According to the commodity market analysis system of the business community, the domestic market price of Ammonium nitrate rose slightly in June. As of the end of the month, the market price of Ammonium nitrate was 4060 yuan/ton, 0.74% higher than the beginning price of 4030 yuan/ton, and 12.69% lower than the same period last year.

In June, the domestic Ammonium nitrate market price rose slightly. The domestic Ammonium nitrate manufacturers’ devices operated stably. Recently, the supply of goods on the site was normal, the goods on the site were generally shipped, the manufacturer’s inventory was normal, the terminal upstream coal price rose, the price of nitric acid fell slightly, the price of liquid ammonia declined, the downstream demand was normal, and the price trend of Ammonium nitrate market rose slightly. Recently, the shipping market of Ammonium nitrate manufacturers is general, and the downstream purchase is based on demand. Recently, the downstream nitro compound fertilizer purchase is general, and the domestic downstream civil explosive industry purchase remains low. The domestic Ammonium nitrate manufacturers are operating normally, and the market price of Ammonium nitrate is mainly volatile. As of now, the mainstream negotiation prices in Shaanxi region are between 5000 and 5100 yuan/ton, in Shandong region, between 4000 and 4100 yuan/ton, and in Hebei region, between 4000 and 4100 yuan/ton.

The price trend of concentrated nitric acid in China decreased in June, with an average price of 1966.67 yuan/ton as of the end of the month, a decrease of 3.28% compared to the price of 2033.33 yuan/ton at the beginning of the month. Mainstream enterprises in East China offer prices ranging from 1900 to 2000 yuan/ton, while those in the North and Central China offer prices ranging from 1800 to 2000 yuan/ton. The market has sufficient supply of goods, high price trading is under pressure, high-end prices are mostly sold at reduced prices, while the downstream demand is relatively reduced, the deal on the market is light, and the price of raw nitric acid declines, which has a negative impact on the Ammonium nitrate market, and the price increase of Ammonium nitrate market is limited.

In June, the price trend of domestic liquid ammonia market significantly decreased. As of the end of the month, the price of liquid ammonia was 2700 yuan/ton, a 10% decrease from the initial price of 3000 yuan/ton. As agricultural and industrial demand weakened, the ammonia market continued to hit new lows. The supply in Shandong region has significantly increased. Due to the upward trend in liquid ammonia prices in the early stage, ammonia companies have generally switched from urea to liquid ammonia, resulting in inventory backlog and pressure on the liquid ammonia market in the region. Liquid ammonia manufacturers have generally lowered prices. On the demand side, the current agricultural demand is affected by the off-season, downstream procurement is slowing down, and the double pressure of supply and demand has led to a sharp decline in the price of liquid ammonia. The decline in the price of upstream liquid ammonia has a negative impact on the Ammonium nitrate market, and the price of Ammonium nitrate has little change.

In the near future, the downstream purchase is mainly based on demand, and the demand is not improving. In addition, the market price of raw liquid ammonia continues to decline, and the price trend of nitric acid declines. The negative factors are superimposed. The Ammonium nitrate analysts of the business community believe that the market price of Ammonium nitrate may decline slightly in the later period.