According to statistics, the domestic ammonium nitrate market price trend was stable this week. As of the weekend, the market price of ammonium nitrate was 4380 yuan/ton, which was flat compared to the price of 4380 yuan/ton at the beginning of the week, with a year-on-year increase of 1.86%.

This week, the domestic ammonium nitrate market price trend has been stable, and the domestic ammonium nitrate manufacturers’ devices have been operating stably. Recently, the supply of goods on the site has been normal, and the situation of goods on the site is normal. The manufacturer’s inventory is not high, and the price trend of liquid ammonia upstream of the terminal has declined. In addition, the price trend of nitric acid has been stable, and the price trend of ammonium nitrate has been temporarily stable. Recently, the shipping market of ammonium nitrate manufacturers is normal, and downstream purchases are on demand. Recently, the demand for nitro compound fertilizer in the downstream is normal, and the procurement in the domestic downstream civil explosive industry is average. The domestic ammonium nitrate manufacturers have not started operations high, and the recent price of ammonium nitrate is still mainly stable. Up to now, the mainstream of negotiation in Shaanxi is 5300-5400 yuan/ton, the mainstream of negotiation in Shandong is 4500-4600 yuan/ton, and the price in Hebei is 4600-4700 yuan/ton.

The price trend of concentrated nitric acid in China this week is temporarily stable, with the average domestic nitric acid price of 2466.67 yuan/ton as of the 24th, which is unchanged from the price of 2466.67 yuan/ton at the beginning of the week. Recently, the operation of domestic nitric acid plants has been stable, the supply of concentrated nitric acid in the market has been normal, and the on-site shipment situation is good. Recently, the price trend of nitric acid in the market has been stable, and the stable price of raw material nitric acid is beneficial to the ammonium nitrate market. The market price of ammonium nitrate is temporarily stable.

The price trend of upstream liquid ammonia declined this week, with the price of liquid ammonia reaching 3983.33 yuan/ton as of the weekend, down 4.17% from 4156.67 yuan/ton at the beginning of the week. Prices in major production areas such as Shandong, Hebei, Jiangsu, Anhui, and Lianghu have all declined. Recently, maintenance enterprises in central and southern China have concentrated on resuming production of devices, resulting in a surge in supply, which is compounded by a negative agricultural demand window. The imbalance between supply and demand in the market has led to a significant price decline. Currently, the mainstream price of liquid ammonia in Shandong is 3900-4000 yuan/ton, with a cumulative decrease of around 200 yuan/ton. The decline in upstream liquid ammonia prices has brought a certain negative impact on the ammonium nitrate market, and the market price of ammonium nitrate is temporarily stable.

Recently, the demand in the downstream civil explosive industry has weakened, the price trend of liquid ammonia market has declined, the price trend of nitric acid has temporarily stabilized, and the spot supply of ammonium nitrate is normal. The ammonium nitrate analyst from the business association believes that the market price of ammonium nitrate may decline slightly in the future.