The price trend of ammonium nitrate Market is temporarily stable this week (3.1-3.5)

According to statistics, the price trend of domestic ammonium nitrate was temporarily stable this week. By the end of the week, the domestic market price of ammonium nitrate was 2900 yuan / ton, which was the same as the price of 2900 yuan / ton at the beginning of the week, with a year-on-year increase of 21.85%. On March 5, the commodity index of ammonium nitrate was 152.63, which was the same as yesterday, reaching a record high in the cycle, up 97.27% from the lowest point of 77.37 on October 31, 2016. (Note: period refers to the period from February 1, 2013 to now).

 

This week, the price trend of domestic ammonium nitrate Market maintained a high level. The domestic ammonium nitrate manufacturers started their plants normally, and the supply of ammonium nitrate in the yard was normal. Some manufacturers reported that the delivery situation was general, and the price trend of manufacturers maintained a high level. Recently, the supply of goods in the yard was tight, and the transportation was normal, so the market price of ammonium nitrate was temporarily stable. Recently, the shipment market of ammonium nitrate manufacturers is normal, and the downstream is purchased on demand. The domestic ammonium nitrate manufacturers start work normally, and the price trend of some manufacturers is temporarily stable. Up to now, the mainstream negotiation in Shaanxi is 2800-2900 yuan / ton, the mainstream negotiation in Shandong is 2200-2300 yuan / ton, and the price in Hebei is 3000-3300 yuan / ton.

 

This week, the domestic price of concentrated nitric acid declined slightly, with the weekend price of 1983.33 yuan / ton, 0.83% lower than the price of 2000 yuan / ton at the beginning of the week. Jiangsu Hongze Yinzhu chemical quoted 2050 yuan / ton; Anhui Jinhe quoted 1900 yuan / ton; Shandong helitai quoted 2100 yuan / ton. The price of synthetic chemical industry in Wenshui County is 1950 yuan / ton. In recent years, the domestic maintenance units are running normally, the supply of concentrated nitric acid market is normal, and the delivery of goods in the market is general. The price trend of nitric acid in the market has dropped slightly. The decline of nitric acid price is the bad influence of ammonium nitrate Market, and the price trend of ammonium nitrate Market is temporarily stable.

 

The price trend of upstream liquid ammonia was temporarily stable this week, with the weekend price of 3360 yuan / ton, which was flat compared with the price of 3360 yuan / ton at the beginning of the week. The start-up of liquid ammonia plant in the yard is normal, the spot supply in the yard is normal, and the price trend of liquid ammonia market is temporarily stable. In terms of fundamentals, the price of liquid ammonia in Shandong generally remains high. Due to the low inventory pressure, the operating rate of manufacturers remains at a reasonable level, and there is a certain price difference with other regions in China, especially the northeast region, which also undertakes some external orders, the price remains high. The ammonia quantity in Shandong Province is basically in the balance of supply and demand, which still has some support for the price. From the perspective of the downstream, the demand for agricultural fertilizer is slightly insufficient in the off-season. This week, the price of the upstream remains high, and the price trend of ammonium nitrate Market is temporarily stable.

 

In the near future, the demand of downstream civil explosive industry is normal, and the production and marketing of nitro compound fertilizer is normal, and the price trend of raw material market has dropped slightly. However, the spot supply of ammonium nitrate is general, which has a certain positive support for the ammonium nitrate Market. The ammonium nitrate analysts of business community believe that the market price of ammonium nitrate may remain volatile in the later period.

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