Sinochem’s new website has seen a sharp increase in the price of ammonium bicarbonate during the off-season period when farmers were used in August. The current ammonium bicarbonate factory price is mostly 550 ~ 630 yuan (t price, the same below), the high has reached 650 yuan, the market wholesale price is mostly 580 ~ 680 yuan, the market retail price is mostly 600 ~ 700 yuan. Compared with the previous low prices, most of the ex-factory prices, market wholesale prices and retail prices have risen by 50-80 yuan, and high by more than 100 yuan. This is the period with the fastest growth rate and the largest margin this year.
The recent sharp increase in the price of ammonium bicarbonate has two main reasons: First, the impact of a sharp increase in the price of urea. As a result of the international urea price increase, domestic urea export volume increase and energy-saving emission reduction and other multiple factors, domestic urea prices rose sharply after August. The ex-factory price has generally risen by 80-200 yuan, and the high price has exceeded 250 yuan. The second is the impact of energy conservation and emission reduction on ammonium bicarbonate production. A considerable part of China's ammonium bicarbonate enterprises have set up factories at an early date with outdated equipment, backward technology, high energy consumption and heavy pollution. In order to complete the “Eleventh Five-Year Plan†energy-saving and emission reduction targets, the energy conservation and emission reduction efforts carried out by various localities since late August are very large. The carbon ammonium enterprises that have had a heavy task in energy conservation and emission reduction will inevitably be affected by comparatively large impacts. Some enterprises were forced to stop production and reduce production, resulting in a decrease in the market supply of ammonium bicarbonate.
In the off-season, the current actual use of ammonium bicarbonate is not large, mainly due to some crops used for autumn crops and industrial fertilizers, and the demand has a limited impact on the market. In the future, the market trend of ammonium bicarbonate depends mainly on the trend of the urea market and the intensity of energy conservation and emission reduction.