According to statistics, the domestic ammonium nitrate price trend has risen significantly this week. As of the end of the week, the domestic market price of ammonium nitrate is 3480 yuan / ton, up 6.75% compared with the price of 3260 yuan / ton at the beginning of the week, up 49.36% year on year. The commodity index of ammonium nitrate on June 3 was 179.47, up 3.68 points from yesterday, a record high in the cycle, up 131.96% from the lowest point of 77.37 on October 31, 2016（ Note: the cycle refers to February 1, 2013 to present).
This week, the domestic market price of ammonium nitrate has reached a historical high. The plant starts in domestic ammonium nitrate manufacturers are generally started. The supply in the ammonium nitrate plant is normal. Some manufacturers reflect that the price of raw materials of coal in the upstream is at a high level, the cost has increased greatly, the price of the manufacturer has reached a historical high. In the near future, the supply of goods in the field is tight, the transportation is normal, and the market price of ammonium nitrate continues to rise. In recent years, the shipment of ammonium nitrate manufacturers is normal, downstream on demand procurement, domestic ammonium nitrate manufacturers started normal, some manufacturers’ price trend has increased greatly. Up to now, the mainstream of Shaanxi negotiation is 3500-3600 yuan / ton, Shandong negotiation mainstream is 2700-2900 yuan / ton, Hebei local price is 4300-4400 yuan / ton.
The domestic price of concentrated nitric acid is stable for a while this week, with the weekend price of 2233.33 yuan / ton, which is the same as that of the beginning of the week, and the price of Hongze Yinzhu chemical industry in Jiangsu Province is 2200 yuan / ton; Anhui Jinhe offers 2100 yuan / ton; Shandong helitai offers 2400 yuan / ton. Shaanxi Xinghua quoted 2100 yuan / ton. Recently, the domestic maintenance equipment is in normal operation, the supply of concentrated nitric acid market is normal, the goods are generally transported in the field, the price trend in the nitric acid field is stable, and the market price of ammonium nitrate is rising.
The price trend of upstream liquid ammonia rose this week, with the weekend price of 4350 yuan / ton, up 4.23% from the price of 4173.33 yuan / ton at the beginning of the week. The plant in the liquid ammonia plant is under normal operation, the spot supply is normal, and the price trend of liquid ammonia market is rising. On the basic level, the price of liquid ammonia in Shandong Province has risen. Due to the decline of inventory pressure, the factory commencement rate remains reasonable, and there is a certain price difference with other regions in China, and the price of liquid ammonia is small. The ammonia quantity in Shandong is basically in the state of supply and demand, which still supports the price. In the downstream, the current agricultural fertilizer has increased, the demand of downstream is general, and the market price of ammonium nitrate is rising.
In recent years, the demand of the downstream civil explosive industry is normal, and the production and marketing of nitro compound fertilizer is normal, the price trend of raw material market continues to rise, and the price of coal market remains high. However, the spot supply in ammonium nitrate is generally available, and the cost increase has a positive effect. The business agency ammonium nitrate analysts believe that there will be room for the rise of the market price of ammonium nitrate in the later period.