According to the commodity market analysis system of Business Society, the price trend of domestic ammonium nitrate market has remained stable this week. As of the weekend, the market price of ammonium nitrate was 4060 yuan/ton, which is the same as the price of 4060 yuan/ton at the beginning of the week, a year-on-year decrease of 7.31%.

This week, the price trend of domestic ammonium nitrate market has remained stable, with stable operation of domestic ammonium nitrate manufacturers. Recently, the supply of goods on site has been normal, and the downstream procurement situation is still good. The price of ammonium nitrate market is mainly stable. Recently, downstream demand for nitro compound fertilizer has been average, and the purchasing atmosphere in the domestic downstream civil explosive industry has cooled down. Domestic ammonium nitrate manufacturers are operating normally, and the price trend of ammonium nitrate has been stable recently. As of now, the mainstream negotiation prices in Shaanxi region are 5400-5600 yuan/ton, Shandong region is 3800-4000 yuan/ton, and Hebei region is 3900-4000 yuan/ton.

This week, the price of concentrated nitric acid in China has slightly declined. As of the weekend, the average price of nitric acid in China was 1840 yuan/ton, a decrease of 2.65% compared to the price of 1890 yuan/ton at the beginning of the week. Mainstream enterprises in East China offer a price range of 1800-1900 yuan/ton, while those in the North and Central China offer a price range of 1800-2000 yuan/ton. At present, the supply side of the concentrated nitric acid market is sufficient, and the cost trend has slightly increased. The market mainly relies on orders, and the transaction situation is not good. Industry insiders are mostly wait-and-see, and the on-site price of nitric acid has slightly decreased. The price trend of ammonium nitrate in the market is stable.

The price trend of upstream liquid ammonia has increased this week. As of the weekend, the price of liquid ammonia was 3200 yuan/ton, which is 7.50% higher than the price of 2976.67 yuan/ton at the beginning of the week. The amount of ammonia released in the main production areas in the north has decreased, and some units in Shandong have started operating steadily. The market has shown tight supply, and prices of large factories in Shandong and surrounding Hebei have generally risen. In addition, downstream procurement enthusiasm has increased, supply and demand contradictions have eased, and manufacturers have raised factory prices. Currently, the mainstream quotation in Shandong region is between 3200-3300 yuan/ton, and the market price of ammonium nitrate has not changed much due to cost support.

Recently, the downstream civil explosive industry procurement has come to an end, and the demand for nitro compound fertilizer is in the off-season, with a downward trend in nitric acid prices. However, the upstream liquid ammonia price has risen, and the combined influence of long and short factors has led to fluctuations in the market price of ammonium nitrate, according to analysts from Business Society.