The cost side dragged down the market price of ammonium chloride in November

According to the data monitoring of business agency, the market price of ammonium chloride fell in November. The price at the beginning of the month was around 1205 yuan / ton, and the price at the end of the month was around 1145 yuan / ton, down 4.98%.

In November, the prices of urea and raw liquid ammonia fell sharply, which had a negative impact on ammonium chloride. According to the monitoring of business agency, as of November 30, the price of domestic liquid ammonia was 4413 yuan / ton, down 14.03% from 5133 yuan / ton at the beginning of the month; As of November 30, the domestic urea price was 2504 yuan / ton, down 10.32% from 2792 yuan / ton at the beginning of the month.


In November, the downstream demand for ammonium chloride was slightly warmer than that in the early stage, but it was still weak. The construction of compound fertilizer industry was around 30 ~ 40%. The winter storage in Northeast China was started slowly, and the market procurement increased, but mostly small orders. However, the start-up of Lianhe soda enterprises was around 70%, which was higher than that in the early stage, and the supply side increased slightly.

Future forecast: ammonium chloride analysts of business society believe that at present, the impact of supply and cost on ammonium chloride is empty, and the start-up strength and quantity on the demand side are small. It is expected that the ammonium chloride market may be weak and slightly lower in the later stage.

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