February 10th News — On February 10th, the price trend of ammonium nitrate in the Shandong region remained temporarily stable, with mainstream negotiations in the market ranging from 3,200 to 3,300 yuan per ton. Production operations among market participants were stable. Recently, the market prices of upstream raw materials have slightly declined, while the supply of goods in the market remains normal. Downstream procurement activity is moderate, leading to fluctuating trends in the ammonium nitrate market. Chempricehub Analysis of Ammonium Nitrate, Bull-Bear Score: -1. The decline in upstream raw material market prices has led to reduced production costs. The supply of goods in the market is normal and sufficient, while downstream procurement demand remains moderate. These combined factors exert bearish pressure on the spot price of ammonium nitrate. Prices are expected to face downward risks, although the current trend remains temporarily stable, with the market continuing in a fluctuating pattern.