The Ammonium Nitrate Commodity Index of May 4 was 107.02, the same as yesterday, down 9.63% from 118.42 at the highest point in the cycle (2019-01-15), up 38.32% from the lowest 77.37 point on October 31, 2016.

(Note: cycle refers to 2013-02-01 to present) Recently, the domestic ammonium nitrate market price trend to maintain a low, affected by environmental control, domestic ammonium nitrate plant shutdown more, domestic ammonium nitrate device driving less, but recently with the warmer weather, the northern gas limit effect disappeared, coupled with the domestic downstream civil explosion industry all shut down, domestic ammonium nitrate manufacturers inventory more, the price trend in the field decline.

As of 5th domestic ammonium nitrate market price negotiations in 1900-2100 yuan/ton, affected by environmental protection, so now many areas of manufacturers are forced to production restrictions or cut off maintenance for environmental inspection, the site ammonium nitrate price trend is weak. Recent domestic nitric acid price trend temporarily stable, as of 5th market price of 1576.67 yuan/ton, nitric acid price trend stability for ammonium nitrate market impact is not big, ammonium nitrate price trend is stable; upstream raw material liquid ammonia price trend concussion, as of 5th liquid ammonia market price of 3436.67 yuan/ton, Upstream raw material price trend shock for ammonium nitrate market to bring a certain cost support, ammonium nitrate price trend is stable. Recently downstream civil explosion industry peak season, for the ammonium nitrate market demand weakened, ammonium nitrate manufacturers inventory increased, but the liquid ammonia market is also rising trend, ammonium nitrate market due to bad market low shock. Business Society ammonium nitrate analysts believe that the recent upstream raw material market price to maintain a shock, but downstream demand is not good, expected late ammonium nitrate market price or maintain concussion.