According to statistics, the domestic ammonium nitrate market price trend was temporarily stable this week. As of the end of the weekend, the market price of ammonium nitrate was 3930 yuan/ton, unchanged from the price of 3930 yuan/ton at the beginning of the week, down 16.38% year on year.
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This week, the price trend of the domestic ammonium nitrate market was temporarily stable. The domestic ammonium nitrate manufacturers operated stably. Recently, the supply of goods on the site was normal. The goods on the site were generally shipped. The manufacturer’s inventory was not high. The price of liquid ammonia at the upstream of the terminal rose. In addition, the price of nitric acid rose slightly. The price of ammonium nitrate was temporarily stable. Recently, the shipping market of ammonium nitrate manufacturers is normal, and the downstream purchase is based on demand. Recently, the demand for downstream nitro compound fertilizer is normal, but the sales of domestic downstream civil explosive industry has come to an end. The demand for ammonium nitrate has decreased, and the domestic ammonium nitrate manufacturers have not started to work. Recently, the price of ammonium nitrate is temporarily stable. Up to now, the mainstream of negotiation in Shaanxi is 4800-5200 yuan/ton, that in Shandong is 3800-3900 yuan/ton, and that in Hebei is 3900-4000 yuan/ton.
The price trend of concentrated nitric acid in China was temporarily stable this week. As of the weekend, the average price of nitric acid in China was 2333.33yuan/ton, unchanged from the price at the beginning of the week. Shaanxi Xinghua offers 2150 yuan/ton; Anhui Jinhe offers 2500 yuan/ton. Recently, the domestic nitric acid plant has been operating stably, the supply of concentrated nitric acid in the market is normal, and the delivery of goods in the market is normal. Recently, the price of nitric acid in the market remains stable, the price of raw nitric acid supports the ammonium nitrate market, and the price trend of ammonium nitrate market is temporarily stable.
The price of upstream liquid ammonia rose this week. As of October 7, the price of liquid ammonia was 4330 yuan/ton, 5.27% higher than the price of 4113.33 yuan/ton on October 31. Domestic dealers generally reported high, with an increase of more than 100-200 yuan/ton. At present, the supply pressure in this region is not large, the inventory pressure of large factories is relieved, the self consumption is increased, and the export volume is reduced. Since this week, the large factories in Shandong have generally raised the price twice, with a range of more than 100 yuan. Downstream demand is mainly supported by demand. After the urea market rebounded at the end of last month, the supply and demand in this region are basically balanced, and the mainstream price in the market is 4250-4350 yuan/ton. The rising price of upstream liquid ammonia has a positive impact on the ammonium nitrate market, and the market price of ammonium nitrate is temporarily stable.
In the near future, the demand of the downstream civil explosive industry may gradually start, the price of liquid ammonia market will rise, the price trend of nitric acid will be temporarily stable, and the spot supply of ammonium nitrate will be normal. The ammonium nitrate analysts of the business community believe that the market price of ammonium nitrate may rise slightly in the later period.
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