Price trends:

According to statistics, the domestic ammonium nitrate ex-factory price rose slightly in August. The average weekend price was 1983.33 yuan/ton, up 0.85% from 1966.67 yuan/ton at the beginning of the week and down 0.83% from the same period last year.

II. Market analysis:

Products: In August, the domestic ammonium nitrate market price rose slightly, the domestic ammonium nitrate plant is running smoothly, is in the downstream demand off-season, ammonium nitrate factory shipment market is general, downstream on-demand procurement, combined with environmental protection control, the downstream civil explosion industry in China stopped production more, domestic ammonium nitrate factory started construction limited, on-site. Prices remained at a low level, but the ammonium nitrate Market was hovering around the cost line. Some enterprises increased their ex-factory prices slightly, and most of them remained stable. By the end of the month, the mainstream of negotiations in Shaanxi was 2000-2100 yuan/ton, the mainstream in Shandong was 190-2000 yuan/ton, and the price in Hebei was 1850-1950 yuan/ton. Affected by environmental protection, some downstream factories were forced to limit production or stop production for maintenance and accept environmental protection inspection. The demand for ammonium nitrate was at a low level, and the market price of ammonium nitrate was slightly lower. There is an increase.

Industry Chain: Domestic nitric acid price declined in August, the market price was 1600 yuan/ton at the end of the month, and the price declined by 6.67% in August. Domestic nitric acid market price declined. Mainstream manufacturers in Jiangsu Province offered 1600 yuan/ton, mainstream manufacturers in Anhui Province offered 1620 yuan/ton, Shandong manufacturers offered 1600-1650 yuan/ton, and nitric acid went away. Generally speaking, the lower price of upstream nitric acid market has a negative impact on downstream ammonium nitrate Market price, and the price increase of ammonium nitrate Market is very limited; the price trend of upstream raw material liquid ammonia is declining, and the market price of liquid ammonia at the end of the month is 3210 yuan/ton, which is affected by upstream cost, together with the producers. Most of the inventory pressures have increased compared with the previous period. Some plants have been restarted and local ammonia supply has increased in the region. Especially in Shanxi and North China, most manufacturers have sufficient supply of ammonia. The quotations of manufacturers in North China are maintained in the range of 2900-3400 yuan/ton. The quotations in Northwest China are in the range of 2500-2600 yuan/ton. The low price of liquid ammonia is downstream. Ammonium nitrate Market has a negative impact. Recently, the downstream civil explosion industry is in the off-season. The demand for ammonium nitrate market remains low. The inventory of ammonium nitrate manufacturers is high. The market of nitric acid is not good, and the price of nitric acid market has remained low.

Industry: In recent years, the ammonium nitrate Market has been in a bad condition. The downstream explosion industry has parked more. In addition, the price of nitric acid in the upstream raw material market has declined. The price of liquid ammonia market has maintained a low oscillation, and the price of ammonium nitrate Market has increased slightly.

3. Future market forecast:

Ammonium nitrate analysts believe that the recent upstream raw material nitric acid and liquid ammonia market prices remain low, coupled with poor demand downstream, ammonium nitrate market prices are expected to remain volatile in the later period.