On August 2nd, the price trend of ammonium nitrate in Shandong Province remained stable, with the mainstream price range for on-site negotiations being between 3000-3200 RMB/ton. The production and operation of on-site merchants were stable, and the upstream raw material market prices have recently decreased. The on-site supply of goods is normal, but the downstream procurement situation is average, resulting in a decline in the ammonium nitrate market trend.

In addition, the ammonium nitrate plant of Xinghua Chemical Co., Ltd. in Shaanxi Province is operating normally, with a manufacturer's ex factory price of 5450 RMB/ton. The manufacturer's inventory is low, and the prices of raw materials on site have declined. Downstream demand is average, and the manufacturer's ex factory price trend is temporarily stable.

The ammonium nitrate unit of Shijiazhuang Zhongji ZhengRMB Chemical Co., Ltd. in Hebei Province is operating stably. The manufacturer's ex factory quotation is 3150 RMB/ton, and the manufacturer's inventory is low. The sales situation is average, and the upstream raw material prices are fluctuating. Recently, the manufacturer has reported sufficient supply of goods, but downstream procurement is not active, resulting in a recent decline in ex factory prices.

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