The Ammonium Nitrate Commodity Index of May 5 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.
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(Note: cycle refers to 2013-02-01 to present) Recently, the domestic ammonium nitrate market price trend slightly lower, 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 6th domestic ammonium nitrate market price negotiations in 1850-2050 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 slightly declined. Recently, the domestic nitric acid price trend temporarily stable, as of 6th market price of 1576.67 yuan/ton, nitric acid price trend stability on the ammonium nitrate market has little impact, ammonium nitrate price trend is stable; upstream raw material liquid ammonia price to rise, as of 6th liquid ammonia market price of 3470 yuan/ton, Upstream raw material price trend shock for the ammonium nitrate market to bring a certain cost support, ammonium nitrate price trend slightly lower. 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.
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