Price trends:

According to statistics, the domestic ammonium nitrate ex-factory price trend is temporarily stable this week. The average weekend price is 1966.67 yuan/ton, which is temporarily stable compared with the early weekend price of 1966.67 yuan/ton, down 2.45% from the same period last year.

II. Market analysis:

Products: This week, the domestic ammonium nitrate market price remains stable, the domestic ammonium nitrate plant is running smoothly, is in the downstream demand off-season, ammonium nitrate factory shipment market is general, downstream on-demand procurement, coupled with environmental protection control, the downstream civil explosion industry in China has stopped production more, domestic ammonium nitrate factory start-up is limited. Domestic prices remain low. By the end of the weekend, the mainstream in Shaanxi was 1950-2050 yuan/ton, Shandong was 1900-2000 yuan/ton, and Hebei was 1850-1950 yuan/ton. Affected by environmental protection, some downstream factories were forced to limit production or stop production for maintenance to accept environmental protection inspection. The demand for ammonium nitrate was at a low level, and the market price of ammonium nitrate was maintained. Keep oscillating.

Industry chain: This week’s domestic nitric acid price trend slightly declined, the market price at the end of the week was 1693.33 yuan/ton, this week’s price decline was 1.36%, the domestic nitric acid market price fell, the mainstream manufacturers in Jiangsu Province quoted 1680 yuan/ton, the mainstream manufacturers in Anhui Province quoted 1700 yuan/ton, Shandong manufacturers quoted 1700 yuan/ton, nitric acid walking goods. Generally speaking, the lower price of upstream nitric acid market has a negative impact on the downstream ammonium nitrate Market price; the price trend of upstream raw material liquid ammonia is temporarily stable, and the market price of liquid ammonia is 3333.33 yuan/ton by the end of the weekend, which is affected by the increase of upstream cost. In addition, the inventory pressure of most producers has eased slightly compared with the previous period. The supply performance of most manufacturers is still acceptable, the quotation of manufacturers in the northern region is maintained in the range of 3200-3600 yuan/ton, and the quotation in the northwest region is in the range of 2650-2800 yuan/ton. Maintaining a high level of liquid ammonia market will bring certain success to the downstream ammonium nitrate market. The impact of this support. Recently, the downstream civil explosion industry is in the off-season. The demand for ammonium nitrate market remains low. The inventory of ammonium nitrate manufacturers is high. The market of nitric acid is not good, and the price of nitric acid market remains low.

Industry: In recent years, ammonium nitrate Market is general, downstream civilian explosion industry parks more, coupled with the upstream raw material market nitric acid price slightly declined, ammonium nitrate market price trend is stable.

3. Future market forecast:

Ammonium nitrate analysts believe that the recent upstream raw material nitric acid market prices slightly lower, coupled with poor demand downstream, ammonium nitrate market prices are expected to maintain low volatility in the later period.