According to statistics, the price trend of domestic ammonium nitrate in this week is temporarily stable. As of the end of the week, the market price of domestic ammonium nitrate is 2330 yuan / ton, which is the same as 2330 yuan / ton at the beginning of the week, up 18.47% year on year. On May 22, the ammonium nitrate commodity index was 122.63, unchanged from yesterday, down 2.10% from 125.26 (2020-03-15), the highest point in the cycle, and up 58.50% from 77.37, the lowest point on October 31, 2016. (Note: cycle refers to 2013-02-01 to now).

This week, the price trend of ammonium nitrate Market in China is temporarily stable. The operation of domestic ammonium nitrate plants is normal. The on-site supply of ammonium nitrate is normal. The price trend of manufacturers is temporarily stable. In the near future, the on-site supply of goods is normal. Transportation has been alleviated to some extent. The price trend of ammonium nitrate Market is stable. In the near future, ammonium nitrate manufacturers have a good shipping market, downstream purchase on demand, domestic ammonium nitrate manufacturers start normal operation, and the market price trend of ammonium nitrate is stable. Up to now, the negotiation mainstream in Shaanxi is 2300-2400 yuan / ton, that in Shandong is 2100-2300 yuan / ton, and that in Hebei is 2500-2700 yuan / ton.

This week, the price trend of concentrated nitric acid in China was temporarily stable, with the weekend price of 1433.33 yuan / ton, and this week’s price trend was temporarily stable. Jiangsu Hongze Yinzhu Chemical Co., Ltd. offers 1300 yuan / ton; Anhui Jinhe offers 1350 yuan / ton; Shandong helitai offers 1700 yuan / ton. Anhui Aodeli offers 1400 yuan / ton; Wenshui County synthetic chemical offers 1580 yuan / ton. In the near future, the operation of domestic maintenance devices is normal, the supply of concentrated nitric acid market is normal, the goods are in poor condition, the price trend of nitric acid market remains low, the low price of nitric acid is the negative impact of the market of ammonium nitrate, and the price trend of ammonium nitrate Market is temporarily stable.

 
The price trend of liquid ammonia in the upstream fell slightly this week. Since May, the market has been mostly stable, keeping the narrow range low, and the adjustment range is 50-150 yuan / ton. On the one hand, the high start-up rate of the manufacturers in the early stage has accumulated a large amount of inventory. At present, the manufacturers are willing to de inventory, and the market price of liquid ammonia falls during the period of digesting inventory. On the other hand, the peak season of spring ploughing has passed, and the downstream demand has declined compared with the previous period, so they are unable to continue to drive the market of liquid ammonia. The purchasing strength of the downstream nitrogen fertilizer manufacturers has slowed down obviously, and most of them are on demand. At present, the market The overall supply and demand is in the balance stage, and the market price of liquid ammonia falls. According to the monitoring of the business agency, the current quotation of liquid ammonia in the northern region is 2600-2700 yuan / ton, the price trend of upstream raw materials is falling, and the market price trend of ammonium nitrate is stable.

In the near future, the downstream demand is limited, but the price trend of raw materials market has declined slightly. For the ammonium nitrate Market, it has lost certain cost support. The ammonium nitrate analyst of the business association thinks that the market price of ammonium nitrate may fall slightly in the later stage.

1、 Price trend

According to the monitoring data of the business agency, the average ex factory price of ammonium sulfate in China was 585 yuan / ton on May 11 and 585 yuan / ton on May 15, and the price remained stable this week. The commodity index of ammonium sulfate on May 15 is forty-eight point nine five , same as yesterday, higher than the highest point in the cycle one hundred and six point two eight Point (2012-05-24) decreased 53.94% , compared with the lowest point on June 23, 2014 thirty-six point six five It’s up 33.56% 。 (Note: cycle refers to 2011-09-01 to now

2、 Market analysis

Product: the domestic ammonium sulfate Market is stable this week. About 490-680 yuan / ton for mainstream ammonium sulphate in Central China, 500-550 yuan / ton for mainstream ammonium sulphate in Henan, 470-600 yuan / ton for mainstream ammonium sulphate in Hebei, 520-590 yuan / ton for mainstream ammonium sulphate in Shandong, 500-680 yuan / ton for main ammonium sulphate outflow in East China, 470-670 yuan / ton for mainstream ammonium sulphate in North China, and 470-670 yuan / ton for Northeast China The factory quotation of mainstream ammonium sulfate is 520-660 yuan / ton.

