The price trend of ammonium nitrate rose in June

According to statistics, the price trend of domestic ammonium nitrate market rose in June. By the end of the month, the market price of ammonium nitrate was 3480 yuan / ton, 4.5% higher than the price of 3330 yuan / ton at the beginning of the month, and 48.72% higher than the same period last year.

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The price trend of domestic ammonium nitrate market rose in June. The domestic ammonium nitrate plants operated stably. In the near future, the supply of goods on the site was normal, the goods on the site were in general, the manufacturers’ inventory was not high, the price of coal on the upstream of the terminal was high, and the price of raw material liquid ammonia continued to rise, so the price of ammonium nitrate rose. In the near future, the shipping market of ammonium nitrate manufacturers is general, and the downstream is purchased on demand. In the near future, the trend of nitro compound fertilizer in the downstream is stable. There are still many production stops in the domestic downstream civil explosive industry, and the domestic ammonium nitrate manufacturers start to work normally. Affected by the cost support, the price of ammonium nitrate market rises. Up to now, the mainstream of negotiation in Shaanxi is 3500-3600 yuan / ton, that in Shandong is 2800-3000 yuan / ton, and that in Hebei is 4100-4300 yuan / ton.

The price trend of domestic concentrated nitric acid rose in June. By the end of the month, the average price of domestic nitric acid was 2316.67 yuan / ton, up 3.73% from 2233.33 yuan / ton at the beginning of the month. Shanxi Xinghua quoted 2300 yuan / ton; Anhui Jinhe quoted 2350 yuan / ton; Shandong helitai quoted 2500 yuan / ton. Recently, the domestic nitric acid plant has been running stably, the supply of concentrated nitric acid market is normal, and the delivery of goods in the market is general. In June, the price trend of nitric acid market rises, and the price of raw nitric acid rises, which forms a certain positive support for the ammonium nitrate market, and the market price of ammonium nitrate continues to rise.

The price of domestic liquid ammonia in the upstream market rose slightly in June. By the end of the month, the price of liquid ammonia was 4433.33 yuan / ton, up 4.31% from 4250 yuan / ton at the beginning of the month. According to the monitoring of the business community, the market price has broken through the 4000 mark, reaching a five-year high. The soaring price of liquid ammonia is the result of the dual effects of higher cost and tight supply and demand. On the one hand, after the May Day holiday, with the support of inflation expectations, domestic commodities ushered in a new round of rising cycle, especially the upstream products of liquid ammonia, such as coal and methanol, rose sharply. In addition, the urea market has soared recently, and most of the low-level ammonia enterprises have concentrated on producing urea, which exacerbates the shortage of liquid ammonia. Jiangsu Hengsheng produces all the urea, and it is difficult to ease the shortage of market supply. The price of upstream liquid ammonia continued to rise, forming a certain positive support for the ammonium nitrate Market, and the market price of ammonium nitrate rose sharply.

In the near future, the demand of downstream civil explosive industry is general, and the market demand for ammonium nitrate is normal. However, the high price of raw material market has a certain supporting role for the ammonium nitrate Market. The ammonium nitrate analysts of business community believe that the market price of ammonium nitrate will remain high in the later period.

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