April 24 News – On April 24, the price trend of ammonium nitrate in Hebei region remained stable, with mainstream negotiations in the range of 4,100–4,200 RMB/ton. Manufacturers in the region are operating steadily. Recently, upstream raw material prices have risen, while downstream procurement demand has been weak, yet the ammonium nitrate market still showed an upward trend.

According to a ChempriceHub analysis of ammonium nitrate, the market sentiment score stands at +1. The article indicates that spot prices of ammonium nitrate in Hebei remain stable, with mainstream negotiated prices between 4,100–4,200 RMB/ton and stable production operations. Upstream raw material costs are increasing—such as the price hikes for ammonia and nitric acid—acting as a bullish factor that may raise production costs and support price increases. Conversely, weak downstream procurement reflects subdued demand, forming a bearish influence. However, the overall market trend is upward, suggesting that cost support outweighs weak demand. In the short term, spot prices may rise slightly. Overall, cost-driven factors dominate the market, warranting a +1 rating, indicating generally favorable conditions.