Market price trend of ammonium nitrate on July 2 was temporarily stable

On July 1, the ammonium nitrate commodity index was 103.51, which was the same as yesterday. It was 12.59% lower than the cyclical peak of 118.42 points (2019-01-15), and 33.79% higher than the lowest point of 77.37 on October 31, 2016. (Note: Period refers to 2013-02-01 to date).

PVA 1788 (PVA BP17)

Recently, domestic ammonium nitrate market price trend is temporarily stable. Affected by environmental protection control, domestic ammonium nitrate plant shuts down more, domestic ammonium nitrate plant starts less, but recently with the warming of the weather, the influence of northern air limitation disappears. In addition, due to the complete shutdown of domestic downstream civil explosion industry, domestic ammonium nitrate manufacturers have more stockpiles. Domestic prices are declining. As of the 1st day, the domestic ammonium nitrate market price negotiations in 1900-2050 yuan/ton, affected by environmental protection, so now many manufacturers in many areas are forced to limit production or stop production and maintenance for environmental protection inspection, the price trend of ammonium nitrate on the site is temporarily stable.

Recently, the domestic price of nitric acid has been temporarily stable, with the market price of 1800 yuan/ton as of the 2nd day. The rising trend of nitric acid price has a positive impact on the market of ammonium nitrate. The price trend of ammonium nitrate is stable. The price trend of liquid ammonia in the upstream raw material has slightly declined, and the price quoted by manufacturers in the northern region has been maintained in the range of 3000-3300 yuan/ton as of the 2nd day. The price of ammonium nitrate in North China is around 2800-3000 yuan per ton. The downward trend of raw material prices in the upstream has a negative impact on the ammonium nitrate market. The price trend of ammonium nitrate Market is temporarily stable. At the end of the peak season of the downstream civil explosion industry recently, the demand for ammonium nitrate has weakened and the stocks of ammonium nitrate manufacturers have increased, but the liquid ammonia market is on the rise again. The ammonium nitrate Market is shaking at a low level because of the bad market. Ammonium nitrate analysts believe that the recent upstream raw material market price shocks, but the downstream demand is not good, ammonium nitrate market prices are expected to maintain shocks in the later period.

PVA 1799 (PVA BF17)