March 19th News: On March 19th, the price of ammonium nitrate in Shandong remained stable, with mainstream negotiations in the market ranging from 4,200 to 4,300 yuan per ton. Production operations among market participants were stable. Recently, the market prices of upstream raw materials have risen significantly, while supply within the market remains normal. Downstream procurement activity is moderate, and the ammonium nitrate market is trending upward. Chempricehub Analysis of Ammonium Nitrate, Bull-Bear Score: 1. The significant increase in upstream raw material prices has raised production costs, driving up the spot price of ammonium nitrate. Although downstream procurement activity is moderate, the normal supply within the market and the upward trend in market conditions are overall favorable for spot prices. The score is +1, indicating a generally positive outlook.
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