According to the commodity market analysis system of the business community, the domestic market price of Ammonium nitrate rose slightly this week. As of the weekend, the market price of Ammonium nitrate was 4060 yuan/ton, up 0.74% from the beginning of the week’s price of 4030 yuan/ton, down 12.31% year on year.

The price of Ammonium nitrate in the domestic market rose slightly this week. The domestic Ammonium nitrate manufacturers’ devices operated stably. The supply of goods on the site was normal recently. 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 fluctuated and rose. The price of nitric acid declined slightly, and the price of Ammonium nitrate rose slightly. Recently, the shipping market of Ammonium nitrate manufacturers is normal, and the downstream purchase is based on demand. Recently, the downstream demand for nitro compound fertilizer is normal, and the domestic downstream civil explosive industry purchase is general. The domestic Ammonium nitrate manufacturers do not start high, and the recent price increase of Ammonium nitrate is not large. As of now, the mainstream negotiation prices in Shaanxi region are 5200-5300 yuan/ton, Shandong region is 3900-4100 yuan/ton, and Hebei region is 4000-4100 yuan/ton.

This week, the price trend of concentrated nitric acid in China has declined. As of the 9th, the average price of nitric acid in China was 2016.67 yuan/ton, a decrease of 0.82% compared to the price of 2033.33 yuan/ton at the beginning of the week. Mainstream enterprises in East China offer prices ranging from 2000 to 2200 yuan/ton, while northern and central China offer prices ranging from 1900 to 2000 yuan/ton. At present, the pressure on the supply side of the concentrated nitric acid market remains unabated, the demand continues to be weak, the cost goes down, the supply of the concentrated nitric acid market is normal, the market is dominated by orders, the market turnover is average, the insiders are mainly wait-and-see, the price of the nitric acid market drops, and the price increase of Ammonium nitrate market is limited.

The price trend of upstream liquid ammonia has slightly increased this week. As of the weekend, the price of liquid ammonia was 3000 yuan/ton, an increase of 1.69% compared to the price of 2950 yuan/ton at the beginning of the week. Recently, the operation of liquid ammonia manufacturers’ devices has been stable, and the inventory of manufacturers is still acceptable. There has been little change in the amount of ammonia released in China, and some merchants have seen a slight increase in prices. The overall liquid ammonia market situation has not changed much. The price rise of upstream liquid ammonia has brought some positive support to the Ammonium nitrate market, and the price of Ammonium nitrate market has risen slightly.

Recently, the demand of the downstream civil explosive industry is general, the price trend of liquid ammonia market is mainly volatile, the price trend of nitric acid is declining, and the spot supply of Ammonium nitrate is relatively normal. The Ammonium nitrate analysts of the business community believe that the price trend of Ammonium nitrate market is mainly stable in the later period.