The market price trend of ammonium nitrate rose slightly this week (1.11-1.15)

According to statistics, the domestic ammonium nitrate price rose slightly this week. By the end of the week, the domestic ammonium nitrate market price was 2860 yuan / ton, 0.35% higher than the price of 2850 yuan / ton at the beginning of the week, and 20.17% higher than the same period last year. On January 15, the commodity index of ammonium nitrate was 150.53, which was the same as yesterday, decreased by 1.38% compared with 152.63 points (2020-11-24), the highest point in the cycle, and increased by 94.56% compared with 77.37 points, the lowest point 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 rose slightly. Domestic ammonium nitrate manufacturers started their plants normally, and the supply of ammonium nitrate in the yard was slightly tight. Some manufacturers reported that the delivery situation was general, and the price trend of manufacturers rose slightly. Recently, the supply of goods in the yard was tight, and the transportation was normal, so the market price of ammonium nitrate rose. 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 prices of some manufacturers rise slightly. Up to now, the mainstream negotiation in Shaanxi is 2600-2700 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 was stable, with 2050 yuan / ton at the weekend, which was the same as 2050 yuan / ton at the beginning of the week. Jiangsu Hongze Yinzhu chemical quoted 2200 yuan / ton; Anhui Jinhe quoted 2000 yuan / ton; Shandong helitai quoted 2200 yuan / ton. The price of synthetic chemical industry in Wenshui County is 1950 yuan / ton. In recent years, the domestic maintenance units have been running normally, the supply of concentrated nitric acid market is normal, the delivery situation in the market has improved, the price trend of nitric acid in the market remains high, the high price of nitric acid is a good support for the ammonium nitrate Market, and the price trend of ammonium nitrate market rises slightly.

 

The price trend of upstream liquid ammonia rose slightly this week, with the weekend price of 3326.67 yuan / ton, 1.84% higher than the price of 3266.67 yuan / ton at the beginning of the week. The operation of liquid ammonia plant in the yard was normal, the spot supply in the yard was slightly tight, and the price trend of liquid ammonia market rose sharply. In terms of fundamentals, the supply and demand of liquid ammonia market is mainly balanced, and the operation of some plants is stable. It is expected that the supply of ammonia will be mainly balanced in the short term. Therefore, it is expected that the price trend of domestic liquid ammonia market will rise in the near future, which will be supported by the production restriction in some areas such as Shanxi and the decline of operating rate. From the downstream, in the off-season of agricultural fertilizer, the terminal does not pick up the goods, and there is no market in many places, which makes it difficult to maintain the rising trend of liquid ammonia. This week, the upstream prices all rose, and the market price trend of ammonium nitrate rose slightly.

 

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 rises. However, the spot supply of ammonium nitrate is general, which has certain positive support for the ammonium nitrate Market. The ammonium nitrate analysts of business community think that the market price of ammonium nitrate may rise slightly in the later period.

Gamma PGA

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