According to statistics, the price trend of domestic ammonium nitrate market was temporarily stable in October. As of the end of the month, the market price of ammonium nitrate was 3930 yuan/ton, which was flat compared with the price of 3930 yuan/ton at the beginning of the month, down 16.38% year on year.

In October, the domestic ammonium nitrate market price trend was temporarily stable, the domestic ammonium nitrate manufacturers’ devices operated stably, the supply of goods on the site was normal in the near future, the goods on the site were generally shipped, the manufacturer’s inventory was low, the terminal upstream coal price trend was stable, the nitric acid price trend rose, the liquid ammonia price trend fell, the downstream demand was general, and the ammonium nitrate market price was stable. Recently, the shipping market of ammonium nitrate manufacturers is normal, and the downstream is purchased on demand. Recently, the trend of downstream nitro compound fertilizer is stable. The domestic downstream civil explosive industry is gradually entering the peak season. The domestic ammonium nitrate manufacturers are operating normally, and the market price of ammonium nitrate is temporarily stable. Up to now, the mainstream of negotiation in Shaanxi is 4800-5000 yuan/ton, that in Shandong is 3800-3900 yuan/ton, and that in Hebei is 3900-4000 yuan/ton.

In October, the price trend of domestic concentrated nitric acid rose slightly. As of the end of the month, the average price of domestic nitric acid was 2366.67 yuan/ton, up 1.67% from 2333.33 yuan/ton at the beginning of the month. Shaanxi Xinghua offers 2150 yuan/ton; Anhui Jinhe offers 2500 yuan/ton. Recently, the domestic nitric acid plant has been operating stably, the supply of concentrated nitric acid market has been normal, the goods on the site have improved, the price of nitric acid market has risen, and the price of raw nitric acid has risen, forming a certain positive support for the ammonium nitrate market, and the price of ammonium nitrate market has remained stable.

In October, the price trend of domestic liquid ammonia market in the upstream declined. As of the end of the month, the price of liquid ammonia was 4113.33 yuan/ton, 5.95% lower than the price of 4373.33 yuan/ton at the beginning of the month. Prices in many places in China have declined to varying degrees, with the main production areas such as Shandong, Hebei and Lianghu falling by 200-300 yuan/ton. Shipments in Shandong, Hebei, Lianghu, Fujian and other places have increased significantly, and with the effect of manufacturers’ successive price reductions, shipments have become more powerful. Moreover, due to the downward price of urea, many enterprises have switched to liquid ammonia production, and the short-term ammonia volume has increased significantly, so the supply pressure has increased significantly. The price decline of upstream liquid ammonia has a negative impact on the market price of ammonium nitrate, and the price trend of ammonium nitrate is stable.

Recently, the downstream procurement has increased, which has brought certain benefits to the ammonium nitrate market. The market price of raw nitric acid has risen slightly, but the price trend of liquid ammonia has fallen back. The ammonium nitrate analysts of the business community believe that the market price of ammonium nitrate may rise slightly in the later period.