Industry chain: the market of downstream compound fertilizer enterprises is also depressed this week, with low enthusiasm and enthusiasm. Coking grade ammonium sulfate Market is cold, and the downstream market is more wait-and-see. The peak season of domestic ammonium sulphate has not yet arrived, and the downstream demand is limited, so the transaction is general.

Industry: according to the price monitoring of business agency, week 19, 2020（ five point one one – five point one five ）In the list of commodity price rise and fall, there are 28 kinds of commodities in the chemical industry sector, among which 5 kinds of commodities with an increase of more than 5%, accounting for the number of commodities monitored in the sector 5.6% The top three commodities were chloroform（ 15.15% ）, ethylene（ 11.60% ）, caprolactam（ 8.46% )。 There are 16 kinds of commodities falling on a month on month basis, and 1 kind of commodities falling by more than 5%, accounting for the number of commodities monitored in this sector 1.1% The top 3 products were titanium dioxide (- 7.21% ）, propane (- 4.70% ）, mixed xylene (- 3.65% )。 The average rise and fall of this week is 0.72% 。

3、 Future forecast

Analysts of ammonium sulphate of business association think that the demand for coking grade ammonium sulphate is weak at present, and new orders are rare, so there is no good information for the time being. The internal ammonium sulphate keeps stable operation, the enterprise offers more, and the price is temporarily firm. It is expected that the price of ammonium sulfate will fluctuate mainly in a narrow range in the short term.

On Monday (11), the market rose by 200 yuan / ton, including 6500 yuan / ton ex factory in East China, a major region.

Due to the centralized maintenance of ethylene oxide plant in North China, the limited resources will form the basic support for the market, and the market will steadily strengthen. Ethylene bottomed out and rebounded. The price of ethylene glycol rose. Due to the double positive effects of rising cost and falling operating rate, the price improved and the support for cost increased. The price of the downstream unit is affected by the increase of EO, and the delivery is mainly based on rigid demand, with general purchasing enthusiasm.

Maintain stability. At present, although it seems that there is a lack of momentum for a big rise, the market is still optimistic in the later period. We need to pay attention to the supply side and the change of raw material prices.

1、 Price trend

According to the data monitored by the business agency, the average price of domestic rubber grade silica as of May 15 is four thousand five hundred and sixty-six point six seven Yuan / ton, domestic white carbon black market stable operation, no major changes, enterprises shipping positive, downstream demand is general.

market analysis

Product: this week, the domestic rubber grade and high-quality product silica runs stably, the downstream demand is general, just need to purchase, the manufacturer actively ships, the logistics is smooth, the manufacturer has pressed the price to the lowest, the profit has been close to the cost price, at present, Shandong Lihua new material Co., Ltd. rubber grade and high-quality product quotation 4200 / ton, Shandong Shouguang Changtai micro nano factory rubber grade and high-quality product quotation 5000 yuan / ton , the price of rubber grade superior products of Boai Xiangsheng silicon powder Co., Ltd. is 4500 yuan / ton, and the actual price is discussed.

Industry chain: the upstream hydrochloric acid is running smoothly this week, the mainstream factory price is mainly stable, the spot supply is sufficient, the transaction atmosphere is flat, and the supply and demand balance is maintained.

Industry: on May 14, the chemical industry index was 639, up 1 point from yesterday, down from 1016 (2012-03-13), the highest point in the cycle 37.11% , up from 598, the lowest point on April 8, 2020 6.86% 。 (Note: cycle refers to 2011-12-01 to now)

Future forecast

According to the white carbon black analyst of business agency, the domestic top grade white carbon black will continue to operate stably in the short term. (the above prices are provided by the major manufacturers of silica all over the country and analyzed by the business silica analysts for reference only. For more details, please contact the relevant manufacturers for consultation.)

Price trend: acetone market rose sharply after the festival. According to the monitoring data of the business agency, the quotation of acetone for mainstream factories in East China was 7000 yuan / ton before the festival, 8000 yuan / ton on May 12, up 14.3%; the quotation of market in East China rose 13.7% from 7300 yuan / ton before the festival to 8300 yuan / ton on May 12, up 13.7%.

Up to now, the offer of acetone in China’s mainstream market: 8200-8300 yuan / ton in East China, 8300 yuan / ton in surrounding areas of Yanshan and Shandong, and 8000 yuan / ton in South China.

