On August 21, the ammonium nitrate commodity index was 103.51, which was the same as yesterday. It was 12.59% lower than the cyclical peak of 118.42 points (2019-01-15), and 33.79% higher than the lowest point of 77.37 on October 31, 2016. (Note: Period refers to 2013-02-01 to date).
Recently, the domestic ammonium nitrate market price has maintained stable, the domestic ammonium nitrate plant is running smoothly, and is in the off-season of downstream demand. The ammonium nitrate manufacturer’s shipment quotation is general, the downstream is purchased on demand, combined with the impact of environmental protection control, the downstream civil explosion industry in China has stopped production more, the domestic ammonium nitrate manufacturer has limited start-up, and the on-site price. Maintain a low level. By the end of the weekend, the mainstream in Shaanxi was 1950-2050 yuan/ton, Shandong was 1900-2000 yuan/ton, and Hebei was 1850-1950 yuan/ton. Affected by environmental protection, some downstream factories were forced to limit production or stop production for maintenance to accept environmental protection inspection. The demand for ammonium nitrate was at a low level, and the market price of ammonium nitrate was maintained. Keep oscillating.
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Recently, the price of nitric acid in China has declined. As of 21, the market price was 1610 yuan/ton. The price of nitric acid in China has fallen, which has a negative impact on the ammonium nitrate market. Jiangsu mainstream manufacturers quoted 1600 yuan/ton, Anhui mainstream manufacturers quoted 1620 yuan/ton, Shandong manufacturers quoted 1620 yuan/ton. The decline of nitric acid prices has a negative impact on the ammonium nitrate market, and the price trend of ammonium nitrate has maintained a low level. The market turnover is still acceptable. The market price of liquid ammonia is 3200 yuan/ton. The upstream cost of liquid ammonia is lower. In addition, most of the manufacturers’inventory pressure has increased compared with the previous period. Some plants have been restarted and the local ammonia supply in the region has increased. Especially in Shanxi and North China, most of the manufacturers have sufficient supply of ammonia, while the manufacturers in the northern region have sufficient supply of ammonia. The price is maintained in the range of 2900-3400 yuan/ton and 2500-2600 yuan/ton in Northwest China. The low level of liquid ammonia has a negative impact on the downstream ammonium nitrate market. At the end of the peak season of the downstream civil explosion industry recently, the demand for ammonium nitrate has weakened and the inventory of ammonium nitrate manufacturers has increased. However, the price trend of liquid ammonia market is temporarily stable, and the market of ammonium nitrate is shaking at a low level due to the bad market. Ammonium nitrate analysts believe that the recent upstream raw material market prices remain volatile, but the downstream demand is not good, ammonium nitrate market prices are expected to decline slightly later.
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