The cost of raw materials continued to support, and the ammonium chloride market rose first and then stabilized in June. According to the monitoring data of business agency, the price of ammonium chloride was around 1527 yuan / ton at the beginning of June and 1590 yuan / ton at the end of June, up 4.09%.

At the beginning of the month, the prices of raw liquid ammonia and nitrogen fertilizer urea were high, which supported ammonium chloride from the perspective of cost and substitutability; From the middle and late part of the month, on the one hand, the pending orders of ammonium chloride enterprises are still sufficient, and most of them have been arranged until the end of the month; On the other hand, with the arrival of the off-season of fertilizer use, the downstream spot market is nearing the end of the procurement of ammonium chloride, and the market transaction is gradually declining. In addition, the prices of liquid ammonia and urea are lower, which has led to the loose offer of individual merchants of ammonium chloride and has a short impact on ammonium chloride.

In June, the price of raw liquid ammonia fell sharply, and the cost side weakened. According to the monitoring of business agency, as of June 30, the price of domestic liquid ammonia was 4790 yuan / ton, down 9.45% from 5290 yuan / ton at the beginning of the month. Prices in Shandong, Shanxi, Hebei, Henan and Hubei all fell to varying degrees, with a decline range of more than 500 yuan / ton. The market supply has changed, and the ammonia supply has increased. However, the demand for fertilizer in the downstream is weak, and the resistance to high prices has further suppressed some rigid demand. Lower downstream prices, terminal prices have also declined. According to the monitoring of business agency, as of June 30, the mainstream quotation range of liquid ammonia in Shandong is 4500-4750 yuan / ton

In June, the price of urea fell, and the support for ammonium chloride weakened. As of June 30, the domestic urea price was 3053 yuan / ton, down 4.62% from 3201 yuan / ton at the beginning of the month. Although the price of urea fell in June, it was still above 3000 yuan / ton, which still supported ammonium chloride from the perspective of price difference. From the perspective of demand: the agricultural demand is general, and the industrial demand is mainly rigid. The agricultural demand in some areas is supplemented appropriately. The enterprises of compound fertilizer and rubber plate factories started work in general, and just needed to purchase. The price of melamine fell slightly, and their enthusiasm for urea procurement weakened. From the perspective of supply: some manufacturers plan to overhaul recently, and the daily output of urea has decreased slightly, so the supply is relatively insufficient

On the one hand, the enterprises with maintenance plans in June include Zhongyan Kunshan, Xuzhou Fengcheng and Tongbai Haijing, involving a unit capacity of about 2.15 million tons. In the later stage, Jiangxi Jinghao, Jiangsu Shilian and Hunan Chongqing salinization also have maintenance plans, and there is little pressure on the supply side. On the other hand, the demand has gradually entered the off-season, coupled with the lower price of raw materials, the cost and demand side are relatively weak. So that ammonium chloride formed a stalemate in the middle and late June

Future forecast: the ammonium chloride analyst of business society believes that the current ammonium chloride industry chain is intertwined with long and short factors. Under the current weak demand, if the urea price is still strong in the later stage, the ammonium chloride price will continue to be high and strong, otherwise, the ammonium chloride city will enter the downward channel.