Analysis and comment: from the product itself, take East China as an example, on May 12, the national mainstream factories increased 300 yuan / ton again, Sinopec issued 8000 yuan / ton for the mainstream orders, Lihua yiweiyuan chemical offered 8200 yuan / ton, Yangzhou Shiyou offered 8200 yuan / ton. Acetone market in East China rose 5% to 8300 yuan / ton on the 12th from 7900 yuan / ton in the 6th daily report; in terms of supply, the port inventory dropped below 7000 tons and the port warehouse was at a low level; in terms of domestic plants and devices, the 9-day shutdown and overhaul of 350000 ton / year phenol ketone plant in Tianjin, Zhongsha, lasted for 2 months; there was no volume of export sales of Jilin chemical.

From the perspective of industrial chain, the upstream raw material market shows an upward trend, with strong support from the perspective of cost. In terms of pure benzene, according to the monitoring of the business agency, the price of pure benzene in Shandong Province was 2960 yuan / ton on the 5th and 3310 yuan / ton on the 12th, up 11.82% on the whole, On December 12, Sinopec Qilu Petrochemical Company quoted 3100 yuan / ton, Yangzi Petrochemical Company 3150 yuan / ton, Hainan Petrochemical Company 3150 yuan / ton, Wuhan ethylene company 3150 yuan / ton, Jingbo Petrochemical Company 3600 yuan / ton, Dongming Petrochemical Company 3500 yuan / ton, HSBC Petrochemical Company 3150 yuan / ton, Jincheng petrochemical company 3500 yuan / ton. In terms of propylene, the price of propylene slightly increased by about 50 yuan / ton during the May 1st period, and continuously increased by 50 yuan / ton every day from the 6th to the 11th. According to the monitoring data of the business agency, the price of propylene in Shandong region was 6459.2 yuan / ton on the 12th, up 7.73% compared with that on the 5th, and now the market turnover is between 6250-6400 yuan / ton.

In terms of downstream market, bisphenol a market, on December 12, the main offer of East China was 9750 yuan / ton, up 1000 yuan compared with 8800 yuan / ton before the festival. At present, tens of thousands of tons were listed in the factory, and 9700-9800 yuan / ton were mostly offered in Huangshan, Shandong and North China. The offer of South China exceeded 10000 yuan. Overall, the high-level consolidation operation of bisphenol a market on December 12. In terms of isopropanol, the mainstream plants are operating at full load, and most of the orders are placed to the end of May. At present, the market offer in Jiangsu and Zhejiang is 11500-11700 yuan / ton, and that in Shandong is 11200-11400 yuan / ton.

From the perspective of the chemical industry, the chemical industry index was 636 on May 11, up 15 points from May 5. The chemical industry index rose continuously after the festival, up 6.35% from the lowest point 598 on April 8, 2020. Today, the chemical industry market as a whole shows a trend of more gains and less losses in May. (Note: cycle refers to 2011-12-01 to now)

Market forecast: when the spot supply is tight, the mentality of the commodity holder slows down and the sentiment of pushing up is stronger. The downstream isopropanol is running at a high level. The quotation of bisphenol A and MMA market is strong and strong. The terminal inquiry is actively followed up, and the trading activity of the market remains unchanged. It is expected that the acetone market will continue to run at a high level in the short term, and the main reference offer in East China will be 8200-8400 yuan / ton.

1、 Price trend

According to the price monitoring data of business agency, on May 10, according to the average comprehensive quotation of sample enterprises, at present, the mainstream reference quotation of domestic n-propanol containing packaging is around 10000-10800 yuan / ton, and the reference price of bulk water is around 9000-9500 yuan / ton.

2、 Market analysis

Products: in May, the domestic n-propanol market is generally stable, the manufacturer’s inventory is still low, the inventory and demand are different, the manufacturer’s and dealer’s quotation is still slightly fluctuating, but the overall high-level operation is the main. Nanjing area: Nanjing Rongxin Chemical Co., Ltd., a manufacturer of n-propanol, has an annual output of 30000 tons / year. At present, the n-propanol plant is in normal operation, and the external quotation of n-propanol is 9000 yuan / ton. Compared with that before the festival, the price has been revised back, the inventory is not much, and the goods are delivered according to the plan. In recent days, the quotation of n-propanol in Shandong Province has been relatively stable. The ex factory quotation of n-propanol, including the reference of packaging, is around 10000-10500 yuan / ton. The ex factory quotation of n-propanol with packaging in fengcang Chemical Co., Ltd. in Shandong Province is 10500 yuan / ton. The ex factory quotation of Jinan jinrihe Chemical Co., Ltd. is slightly lower than that a few days ago, with the reference of 10000 yuan / ton. The ex factory packing price of n-propanol of Jinan Mingwei Chemical Co., Ltd. is 1 0000 yuan / ton; the factory packing price of n-propanol of Jinan angxin Chemical Co., Ltd. is 10600 yuan / ton, which is still up 400 yuan / ton compared with April.

