March 6 Ammonium Nitrate Market Price Stability

On March 5, the ammonium nitrate commodity index was 108.77, which was the same as yesterday. It was 8.15% lower than the cyclical peak of 118.42 points (2019-01-15), and 40.58% higher than the lowest point of 77.37 on October 31, 2016. (Note: Period refers to 2013-02-01 to date)

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Recently, the price trend of domestic ammonium nitrate Market has been temporarily stable. Affected by environmental protection control and natural gas limitation of upstream raw materials, domestic ammonium nitrate plants have been shut down more and domestic ammonium nitrate plants have started less. However, due to the complete shutdown of domestic downstream civil explosion industry, domestic ammonium nitrate manufacturers have more stockpiles and the price trend is temporarily stable. By the end of the weekend, the domestic ammonium nitrate market price negotiation was in the range of 1900-2100 yuan/ton, which was affected by environmental protection and gas limitation, so now manufacturers in many areas are forced to limit production or stop production for maintenance to accept environmental protection inspection, and the price trend of ammonium nitrate in the field is shaking.

Recently, the price of domestic nitric acid has been temporarily stable, the price of 6I market is 1550 yuan/ton, the price of nitric acid has little influence on the ammonium nitrate market, and the price of ammonium nitrate is temporarily stable; the price of upstream raw material liquid ammonia has risen slightly, and the price of liquid ammonia market is 2916.67 yuan/ton on the 6th day. The rising price of upstream raw material has a positive impact on the market of ammonium nitrate. Market price trend is temporarily stable. At the end of the peak season of the downstream civil explosion industry recently, the demand for ammonium nitrate has weakened, and the stocks of ammonium nitrate manufacturers have increased, but the nitric acid market has risen again, and the price trend of ammonium nitrate is temporarily stable. Ammonium nitrate analysts believe that the price of upstream raw materials market has risen slightly in the near future, and they expect that the price of ammonium nitrate Market will remain volatile in the later period.

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