According to the commodity market analysis system of Business Society, the price trend of domestic ammonium nitrate market has remained stable this week. As of the weekend, the market price of ammonium nitrate was 4060 yuan/ton, which is the same as the price of 4060 yuan/ton at the beginning of the week, and a year-on-year decrease of 5.58%.

This week, the price trend of domestic ammonium nitrate market has remained stable, with stable operation of domestic ammonium nitrate manufacturers. Recently, the supply of goods on site has been normal, and the downstream procurement situation is still good. The price of ammonium nitrate market is mainly stable. Recently, the demand for downstream nitro compound fertilizer has been average, and the procurement of domestic downstream civil explosives industry is normal. Domestic ammonium nitrate manufacturers are operating normally, and the price trend of ammonium nitrate has been stable recently. As of now, the mainstream negotiation prices in Shaanxi region are 5400-5600 yuan/ton, Shandong region is 3800-4000 yuan/ton, and Hebei region is 3900-4000 yuan/ton.

This week, the price of concentrated nitric acid in China has slightly declined. As of the weekend, the average price of nitric acid in China was 2000 yuan/ton, a decrease of 1.64% from the price of 2033.33 yuan/ton at the beginning of the week. Mainstream enterprises in East China offer a price range of 1900-2000 yuan/ton, while those in the North and Central China offer a price range of 1900-2100 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.

The price trend of upstream liquid ammonia has declined this week. As of the weekend, the price of liquid ammonia was 3220 yuan/ton, a decrease of 3.69% from the beginning of the week price of 3343.33 yuan/ton. The amount of ammonia released in the main production areas in the north has not changed much, and some units in Shandong have started operating steadily. The market has shown sufficient supply, and prices of large factories in Shandong and surrounding Hebei have generally slightly decreased. In addition, downstream procurement enthusiasm is poor, and there is a sharp supply-demand contradiction. Some manufacturers have lowered their factory prices. Currently, the mainstream quotation in Shandong is between 3100-3300 yuan/ton, and the market price of ammonium nitrate has not changed much due to this impact.

Recently, the downstream civil explosive industry procurement has come to an end, and the demand for nitro compound fertilizer is in the off-season. In addition, the upstream liquid ammonia price is declining, and the price of nitric acid is showing a downward trend. In terms of cost, there has been a decline. An ammonium nitrate analyst from Business Society believes that the market price of ammonium nitrate may decrease.