February 13th News
On February 13th, the price of ammonium nitrate in the Hebei region remained stable, with mainstream market negotiations ranging from 3,100 to 3,200 yuan per ton. Production operations among market participants were stable. Recently, the market prices of upstream raw materials have declined, while downstream procurement has been weak. The ammonium nitrate market trend has temporarily stabilized.
Chempricehub Analysis of Ammonium Nitrate, Bull-Bear Score: -1
The article indicates that the spot price of ammonium nitrate remains stable at 3,100–3,200 yuan per ton, with stable production operations. However, the decline in upstream raw material prices may reduce production costs, benefiting the supply side. Nevertheless, weak downstream procurement suggests sluggish demand, and ample supply may increase inventory pressure, exerting a bearish impact on spot prices. Overall, the market trend has temporarily stabilized, but insufficient demand remains the dominant factor. It is expected that short-term prices may face downward pressure.