginning of the week. The operation of liquid ammonia plant in the yard was normal, the spot supply in the yard was slightly tight, and the price trend of liquid ammonia market continued to rise. In terms of fundamentals, the price of liquid ammonia in Shandong generally rebounded. Due to the low inventory pressure, the operating rate of manufacturers remained at a reasonable level, and there was a certain price gap with other regions in China, especially the northeast region. At the same time, it also undertook some external orders, so the price appeared to compensate for the rising factors. The ammonia quantity in Shandong Province is basically in the balance of supply and demand, which still has some support for the price. From the perspective of the downstream, the demand for agricultural fertilizer is slightly insufficient in the off-season. The price of the upstream has risen this week, and the price trend of ammonium nitrate market remains high.

 

Recently, the demand of the downstream civil explosive industry is normal, and the production and marketing of nitro compound fertilizer is normal, and the price trend of raw material market rises. However, the spot supply of ammonium nitrate is general, which has a certain positive support for the ammonium nitrate Market. The ammonium nitrate analysts of the business community believe that the market price of ammonium nitrate may remain volatile in the future.

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