28-29, early this week, the domestic liquid ammonia market basically ended last week’s rise, Hebei region, Shandong region, the beginning of the week prices were stable, according to the business community monitoring, Shandong region, the market mainstream offer 3000-3200 yuan / ton.
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The price of liquid ammonia in Shandong Province was mainly stable. There was a reaction from large factories last Sunday. Due to a slight increase in inventory, the price was slightly reduced by 50 yuan / ton. The ammonia quantity in Shandong Province was basically in a state of supply and demand balance, which still had some support for the price. In the downstream, the demand for agricultural fertilizer is slightly insufficient in the off-season, which is also the main reason why the price of liquid ammonia has not kept rising.
Other regions are mainly stable, while Hebei follows closely the price trend of Shandong. At the beginning of the week, the price of liquid ammonia also stopped rising. At present, the price is running smoothly, and the volume of liquid ammonia in this region has not changed. However, due to the centralized maintenance of two large manufacturers in Northeast China, Hebei has undertaken some orders from Northeast China, which has a little support for the price. At present, the price of liquid ammonia is in the range of 3100-3250 yuan / ton.
In the future, the business community believes that this week, the liquid ammonia market may be slightly adjusted. On the one hand, with the maintenance of enterprises’ devices, the market inventory pressure has also been eased, which also neutralizes the bad news of the low season downstream and the shrinking purchasing volume. On the other hand, local production restriction in the northern region has also formed a certain support for prices, and the imbalance between supply and demand may continue to be maintained.
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