According to statistics, the price trend of domestic ammonium nitrate market in March increased slightly. As of the end of the month, the market price of ammonium nitrate was 4380 yuan/ton, which was 0.92% higher than the price of 4340 yuan/ton at the beginning of the month, and the year-on-year price was flat.

In March, the domestic ammonium nitrate market price rose slightly, and the domestic ammonium nitrate manufacturers’ devices operated stably. Recently, the supply of goods on the site was normal, and the situation of goods on the site was moderate. The manufacturer’s inventory was low. The terminal upstream coal price trend was stable, while the nitric acid price trend was rising, while the liquid ammonia price fell, and the downstream demand was moderate. The ammonium nitrate market price rose slightly. Recently, the shipping market of ammonium nitrate manufacturers is normal, and downstream procurement is on demand. Recently, downstream procurement of nitro compound fertilizer has increased, while domestic procurement in the downstream civil explosive industry has decreased. Domestic ammonium nitrate manufacturers are operating normally, and the market price of ammonium nitrate has increased slightly. Up to now, the mainstream of negotiation in Shaanxi is 5200-5300 yuan/ton, the mainstream of negotiation in Shandong is 4200-4300 yuan/ton, and the price in Hebei is 4600-4700 yuan/ton.

In March, the price trend of concentrated nitric acid in China increased, with the average domestic nitric acid price at the end of the month being 2533.33 yuan/ton, an increase of 2.01% compared to the price of 2483.33 yuan/ton at the beginning of the month. Mainstream enterprises in East China quote 2700-2800 yuan/ton, while northern and central China quote 2400-2650 yuan/ton. The market has ample supply of goods, high price trading is under pressure, and high-end prices are often sold at reduced prices. However, downstream demand is relatively stable, supporting the supply and circulation of goods. The trend of rising prices in low price regions is still evident. The rising price of raw material nitric acid has formed a certain positive support for the ammonium nitrate market, and the market price of ammonium nitrate has increased slightly.

In March, the price trend of domestic liquid ammonia market declined, with the price of liquid ammonia reaching 4000 yuan/ton by the end of the month, down 8.88% from the price of 4390 yuan/ton at the beginning of the month. In March, prices in main production areas such as Shandong, Hebei, Jiangsu, Anhui, and Lianghu all fell, mainly due to an increase in supply, and the restart of some overhauled devices. The sentiment of rising supply affected manufacturers to lower prices. Moreover, there is little change in the downstream field of liquid ammonia, with general agricultural demand and just a need for stable industrial demand. The decline in upstream liquid ammonia prices has a negative impact on the ammonium nitrate market, and the price increase of ammonium nitrate is limited.

Recently, downstream procurement is mainly based on demand, coupled with the low market price of raw material liquid ammonia, but the price trend of nitric acid is relatively strong in the later period. The ammonium nitrate analyst from the business agency believes that the market price trend of ammonium nitrate is mainly stable in the later period.