March 20th News
On March 20th, the price of ammonium nitrate in the Hebei region remained stable, with mainstream negotiations in the market ranging from 4,100 to 4,200 yuan per ton. Production operations among market participants were stable. Recently, the market prices of upstream raw materials have risen, while downstream procurement has been weak. The ammonium nitrate market trend is upward.

Chempricehub Analysis of Ammonium Nitrate
Bull-Bear Score: 1
The increase in upstream raw material market prices has raised production costs, driving up the spot price of ammonium nitrate. Although weak downstream procurement has partially suppressed the price increase, the overall market trend indicates an upward movement, providing a generally positive impact on spot prices.