Industry chain: in April, the domestic propylene market was like a “roller coaster”. After the Qingming Festival, the price of propylene increased steadily. On the 10th, it increased by 200-300 yuan / ton. On the 11th, the manufacturers generally increased by 1000 yuan / ton. On the 12th, the market continued to soar by 1000-5000 yuan / ton. After two days of temporary stability, on the 14th, most of the enterprises’ prices fell by 1000 yuan / ton. Some of the soaring enterprises may return to the prices before the surge. On the 15th, The price went down 500-1000 yuan / ton again. The price went down slightly from 22 to 25. It was basically stable. Near May Day holiday, there was a part of the downstream stock just needed, because the market price of propylene rose slightly. From 28 to 30, it rose 50-100 yuan / ton slightly. At the end of April, the market turnover was between 5900-6050 yuan / ton, and the mainstream price was around 5900 yuan / ton. In May, the price of propylene slightly increased by about 50 yuan / ton during the May 1st period, rose by 100 yuan / ton again on the 6th, and continued to rise by 50 yuan / ton again on the 7th, 8th and 9th in Shandong area. At present, the market turnover is between 6200-6400 yuan / ton, and the mainstream price is around 6200 yuan / ton.

3、 Future forecast

According to the prediction of the business agency, the market trend of domestic n-propanol is closely related to the upstream and downstream demand and inventory volume, and it is expected that the overall market will remain high and stable in the near future.

1、 Price trend

2、 Market analysis

Manheim potassium sulfate: About 2650% powder; about 2750-2800% granules and 52% water-soluble powder. Report station of potassium sulfate manufacturer in water salt system: Xinjiang 51-52% powder 3100-3150; Qinghai 50% powder 2300-2380. In the northern market, the operation rate of Mannheim potassium sulfate industry is mainly stable, with only partial fine adjustment, and most of the manufacturers have no adjustment plan; the overall price quotation has declined, but the actual price change is not large for the time being, that is to say, for the time being, only the unreal high water has evaporated, while the pressure on one side is not large for the time being, on the other hand, the new price of potassium chloride is not clear, so the manufacturers are ready to Wait and see.

3、 Future forecast

In the later stage, the price trend of potassium sulphate will be mainly affected by potassium chloride. Although the pressure is relatively light, I’m afraid it will take a while before we can see whether it can improve. According to analysts of potassium sulphate of business association, the current form of potassium sulphate market is in a stable state temporarily, and the trend of potassium chloride in the later stage is specific.

1、 Price trend

In April 2020, the domestic market of cyclohexanone rose first and then fell. According to the sample data monitored by the business association, the price of cyclohexanone at the beginning of the month was 5233 yuan / ton, and the market price of cyclohexanone at the end of the month was 5320 yuan / ton, up 1.66% in the month. The price is 48.68% lower than the same period last year.

2、 Market analysis

Products: in the first ten days of the month, the raw materials and demand before the Qingming Festival are surrounded by many empty spaces. Cyclohexanone is manufactured in Shandong at 4500-4600 yuan / ton, and the market in East China is around 5000 yuan / ton. OPEC and its production reduction allies may reach a global crude oil production reduction agreement, and the market of cyclohexanone has the phenomenon of low price. After the festival, the raw material pure benzene market rose, and the solvent Market concentrated to take the goods. Driven by the cost and demand, cyclohexanone rose in a wide range. Shandong factory rose to 5800-5900 yuan / ton, and East China market offered 6200-6400 yuan / ton. In the last ten days of the month, due to the high price, the phenomenon of whether there is market price or not is more obvious. The speculation atmosphere turns to light. The market of cyclohexanone starts to fall back. The downstream chemical fiber factory adopts cyclohexanone due to cost and other factors. Under the support of a small number of chemical fiber single, the price of Shandong cyclohexanone factory slowly returns to the normal level of 4750-4800 yuan / ton. The end of the month is close to the May Day holiday. The downstream chemical fiber and solvent concentration just need to take the goods. In addition, Shandong Haili does not have the goods. Chongqing Huafeng will stop for maintenance in the second ten days of the month. The low price offer of the factory will be reduced, and the market will slightly increase. As the holiday is near, the market transaction atmosphere is flat.

