Ammonium Chloride Market Rose Slightly

According to data monitoring, the ammonium chloride market continued to rise in the first ten days of June. As of June 10, the price was 1590 CNY/ton, an increase of 4.09% from the 1527 CNY/ton price at the beginning of the month.

At present, the overall operation of the domestic combined alkali industry is 80% to 90%, but on the one hand, the downstream compound fertilizer production is in the period of high nitrogen fertilizer production, and manufacturers increase the purchase of ammonium chloride. Tight, the company's ex-factory price is high and firm, and the market offer is high.

Although the price of raw material liquid ammonia fell slightly, the price was still high, and the cost side continued to support. According to the monitoring of the business agency, as of June 10, the domestic liquid ammonia price was 5,223 CNY/ton, down 1.26% from the 5,290 CNY/ton at the beginning of the month.

In June, the domestic urea market rose again, continuing to support ammonium chloride. According to monitoring, as of June 10, the domestic price of urea was 3246 CNY/ton, up 1.41% from 3201 CNY/ton at the beginning of the month.

Market outlook forecast: Ammonium chloride analysts believe that the supply side is expected to be tight, coupled with sufficient orders issued by enterprises and the high price of raw material liquid ammonia, it is expected that the ammonium chloride market will continue to remain high and firm in the later period.