According to the data monitoring of the SunSirs, the ammonium chloride market rose slightly this week (4.15-4.22). As of April 22, the price was 1445 RMB/ton, up 0.52% from 1437 RMB/ton on Friday.

Although there are many ammonium chloride enterprises in the peak season, the domestic fertilizer market is still at a high level, and the orders of ammonium chloride enterprises are still waiting to be issued. At present, although there are many enterprises in the domestic market, the domestic market is still at a high level.

Since April, the high level of raw liquid ammonia has been strong, and the cost side has continued to support. According to the monitoring of business agency, as of April 22, the price of domestic liquid ammonia was 4986 RMB/ton, up 1.01% from 4936 RMB/ton at the beginning of the month.

The domestic urea market stabilized after the high level fell slightly, and the price continued to maintain a high level, which has a certain support for ammonium chloride. According to the monitoring of SunSirs, as of April 22, the domestic urea price was 2961 RMB/ton, up 0.78% from 2938 RMB/ton last Friday and down 0.07% from 2963 RMB/ton at the beginning of the month.

Future forecast: ammonium chloride analysts of SunSirs believe that the supply side is tight, coupled with sufficient orders issued by enterprises and the high price of raw liquid ammonia, it is expected that the ammonium chloride market will continue to be strong at a high level in the later stage.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.