March 25th News: On March 25th, the price of ammonium nitrate in the Shandong region remained stable, with mainstream market negotiations 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 the supply of goods in 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 driven up production costs, providing support for the spot price of ammonium nitrate. The supply of goods in the market is normal, ensuring stable availability. Downstream procurement activity is moderate, and weak demand may limit price increases. However, the upward market trend indicates short-term upward momentum. Considering all factors, the increase in upstream costs is the primary positive driver, with a score of +1 indicating a generally favorable outlook.