On May 7, the ammonium nitrate commodity index was 120.00, unchanged from yesterday, down 4.20% from 125.26 (2020-03-15), the highest point in the cycle, and up 55.10% from 77.37, the lowest point on October 31, 2016. (Note: cycle refers to 2013-02-01 to now).
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On August 8, the price trend of domestic ammonium nitrate market rose, with an average price of 2330 yuan / ton. The domestic ammonium nitrate manufacturers started normal operation of their units. In the near future, the on-site unit operation was stable, and the delivery market of ammonium nitrate manufacturers improved. The manufacturers reported that there was no inventory backlog in the near future, and the price of ammonium nitrate rose. Downstream on-demand procurement, coupled with the impact of environmental management and control, domestic ammonium nitrate manufacturers started normal operation, and the market price trend rose. Up to now, the mainstream of negotiation in Shaanxi Province is 2200-2400 yuan / ton, that in Shandong Province is 2000-2400 yuan / ton, and that in Hebei Province is 2500-2700 yuan / ton. Affected by the improvement of goods supply, the downstream demand is improved, the demand for ammonium nitrate is increased, and the market price trend of ammonium nitrate is rising.
The price trend of upstream raw materials in domestic nitric acid market is declining, and the quotation of mainstream manufacturers in Jiangsu Province is 1300 yuan / ton. The quotation of mainstream manufacturers in Anhui is about 1350 yuan / ton. Shandong manufacturers quoted 1700 yuan / ton or so, and the price trend declined. Generally speaking, the demand for nitro compound fertilizer is higher than before. As for the demand for ammonium nitrate, the market price trend of ammonium nitrate is rising. The market of domestic liquid ammonia in the upper reaches fluctuates at a high level, and the market of domestic liquid ammonia remains at a high level. Some enterprises in the northern region are on a temporary stable trend. The price of raw materials in the upper reaches is temporarily stable, which brings a certain positive support to the price of domestic ammonium nitrate, But in the near future, due to the improvement of downstream demand, the market of ammonium nitrate products is getting better, and the market price trend of ammonium nitrate is rising. Analysts of ammonium nitrate of business association think that the price of upstream raw material nitric acid market changes little in the near future, but the downstream demand has improved, and the market price of ammonium nitrate is expected to rise slightly in the later stage.
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