March 2nd News: On March 2nd, the price of ammonium nitrate in the Hebei region remained stable, with mainstream negotiations in the market 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 is temporarily stable. Chempricehub Analysis of Ammonium Nitrate, Bull-Bear Score: -1. The decline in upstream raw material market prices has reduced production costs, and weak downstream procurement indicates sluggish demand, which may put downward pressure on the spot price of ammonium nitrate. Although the current price remains stable at 3,100–3,200 yuan per ton, the supply-demand environment is weak, resulting in a generally bearish overall factor score.