Ammonium Nitrate Market Price Rising on September 18

On September 18, the ammonium nitrate commodity index was 106.14, up 1.75 points from yesterday, down 10.37% from 118.42 points in the cycle (2019-01-15), and up 37.18% from 77.37 points on October 31, 2016. (Note: Period refers to 2013-02-01 to date).

Domestic ammonium nitrate market prices rose on the 16th. Domestic ammonium nitrate plants operated smoothly. Supported by the rising price of upstream raw material nitric acid, ammonium nitrate market prices rose, ammonium nitrate manufacturers shipment market was general, downstream on-demand procurement, combined with environmental protection control, the downstream civil explosion industry in China was still shut down a lot. Ammonium nitrate manufacturers have limited start-up, and the prices on the site have risen slightly. Up to now, the mainstream of negotiations in Shaanxi is 2100-2200 yuan/ton, the mainstream in Shandong is 2000-2100 yuan/ton, and the price in Hebei is 1850-2000 yuan/ton. Affected by environmental protection, some downstream factories are forced to limit production or stop production for maintenance and accept environmental protection inspection. The demand for ammonium nitrate is at a low level, and the market price of ammonium nitrate is small. The amplitude is higher.

Recently, the price of nitric acid in domestic market has risen sharply. The price quoted by mainstream manufacturers in Jiangsu province ranged from 1950 to 2000 yuan/ton, and the price increased by 500 yuan/ton. Anhui mainstream manufacturers quoted 1900-2000 yuan per ton, the price rose. Shandong manufacturers quoted 1900-2050 yuan/ton, the price trend rose. The situation of nitric acid shipment has improved, and the rising trend of nitric acid price has a positive impact on the ammonium nitrate market. The price of ammonium nitrate has gone up; the domestic liquid ammonia Market in the upstream is rising, and the market turnover is still acceptable. The market price of liquid ammonia is 3210 yuan/ton, which is affected by the lower cost in the upstream, together with the inventory pressure of most manufacturers. Compared with the previous period, some units have been restarted and local ammonia supply has increased in the region. Especially in Shanxi and North China, most manufacturers have sufficient supply of ammonia. The price quoted by manufacturers in North China is maintained in the range of 3000-3400 yuan/ton and 2500-2800 yuan/ton in Northwest China. The rising price of liquid ammonia is related to the downstream ammonium nitrate Market belt. To some extent, the market price of ammonium nitrate has gone up. In recent years, the market of the downstream civil explosion industry has not changed much. The market demand for ammonium nitrate is limited, and ammonium nitrate manufacturers have high stocks. However, the price of raw materials market has risen, and the market of ammonium nitrate has generally risen by a limited margin due to the market. Ammonium nitrate analysts believe that the recent upstream raw material nitric acid market prices have risen sharply, downstream demand is still at a low level, expected to be affected by raw material support in the latter part of the ammonium nitrate market prices or will rise slightly.