Price trend of ammonium nitrate market rose this week (5.17-5.21)

According to statistics, the domestic ammonium nitrate price rose this week. By the end of the week, the domestic ammonium nitrate market price was 3260 yuan / ton, 0.62% higher than the price of 3240 yuan / ton at the beginning of the week, 39.91% higher than the same period last year. On May 20, the ammonium nitrate commodity index was 171.58, up 1.05 points from yesterday, reaching a record high in the cycle, up 121.77% from the lowest point of 77.37 on October 31, 2016( Note: period refers to the period from February 1, 2013 to now).

This week, the domestic market price of ammonium nitrate reached a historical high. The start-up of domestic ammonium nitrate plants was generally normal, and the supply of ammonium nitrate in the plant was normal. Some manufacturers reported that the price of upstream raw materials rose, and the factory price reached a record high. Recently, the supply of goods in the plant was tight, and the transportation was normal, so the market price of ammonium nitrate rose. Recently, the shipment market of ammonium nitrate manufacturers is normal, and the downstream is purchased on demand. The domestic ammonium nitrate manufacturers start to work normally, and the price trend of some manufacturers increases greatly. Up to now, the mainstream negotiation in Shaanxi is 3000-3200 yuan / ton, the mainstream negotiation in Shandong is 2500-2800 yuan / ton, and the price in Hebei is 3800-4000 yuan / ton.

This week, the domestic price of concentrated nitric acid was temporarily stable, with the weekend price of 2250 yuan / ton, which was the same as the price of 2250 yuan / ton at the beginning of the week. Jiangsu Hongze Yinzhu chemical quoted 2200 yuan / ton; Anhui Jinhe quoted 2200 yuan / ton; Shandong helitai quoted 2400 yuan / ton. Shaanxi Xinghua quoted 2150 yuan / ton. In recent years, the domestic maintenance units have been running normally, the supply of concentrated nitric acid is normal, the delivery of goods in the yard is general, the price trend of nitric acid in the yard is stable, and the price trend of ammonium nitrate in the market is rising.

The price trend of upstream liquid ammonia rose this week, with 3900 yuan / ton at the weekend, up 1.91% from 3846.67 yuan / ton at the beginning of the week. The start-up of liquid ammonia plant in the yard was normal, the spot supply in the yard was normal, and the price trend of liquid ammonia market rose. In terms of fundamentals, the price of liquid ammonia rose in Shandong. Due to the decline of inventory pressure, the operating rate of manufacturers remained at a reasonable level, and there was a certain price difference with other regions in China, the price of liquid ammonia decreased slightly. The ammonia quantity in Shandong Province is basically in the balance of supply and demand, which still has some support for the price. In the lower reaches, the agricultural fertilizer use has increased, the demand in the lower reaches is general, and the market price trend of ammonium nitrate remains high.

In the near future, the demand of downstream civil explosive industry is normal, and the production and marketing of nitro compound fertilizer is normal, and the price trend of raw material market rises slightly. However, the spot supply of ammonium nitrate in the market is general, and the cost rise has a certain positive effect. The ammonium nitrate analysts of business community believe that the market price of ammonium nitrate may maintain a high and stable level in the future.

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