According to the commodity market analysis system of Shengyishe, the domestic ammonium nitrate market price trend remained stable in February. As of the end of the month, the market price of ammonium nitrate was 4060 yuan/ton, which was the same as the price of 4060 yuan/ton at the beginning of the month, and the year-on-year price decreased by 6.45%.

In February, the domestic ammonium nitrate market was mainly stable in price, with stable operation of domestic ammonium nitrate manufacturers. Recently, the supply of goods on site has been normal, and the sales situation is average. Downstream demand is normal, and the price trend of ammonium nitrate market is temporarily stable. Recently, the shipping market of ammonium nitrate manufacturers has been normal, and downstream purchases are on demand. Recently, downstream purchases of nitro compound fertilizers have been average, and domestic purchases in the downstream civil explosive industry have been average. Domestic ammonium nitrate manufacturers are operating normally, and the market price of ammonium nitrate is mainly stable. As of now, the mainstream negotiation prices in Shaanxi region are 5500-5600 yuan/ton, Shandong region is 3800-4000 yuan/ton, and Hebei region is 3800-3900 yuan/ton.

The price trend of concentrated nitric acid in China declined in February, with an average price of 1916.67 yuan/ton as of the end of the month, a 4.17% decrease from the price of 2000 yuan/ton at the beginning of the month. Mainstream enterprises in East China offer a price range of 1900-2000 yuan/ton, while those in the North and Central China offer a price range of 1800-2000 yuan/ton. At present, there is not much change in the supply side of the concentrated nitric acid market. The supply of concentrated nitric acid is normal, and the market mainly relies on orders. The market transaction situation is not good, and industry insiders are mostly wait-and-see. The price of nitric acid in the market has slightly decreased, and the price trend of ammonium nitrate in the market is stable.

The domestic liquid ammonia market price trend declined in February, with a price of 2960 yuan/ton as of the end of the month, a decrease of 8.55% from the initial price of 3236.67 yuan/ton. The liquid ammonia price trend declined in February. The amount of ammonia released in the main production areas in the north has not changed much, and some units in Shandong have started operating steadily. The market has shown sufficient supply, and prices of large factories in Shandong and surrounding Hebei have generally declined. In addition, downstream procurement enthusiasm is poor, and there is a sharp supply-demand contradiction. Some manufacturers have lowered their factory prices. Currently, the mainstream quotation in Shandong is between 2900-3000 yuan/ton, and the fluctuation of ammonium nitrate prices is not significant due to this impact.

Recently, the downstream purchase order situation has been average, coupled with a downward trend in the market price of raw material nitric acid. However, there is an upward trend in the price of liquid ammonia, which is influenced by both long and short factors. The ammonium nitrate analyst at Business Society believes that the market price of ammonium nitrate may stabilize in the future.