On November 9, the market of ammonium chloride was stable

Trade name: ammonium chloride

 

EDTA

Latest price (November 9): 627.50 yuan / ton

 

Key points of analysis: the market of ammonium chloride is stable. According to the monitoring of business agency, the price of dry ammonium chloride in China was 627.50 yuan / ton on the 9th, which was the same as the price of the previous day. According to the understanding of the business association, the overall operating rate of the combined alkali plant is about 70%. At present, some enterprises have started to stop for maintenance, and the maintenance enterprises in the later stage may increase. The overall operating rate will further decrease, so as to relieve the pressure of ammonium chloride inventory. The overall demand is still light. According to the business agency, the overall operating rate of domestic scale compound fertilizer enterprises is between 40% and 50%. The ex factory price of ammonium chloride is basically stable. According to the monitoring of the business agency, the 600000 T / a ammonium chloride plant of China Salt Kunshan will be in normal operation on November 9, 2020, with the ex factory price of 610 yuan / ton and the factory price of wet ammonium 540 yuan / ton.

 

After market forecast, demand off-season, combined with high inventory, it is expected that the market of ammonium chloride will continue to be weak and stable in the short term. With the increase of maintenance efforts of enterprises, there may be a slight rebound in the later period.

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