On October 21, the ammonium nitrate commodity index was 121.05, the same as yesterday, a record high in the cycle, 56.46% higher than the lowest point of 77.37 on October 31, 2016. (Note: cycle refers to 2013-02-01 to now).

On the 21st, the price trend of domestic ammonium nitrate Market was temporarily stable, the operation of domestic ammonium nitrate manufacturers’ devices was stable, the delivery market of ammonium nitrate manufacturers was general, the downstream purchase was on demand, coupled with the impact of environmental control, the domestic downstream civil explosive industry still had more production stops, the domestic ammonium nitrate manufacturers started limited, and the price trend on the site was temporarily stable. Up to now, the negotiation mainstream in Shaanxi Province is 2300-2400 yuan / ton, in Shandong Province is 2100-2300 yuan / ton, and in Hebei Province is 2300-2500 yuan / ton. Affected by environmental protection, some downstream manufacturers 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, but the raw material cost is well supported, and the market price trend of ammonium nitrate is stable.

In recent years, the price trend of domestic nitric acid market continues to decline, and the quotation of mainstream manufacturers in Jiangsu Province is 1600 yuan / ton. The quotation of mainstream manufacturers in Anhui is about 1650 yuan / ton. Shandong manufacturers offer 1650 yuan / ton or so, and the price trend declines. The delivery of nitric acid is general. The fall of nitric acid price has a certain negative impact on the market of ammonium nitrate, and the price trend of ammonium nitrate is temporarily stable. The market of liquid ammonia in the upstream domestic market is mainly in a small decline, with part of the price down 50-100 yuan / ton. Some enterprises in Shandong Province maintain stability and part of the price down 50 yuan / ton. The price in the northwest region remains stable, and the current partial ammonia volume is surplus, especially some manufacturers in Shandong Province. The supply of goods is relatively loose, and the pressure of enterprise shipment is increasing, but the price of manufacturers with large ammonia volume is mainly stable. The main quotation in Shandong is 2900-3000 yuan / ton, and the main quotation in Hebei is 2850-3000 yuan / ton. The lower liquid ammonia market has a certain negative impact on the downstream ammonium nitrate Market, and the market price of ammonium nitrate is temporarily stable. In the near future, the market of the downstream civil explosive industry has not changed much. The market demand for ammonium nitrate is limited. The inventory of ammonium nitrate manufacturers is high, but the market price of raw materials remains high. The price trend of ammonium nitrate Market is generally stable due to the commodity market. Analysts of ammonium nitrate of business association think that the market price of upstream raw material nitric acid continues to decline in the near future, and the downstream demand is still at a low level, and it is expected that the market price of ammonium nitrate will fall slightly in the later stage.