On the 26th, the domestic liquid ammonia market remained stable in most regions, while Hebei and Shandong have been mainly stable this week. According to the monitoring of the business agency, the mainstream market quotation in Shandong is 3000-3100 yuan / ton.
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The price of liquid ammonia in Shandong remained stable this week, with sufficient supply from large factories, normal operation of the plant, and reasonable inventory pressure. Affected by the stability of the overall domestic urea market, especially by the limited production in some domestic regions, the operating rate decreased, and the supply brought some support. At present, the ammonia volume in Shandong remained at the early level, still at a medium high level. From the downstream, in the current agricultural fertilizer off-season, the terminal does not pick up the goods, and there is no market in many places, which makes the liquid ammonia not rise much.
In other regions, the price of liquid ammonia in Shandong has stabilized, and the outflow of ammonia in Shandong is not as large as expected, and the impact on Hebei is not obvious. Therefore, the prices of manufacturers in Hebei remain stable, and the prices have not changed greatly. The range of rise and fall is about 50 yuan / ton. At present, the Cangzhou unit of a plant in Hebei still produces a small amount of liquid ammonia, so the pressure is not big. This is also an important factor to balance the supply and demand of the region. The liquid ammonia quantity in the region basically maintains a balance between supply and demand, and the current price is between 3050-3150 yuan / ton.
In the future, the business agency believes that the liquid ammonia market is stable and weak in the near weekend, especially in the low season of downstream fertilizer. It is expected that the domestic ammonia volume will remain moderate in the short term, so it is expected that the domestic liquid ammonia market will remain mainly consolidation in the near future. Some regions may be affected by production restrictions, and prices will continue to strengthen. However, manufacturers in Shandong, Hebei and Northeast China may accumulate stocks in the later period, which may bring some downward risks to the future market.
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