Last week (6.8-12), the domestic liquid ammonia market fell, and the main production areas in Shandong and Hebei fell significantly. According to the monitoring of the business agency, in Shandong Province, the drop of liquid ammonia from the middle of the week to the weekend was 300 yuan / ton, down more than 5%, and the weekend quotation was 2500-2700 yuan / ton.

The obvious decline of liquid ammonia in Shandong area is mainly due to the high inventory of liquid ammonia in the area and the large increase of supply. It is reported that last week, there was a temporary overhaul of downstream devices of large factories in Shandong, which reduced the self use rate of manufacturers and required a large amount of export sales. It is said that the daily supply of liquid ammonia increased by 1000 tons, so the factory price was lowered for two consecutive days, with a total of 300 yuan / ton, which led to the reversal of the liquid ammonia Market in early June It went down again.

In other regions, following the trend of Shandong, the price also went down. Shandong cut prices and absorbed orders, resulting in obvious pressure near Hebei. Some manufacturers in Hebei lowered the factory price by 200 yuan / ton over the weekend. The pressure on liquid ammonia inventory in this region has not changed much.

In the first ten days of June, the downstream demand of liquid ammonia is still poor, and it is in the off-season of fertilizer at present. According to the usual end of domestic demand of phosphate fertilizer market in April and may, diammonium enterprises rely more on the boost of export, and the demand for liquid ammonia is still relatively stable. However, in terms of the current downstream operating rate, the operating rate of Monoammonium is close to 50%, and that of diammonium is close to 60%. Although it is generally just needed to form a support for the market, the increase is no longer, mainly affected by the overseas epidemic situation, the export orders are shrinking, and the inventory of enterprises is under pressure, and the phosphate fertilizer enterprises are transforming into compound fertilizer, further weakening the demand for liquid ammonia. Since the first ten days of April, the price of DAP has continued to decline. At present, there is still no sign of any rebound. However, DAP rebounded in early June, with a small range of 0.36%, which has a limited impact on the market.

In the future, the business community believes that some urea plants in Shandong are difficult to recover in the near future, and the liquid ammonia will remain high. Affected by the backlog of market demand, the shipments in the surrounding market are still under pressure. Therefore, the price of liquid ammonia will remain relatively low in the near future. In the near future, we should pay attention to the news that the urea plant of Shandong enterprises is properly restored. It is expected that if the plant of the enterprise is stable, the price of liquid ammonia may rebound.