Aug 12 2010
Frbiz.com, one of China's leading B2B search platforms, analyzes ammonium bicarbonate market trends.
Since late July, ammonium bicarbonate market trends are relatively stable; prices change little, generally within 10 RMB or 20 RMB fluctuations.
Currently, ammonium bicarbonate factory prices are 470-580 RMB, most of the market wholesale prices are 500-640 RMB; the market retail price is 550-650 RMB. Remote areas and western region prices are relatively high, while ammonium bicarbonate production areas and eastern region prices are relatively low.
From the current market situation, with the north corn fertilizer season closing and the weakening urea prices, there are a number of adverse effects on the ammonium bicarbonate market; on the other hand, due to recent high coal prices, ammonium bicarbonate production costs remain high, while product sales price still are not rising. At present, most enterprises have been losing money, which makes a relatively limited supply in ammonium bicarbonate market, where supply and demand are relatively balanced. Frbiz predicts that the ammonium bicarbonate market will still maintain smooth speed of development. From the production cost point of view, the current price of ammonium bicarbonate has reached the bottom, and cannot drop further down. However, as the overall fertilizer market weakens, and demand into the off-season decreases, so ammonium bicarbonate prices will find it difficult to rise.
Source: http://www.frbiz.com/