
The domestic ammonium chloride market remains weak, with limited activity and sluggish demand. Despite some efforts to stabilize prices, the supply-demand imbalance continues to weigh on the market. Overall, the market is characterized by low transaction volumes and a lack of confidence among traders.
Currently, wet ammonium chloride is trading in a range of 500–530 yuan per ton, while dry ammonium chloride is slightly higher, at 610–630 yuan per ton. However, these prices are not reflective of actual market dynamics, as many players are reluctant to commit due to uncertain demand. High inventory levels further contribute to the market's stagnation, as suppliers are hesitant to lower prices significantly.
Downstream industries are showing little interest, with most buyers adopting a wait-and-see approach. This has led to minimal transactions and a general sense of uncertainty. Market participants are closely monitoring key factors such as raw material costs, export demand, and government policies, which could influence future price trends.
With no major catalysts on the horizon, the market is expected to remain in a state of quiet decline for the near term. Traders are advised to stay cautious and avoid overcommitting in this highly volatile environment.
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