Price: 3700 yuan/ton
Analysis: On October 19th, the domestic liquid ammonia market price increased. According to the Commodity Market Analysis System of Business Society, the daily increase in the main production area of Shandong was 2.12%. The main reason is tight supply, which is good for support. The northern region is mainly affected by the Beijing conference, and transportation has been affected to some extent, resulting in a decrease in factory load. The manufacturer’s quotation has been raised multiple times this week, with a cumulative increase of over 200 yuan/ton. The dealer’s offer naturally rose. In addition, the downstream urea market has steadily increased, mainly influenced by the new round of bidding from India and India, with an increase of 100-150 yuan/ton this week. From a terminal perspective, agricultural demand follows up in a timely manner, while industrial demand is mainly supported by demand. However, there are not many new export orders, which may become a limiting factor for the rise of liquid ammonia in the later stage. At present, the mainstream quotation in Shandong region is between 3600-3700 yuan/ton.
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Prediction: It is expected that there will be a recovery in the equipment of northern liquid ammonia enterprises in the near future, and the downstream industrial demand is average, and there may be a short-term change in supply and demand. It is expected that liquid ammonia will be difficult to continue driving up the market.