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SunSirs: The Market Price of Hydrazine Hydrate Remained Stable This Week

February 17 2023 13:47:01     SunSirs (John)

Price trend

According to the monitoring data of SunSirs, the price of hydrazine hydrate was temporarily stable this week, and the average price of hydrazine hydrate was 19,200.00 RMB/ton.

Analysis review

The quotation of hydrazine hydrate enterprises was stable, the raw material urea fell this week, the cost support of hydrazine hydrate was weakened. Downstream demand continued to be weak. Downstream purchased small orders, and the holders made profit-cutting and negotiated on the basis of actual orders under the shipping mentality.

Market outlook

The hydrazine hydrate analyst of SunSirs believes that the domestic hydrazine hydrate cost-end urea may still fall in the later stage, the hydrazine hydrate cost-end support is weak, the downstream demand is cold, and the price may continue to fall.

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