July 17 Ammonium Nitrate Market Price Trend Stable

On July 17, the ammonium nitrate commodity index was 103.51, which was the same as yesterday. It was 12.59% lower than the peak of 118.42 points in the cycle (2019-01-15), and 33.79% higher than the low of 77.37 points on October 31, 2016. (Note: Period refers to 2013-02-01 to date).

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 17th day, the domestic ammonium nitrate market price negotiation 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 nitric acid price trend has been slightly lower, up to 17 days, the market price is 1756.67 yuan/ton. The decline of nitric acid price has a negative impact on the ammonium nitrate market. The price trend of ammonium nitrate keeps low. The domestic liquid ammonia Market in the upstream is rising slightly, the market performance is general, and the market turnover is still acceptable, mainly affected by the above. The impact of increased travel costs, transaction stability, the majority of manufacturers inventory pressure slightly eased compared with the previous period, some maintenance-oriented, most manufacturers in North China supply performance is still acceptable, manufacturers in the northern region quoted price maintained in 3300 yuan/ton, northwest region quoted price in 2800-3000 yuan/ton, the normal shipment of manufacturers, Reasonable purchasing of downstream manufacturers and rising prices of raw materials in the upstream have a positive 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.