According to the commodity market analysis system of the business community, the price trend of the domestic ammonium nitrate market was temporarily stable this week. As of the weekend, the market price of ammonium nitrate was 4030 yuan/ton, unchanged from the beginning of the week’s price of 4030 yuan/ton, down 12.96% year on year.

This week, the price trend of the domestic ammonium nitrate market was temporarily stable, and the domestic ammonium nitrate manufacturers’ devices were operating stably. Recently, the supply of goods on the site was sufficient, the goods on the site were generally shipped, the manufacturer’s inventory was not high, the price of liquid ammonia at the upstream of the terminal was volatile, the price of nitric acid was low, and the price of ammonium nitrate was temporarily stable. Recently, the shipping market of ammonium nitrate manufacturers has been normal, and downstream purchases are on demand. Recently, downstream demand for nitro compound fertilizers has been normal, while domestic procurement in the downstream civilian explosive industry is average. Domestic ammonium nitrate manufacturers have not started production high, and the price of ammonium nitrate has been stable recently. As of now, the mainstream negotiation prices in Shaanxi region are 4900-5100 yuan/ton, Shandong region is 3900-4100 yuan/ton, and Hebei region is 4000-4100 yuan/ton.

The price trend of concentrated nitric acid in China has declined this week, with an average price of 2033.33 yuan/ton as of the 2nd, a decrease of 1.61% compared to the price of 2066.67 yuan/ton at the beginning of the week. Mainstream enterprises in East China offer prices ranging from 2000 to 2200 yuan/ton, while northern and central China offer prices ranging from 1900 to 2000 yuan/ton. At present, the pressure on the supply side of the concentrated nitric acid market is not decreasing, demand continues to be weak, and costs are declining. The supply of the concentrated nitric acid market is normal, and the market mainly relies on orders. The market volume is average, and industry insiders are mostly wait-and-see. The on-site price of nitric acid is decreasing, and the market situation of ammonium nitrate is weak and stable.

The price trend of upstream liquid ammonia has slightly increased this week. As of the weekend, the price of liquid ammonia was 2950 yuan/ton, an increase of 0.57% compared to the price of 2933.33 yuan/ton at the beginning of the week. Recently, the operation of liquid ammonia manufacturers’ devices has been stable, and the inventory of manufacturers is still acceptable. There has been little change in the amount of ammonia released in China, and some merchants have seen a slight increase in prices. The overall liquid ammonia market situation has not changed much. The price rise of upstream liquid ammonia has brought some positive support to the ammonium nitrate market, and the price of ammonium nitrate market is temporarily stable.

Recently, the demand of downstream civil explosive industry is general, the price trend of liquid ammonia market has a downward trend, the price trend of nitric acid has declined, and the spot supply of ammonium nitrate is sufficient. Ammonium nitrate analysts from the business community believe that the market price of ammonium nitrate may decline slightly in the later period.