On October 16, the market price trend of ammonium nitrate was temporarily stable

On October 16, the ammonium nitrate commodity index was 121.05, the same as yesterday, a record high in the cycle, 56.46% higher than the lowest point of 77.37 on October 31, 2016. (Note: cycle refers to 2013-02-01 to now).

On June 16, the price trend of ammonium nitrate in the domestic market was temporarily stable, the operation of the devices of the domestic ammonium nitrate manufacturers was stable, the delivery market of the ammonium nitrate manufacturers was general, the downstream purchased on demand, and affected by the environmental control, the domestic downstream civil explosive industry still stopped production more, the domestic ammonium nitrate manufacturers started construction limited, and the market price trend was temporarily stable. Up to now, the negotiation mainstream in Shaanxi Province is 2300-2400 yuan / ton, in Shandong Province is 2100-2300 yuan / ton, and in Hebei Province is 2300-2500 yuan / ton. Affected by environmental protection, some downstream manufacturers are forced to limit production or stop production for maintenance and accept environmental protection inspection. The demand for ammonium nitrate is at a low level, but the raw material cost is well supported, and the market price trend of ammonium nitrate is stable.

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In recent years, the price trend of domestic nitric acid market has declined, and the price of mainstream manufacturers in Jiangsu Province is 2100 yuan / ton. The quotation of mainstream manufacturers in Anhui is about 2000 yuan / ton. Shandong manufacturers offer about 2000 yuan / ton, and the price trend declines. The delivery of nitric acid is general. The fall of nitric acid price has a certain negative impact on the market of ammonium nitrate, and the price trend of ammonium nitrate is stable for the time being. The market trend of domestic liquid ammonia in the upstream is stable for the time being, and the market transaction is fair. The market price of liquid ammonia is 3200 yuan / ton. In terms of liquid ammonia, it is affected by the rise of upstream cost, but most of the inventory pressure of manufacturers is increased compared with that in the earlier stage, and some of the devices are heavy. Since then, the local supply of ammonia in the region has increased, especially in Shanxi and North China. The supply of most manufacturers is sufficient. The prices of manufacturers in North China are maintained at 3000-3200 yuan / ton, while those in Northwest China are at 2650-2800 yuan / ton. The temporary stability of liquid ammonia market has a certain cost impact on the downstream ammonium nitrate Market, and the market price of ammonium nitrate is temporarily stable. In the near future, the market of the downstream civil explosive industry has not changed much. The market demand for ammonium nitrate is limited. The inventory of ammonium nitrate manufacturers is high, but the market price of raw materials remains high. The price trend of ammonium nitrate Market is generally stable due to the commodity market. Analysts of ammonium nitrate of business association think that the price of upstream raw material nitric acid market remains at a high level in the near future, and the downstream demand is still at a low level, and it is expected that the market price of ammonium nitrate will fall slightly in the later stage.

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