The price of liquid ammonia is stable at the beginning of the week, and the weak market may be maintained in the short term

At the beginning of the week, on the 30th, according to the monitoring of the business association, the domestic liquid ammonia market was stable, the enterprises suspended the pace of downward adjustment, and the northern region was stable. On the 30th, the rise and fall of liquid ammonia was 0. At the beginning of the week, most manufacturers’ quotations were flat at the end of last week. Some enterprises in Shandong, the main production area, experienced a continuous decline on the last Wednesday. This week, the prices in the northwest region remained stable. At present, there is abundant performance of partial ammonia, especially some factories in Shandong The supply of goods is relatively loose, and the pressure of enterprises’ shipment is increasing. However, the manufacturers with large ammonia quantity are mainly stable in price, and they are going to sell goods one after another. The main quotation in Shandong is 2850-2950 yuan / ton.

 

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In North China, the liquid ammonia is also stable, and the lack of demand leads to the slow delivery of liquid ammonia. After urea conversion, the ammonia quantity is controlled. The inventory pressure of the enterprise is slightly relieved. At present, there are many downriver stoppages, and the main quotation in North China is 2800 yuan / ton.

 

The pressure of environmental protection in Hebei is still not negligible, which leads to the majority of enterprises limiting production. The shutdown of large downstream enterprises, such as China and Afghanistan, leads to weak demand in the downstream, many enterprises accumulating in the warehouse, and no significant change in price. The mainstream quotation in Hebei is 2800-2850 yuan / ton.

 

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At the beginning of the week, the market in Central China also stabilized. The delivery pressure in Hubei was slightly eased compared with that in the previous week. Due to the impact of environmental protection pressure, the price in Henan was more profitable. At present, the liquid ammonia market is full of negative atmosphere and weak operation. The mainstream quotation in Henan is 2700 yuan / ton.

 

From the perspective of the future market, the business community believes that the current market has maintained a narrow range of adjustment, with enterprises mainly selling products at guaranteed prices, some of which have given way to profits, most of the devices have been converted to urea production, and the output of liquid ammonia has been controlled to decline, so as to balance the overstock of manufacturers’ inventory. It is expected that the market will continue to maintain a weak position in the short term, mainly affected by the high ammonia volume in most regions, and the possibility of continuing to explore low is not ruled out.

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