Industry chain: raw materials: pure benzene: this month, the price of pure benzene rose first and then fell, and the price rise and fall roughly follow the fluctuation of crude oil. As a result of a large increase in social bottoming behavior, the number of pure benzene buying increased significantly, showing a rapid rise and slow decline as a whole.

Caprolactam: crude oil prices rebounded briefly and strongly in early April on optimistic expectations for OPEC + production reduction negotiations. However, due to the fact that the price of domestic commodity market has basically fallen to the historical low, low price attracts the advantage of superimposed cost end, which leads to the mood of bottom reading in the market. First, the downstream PA6 conventional spinning chips actively copied the bottom. After the chips of the polymerization plant were oversold, caprolactam was concentrated. In addition, pure benzene rose with the price of crude oil, caprolactam was benefited by both cost and demand, and the market followed the rebound. In the middle of the year, the atmosphere of downstream conventional spinning and slicing was cooled. However, the high market heat of mask ear band boosted the demand for high-speed spinning and slicing, once again supporting caprolactam. In addition, at that time, sanning, Juhua and stone refining units were shut down for maintenance. Under the condition of tight supply, caprolactam rose to a high of 9000 yuan / ton for the second time.

Industry: according to the price monitoring of the business agency, in April 2020, there are 39 kinds of commodities in the list of rise and fall of bulk commodity prices in the chemical industry sector, including 26 kinds of commodities with an increase rate of more than 5%, accounting for 29.2% of the number of commodities monitored in the sector; the top three commodities with an increase rate are acetone (77.02%), acrylic acid (21.76%) and hydrogenated benzene (20.86%). There are 45 kinds of commodities falling on a month on month basis, 21 kinds of commodities falling by more than 5%, accounting for 23.6% of the number of commodities monitored in the sector; the top three products falling are ethylene (- 31.64%), butadiene (- 24.14%) and hydrochloric acid (- 22.37%). This month’s average rise and fall was 0.37%.

3、 Future forecast

On the cost side, it is expected that the overall performance of pure benzene in May will be warmer than that in April due to the improvement of downstream operation rate, and the market mentality will be better. The industry has a good intention to purchase pure benzene in May and June, which will help the price of pure benzene rise after the festival in early May. In the second half of the month, considering the shortage of port inventory, and the subsequent centralized arrival of imported goods will cause shipping pressure on the pure benzene in the reservoir area, and the price may be restrained. On the supply side, in the near future, Chongqing Huafeng plans to restart, Shandong Haili will not be exported temporarily (for a short time), Jiangsu Haili Dafeng plans to restart in the middle of May, Fujian Shenyuan phenol to cyclohexanone plant plans to stop in May, and the market spot supply is expected to increase slightly. From the perspective of demand, it is expected that the price difference between cyclohexanone and pure benzene is still in the range of hydration oxidation production cost, and the profit of oxidation process is low or small loss. It is expected that there will still be a small number of chemical fiber sheets purchased due to high production cost in May, and the market demand for solvents is limited. Analysts of cyclohexanone in the business community predict that it is still difficult to get rid of the oversupply of cyclohexanone in the spot market in May, with specific attention to the raw material pure benzene market.

1、 Price trend:

According to a large number of data on the list of business agencies, the domestic ABS market fluctuated in April, and the amplitude of spot price adjustment was not large. As of Thursday, April 30, the main offer price of general-purpose ABS was about 10650.00 yuan / ton, 1.84% lower than the average price on April 1.

2、 Analysis of influencing factors:

Industry chain: ABS upstream, styrene market continued to decline in early April last month. March by crude oil chemical negative news negative, cost side weak drag on styrene prices. In addition, public health events led to increased panic in Europe and the United States, and the market fell sharply. In the middle of the year, the styrene market was mainly in shock performance, with a slight decline overall. On the whole, the market lacks strong support points. Styrene is expected to be oversupplied in May, but crude oil has a greater impact on the styrene industrial chain. The trend of international crude oil is quite volatile, and the overall oil price is unstable, but there is still a possibility of rebound. It is expected that styrene will be mainly consolidated with weak shocks, and the market demand will pay close attention to the trend of crude oil price;

