According to statistics, the price trend of domestic ammonium nitrate remained high this week. As of the end of the week, the domestic market price of ammonium nitrate was 2840 yuan / ton, which was equal to the price of 2840 yuan / ton at the beginning of the week, with a year-on-year increase of 27.16%. The commodity index of ammonium nitrate on December 10 was 149.47, which was the same as yesterday, decreased by 2.07% from 152.63 (2020-11-24), and increased by 93.19% from 77.37, the lowest point on October 31, 2016. (Note: period refers to 2013-02-01 to now).
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This week, the price trend of domestic ammonium nitrate Market was temporarily stable. The domestic ammonium nitrate manufacturers started normal operation, and the supply of ammonium nitrate in the field was sufficient. Some manufacturers reported that the goods taking situation was general, and the price trend of manufacturers remained high. Recently, the supply of goods in the field was normal, the transportation was normal, and the market price trend of ammonium nitrate was stable. Recently, the market of ammonium nitrate manufacturers is normal, downstream procurement is on demand, domestic ammonium nitrate manufacturers start normal, and the prices of some manufacturers have dropped slightly. Up to now, the mainstream of negotiation in Shaanxi is 2300-2500 yuan / ton, that in Shandong is 2200-2300 yuan / ton, and that in Hebei is 3000-3300 yuan / ton.
This week, the domestic price of concentrated nitric acid rose sharply, with the weekend price of 2150 yuan / ton, and this week’s trend increased by 13.16%. Jiangsu Hongze Yinzhu Chemical Co., Ltd. quoted 2200 yuan / ton; Anhui Jinhe quoted 2100 yuan / T; Shandong helitai quoted 2200 yuan / T. The quotation of Wenshui synthetic chemical industry is 1830 yuan / ton. In recent years, the domestic maintenance units have been running normally, the supply of concentrated nitric acid market is normal, and the on-site goods taking situation has improved. The price trend of nitric acid in the field has risen sharply. The high price of nitric acid is a good support for the market of ammonium nitrate, and the price trend of ammonium nitrate market remains high.
The price of upstream liquid ammonia rose this week, with the weekend price of 3216.67 yuan / ton, up 0.54% compared with 3200 yuan / ton at the beginning of the week. The liquid ammonia plant started normal operation, the spot supply was slightly tight, and the price trend of liquid ammonia market rose sharply. From the basic point of view, the supply and demand of liquid ammonia market is mainly balanced, and some manufacturers’ devices are running stably. It is expected that the ammonia supply will be balanced in the short term. Therefore, it is expected that the price trend of domestic liquid ammonia market will rise in the near future. Due to the production restriction in some regions such as Shanxi, the operating rate will drop, and the supply will bring some support. From the downstream point of view, in the current off-season of agricultural fertilizer, the terminal does not take delivery of goods, and there is no market in many places, which makes the rising trend of liquid ammonia difficult to maintain. The upstream prices have risen this week, and the market price trend of ammonium nitrate remains high.
Recently, the demand of the downstream civil explosive industry is normal. In addition, the production and sales of nitro compound fertilizer are normal, and the price trend of raw material market is rising. 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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