The market price trend of ammonium nitrate on June 5 is temporarily stable

On June 5, the ammonium nitrate commodity index was 103.51, which was the same as yesterday. It was 12.59% lower than the peak of 118.42 points in the cycle (2019-01-15), and 33.79% higher than the lowest point of 77.37 points on October 31, 2016. (Note: Period refers to 2013-02-01 to date).

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Recently, domestic ammonium nitrate market price trend is temporarily stable. Affected by environmental protection control, domestic ammonium nitrate plant shuts down more, domestic ammonium nitrate plant starts less, but recently with the warming of the weather, the influence of northern air limitation disappears. In addition, due to the complete shutdown of domestic downstream civil explosion industry, domestic ammonium nitrate manufacturers have more stockpiles. Domestic prices are declining. As of the 5th day, the domestic ammonium nitrate market price negotiation was between 1900 and 2050 yuan/ton. Affected by environmental protection, manufacturers in many areas are now forced to limit production or stop production for maintenance and accept environmental protection inspection. The price trend of ammonium nitrate in the field is temporarily stable.

Recently, domestic nitric acid prices have risen, with the market price of 1760 yuan/ton as of the 5th day. The rising trend of nitric acid prices has a positive impact on the market of ammonium nitrate. The price trend of ammonium nitrate is stable. The price trend of liquid ammonia in upstream raw materials has risen slightly, and the price quoted by manufacturers in northern areas has maintained in the range of 3200-3600 yuan/ton as of the 5th day. The price of raw materials in the upstream is rising, which has a positive impact on the ammonium nitrate market. The price trend of ammonium nitrate Market 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 liquid ammonia market is on the rise again. The ammonium nitrate Market is shaking at a low level because of the bad market. Ammonium nitrate analysts believe that the recent upstream raw material market price shocks, but the downstream demand is not good, ammonium nitrate market prices are expected to remain low in the latter part of the shocks.

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