The market trend of acrylonitrile this month is general. At the beginning of the month, new production capacity was put into production and inventory pressure was transmitted, and the negative market dominated. The downstream return rate is still lower than that before the festival, and the load is generally not high. Large scale stock of goods is naturally less and demand is weak. In addition, affected by the external market, the price further narrowed, and the price of acrylonitrile stabilized by the middle of the year. The end of the month is close to the traditional maintenance peak season, and some enterprises in the site have plans to reduce production to ease the supply pressure. But at present, the mentality of the industry is still wait-and-see, and the market lacks direction;

The domestic butadiene market price fell this month, with a large drop in the first and middle of the month. In terms of demand, the downstream inquiry atmosphere was low, the butadiene merchants had a large resistance to delivery, dragging down the price pressure of suppliers, and the overall market focus continued to fall. In the middle of the year, the disk surface was gradually stable and the horizontal disk was running. In terms of external market, European market supply is under pressure, and the inventory of downstream rubber industry is high. At present, the domestic butadiene is abundant in spot supply, but some manufacturers have maintenance plans for their devices, the supply pressure has been eased, and the downstream takes goods cautiously;

3、 Future forecast:

Business analysts believe that: the ABS market in April was operating in a narrow range of shocks, and the spot prices of various brands rose and fell, and the amplitude was not large. Cost side of the upstream three short-term trend are general, the cost of support ambiguous. At present, the spot supply of ABS is relatively sufficient, but the downstream demand is weak and the contradiction between supply and demand is increasing. The business mentality is not strong. Negative still dominates, and it is expected that domestic ABS prices will continue to be weak in the near future.

According to statistics, the price trend of domestic ammonium nitrate market fell slightly in April. By the end of the month, the market price of ammonium nitrate was 2300 yuan / ton, down 0.43% from 2310 yuan / ton at the beginning of the month, up 13.11% year on year.

In April, the price trend of domestic ammonium nitrate market fell slightly. In April, some domestic ammonium nitrate manufacturers restarted their facilities. In the near future, the supply of goods in the market is normal, and the domestic price trend declined slightly due to the increase of supply. In the near future, the market of ammonium nitrate manufacturer’s shipment is general, and the downstream is purchased on demand. In the near future, the trend of downstream nitro compound fertilizer is stable. The domestic downstream civil explosive industry still stops production a lot. The domestic ammonium nitrate manufacturer’s commencement has increased, and the market price of ammonium nitrate has slightly dropped. Up to now, the negotiation mainstream in Shaanxi is 2100-2400 yuan / ton, that in Shandong is 2000-2300 yuan / ton, and that in Hebei is 2200-2600 yuan / ton.

In April, the price of concentrated nitric acid in China fell sharply. By the end of the month, the average price of nitric acid in China was 1466.67 yuan / ton, down 8.33%. Jiangsu Hongze Yinzhu Chemical Co., Ltd. offers 1400 yuan / ton; Anhui Jinhe offers 1300 yuan / ton; Shandong helitai offers 1700 yuan / ton. Anhui Aodeli offers 1500 yuan / ton; Wenshui County synthetic chemical offers 1700 yuan / ton. In the near future, the operation of domestic maintenance devices is stable, the market supply of concentrated nitric acid is sufficient, and the situation of on-site delivery is general. In April, the market price of nitric acid dropped sharply, and the price of raw material nitric acid fell, which is the negative impact of the market of ammonium nitrate, and the market price of ammonium nitrate fell slightly.

The price of liquid ammonia in the upstream market fell in April, down 3.11% in April. In April, the rebound market in domestic liquid ammonia market has stopped abruptly. At present, most regions show a trend of high-level decline. On the one hand, the high start-up rate of manufacturers in the early stage has accumulated a large amount of inventory. At present, the manufacturers have the intention of destocking. On the other hand, the spring farming season has passed, and the downstream demand has stabilized, unable to continue to drive the rise of liquid ammonia Market, and the downstream nitrogen fertilizer manufacturers purchase more In March, it slowed down obviously, most of which were purchased on demand. At present, the supply and demand of the market is in the balance stage, and the market price of liquid ammonia is lower. Due to the fall of the upstream market price of liquid ammonia, the market price trend of ammonium nitrate is slightly lower.

In the near future, the demand of the downstream civil explosive industry is general, and the market demand for ammonium nitrate is normal. In addition, the market price of raw material liquid ammonia falls sharply, which loses certain cost support for the market price of ammonium nitrate. Ammonium nitrate analysts of the business association believe that the market price of ammonium nitrate may continue to decline in the later period.