According to the commodity market analysis system of Shengyishe, the domestic ammonium nitrate market price trend remained stable in December. As of the end of the month, the market price of ammonium nitrate was 4000 yuan/ton, which was the same as the price of 4000 yuan/ton at the beginning of the month, and the year-on-year price decreased by 6.54%.
In December, the domestic ammonium nitrate market prices remained stable, with stable operation of domestic ammonium nitrate manufacturers. Recently, the supply of goods on site has been normal, and the sales situation is average. Downstream demand is normal, and the price trend of ammonium nitrate market is temporarily stable. Recently, the shipping market of ammonium nitrate manufacturers has been normal, and downstream purchases are on demand. Recently, downstream purchases of nitro compound fertilizers have been average, and domestic purchases in the downstream civil explosive industry have been normal. Domestic ammonium nitrate manufacturers are operating normally, and the market price of ammonium nitrate is mainly stable. As of now, the mainstream negotiation prices in Shaanxi region are 5200-5300 yuan/ton, Shandong region is 3800-4000 yuan/ton, and Hebei region is 3800-3900 yuan/ton.
The price trend of concentrated nitric acid in China declined in December, with an average price of 2183.33 yuan/ton as of the end of the month, a decrease of 2.96% compared to the price of 2250 yuan/ton at the beginning of the month. Mainstream enterprises in East China offer prices ranging from 2100 to 2300 yuan/ton, while those in the North and Central China offer prices ranging from 2200 to 2300 yuan/ton. At present, the supply side of the concentrated nitric acid market has not changed much, and the cost trend has slightly decreased. The supply of the concentrated nitric acid market is normal, and the market mainly relies on orders. The market transaction situation is not good, and industry insiders are mostly wait-and-see. The on-site price of nitric acid has slightly decreased, and the price trend of ammonium nitrate market is stable.
In December, the domestic liquid ammonia market prices were mainly volatile. As of the end of the month, the price of liquid ammonia was 3940 yuan/ton, an increase of 0.60% from the beginning of the month’s price of 3916.67 yuan/ton. In December, the price of liquid ammonia first increased and then decreased. Overall, the price change is not significant. In early December, due to tight supply, the northern region was mainly affected by equipment maintenance by manufacturers, and some devices were put into operation under reduced load. The supply volume was delayed and manufacturers and distributors reported an increase in prices. In the later stage, the maintenance equipment was restarted, and the amount of ammonia released increased. The price trend of liquid ammonia in the market declined, and since December, the import supply has been relatively normal. From the demand side, downstream demand is relatively stable, and the atmosphere of urea speculation is falling, which is bearish for the domestic liquid ammonia market. The trend of the liquid ammonia market is falling. Overall, the price of liquid ammonia in the market slightly increased in December, and the fluctuation of ammonium nitrate prices was not significant due to this impact.
Recently, there has been an increase in downstream purchase orders, but the market price of raw material nitric acid has declined, and the price trend of liquid ammonia has shown a downward trend. The combined influence of bullish and bearish factors has led to a stable trend in the market price of ammonium nitrate in the future, according to analy
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sts from Business Society.