The high price of liquid ammonia fell (8.16-20)

This week (August 16-20), the high level of domestic liquid ammonia market fell, and the market price generally corrected. After the correction at the beginning of the month, the liquid ammonia stopped falling and stabilized in the middle of the month. However, since the middle of the month, the market supply and demand pressure has gradually increased, and the liquid ammonia went down again. According to the monitoring of business society, the weekly decline of liquid ammonia in Shandong Province was 1.75%. This week, the domestic liquid ammonia manufacturers mainly reduced the overall price. With the resumption of some maintenance devices, the market supply increased. Due to the impact of the epidemic in China, the road transportation was limited to a certain extent, and the manufacturer’s shipment speed slowed down. The liquid ammonia changed from the original shortage of supply to excess supply. The manufacturer was forced to reduce the price and ship under the pressure of inventory, and the market continued to fall.

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This week, the market situation of liquid ammonia in Shandong continued to decline. Hualu unit in this area is still in the maintenance period and has no export. Most manufacturers’ units are normal, and the supply of goods in the region is sufficient. Large manufacturers generally reduce the ex factory price by 100-200 yuan / ton. Affected by the epidemic, the traffic has been affected to some extent, the shipment speed of most manufacturers has slowed down, and the inventory has increased significantly compared with the previous period. By the end of the weekend, the mainstream price in the region is 4450-4600 yuan / ton.

The liquid ammonia Market in Hebei also decreased to varying degrees, and the market performance was weak. Hebei is also subject to certain traffic restrictions. The manufacturers’ shipment speed slows down and gradually accumulates the warehouse. In addition, the early maintenance devices of large factories in Hebei have resumed production one after another, and the supply of goods has gradually increased. At present, the amount of ammonia in this area remains relatively high. The manufacturers reduce the price and ship goods, and discharge the warehouse to reduce the pressure. At the weekend, the mainstream price in the region is 4400-4600 yuan / ton. Downstream generally rational procurement, demand is difficult to be large-scale.

In the future, at present, the price adjustment of domestic liquid ammonia manufacturers has not stopped, the inventory pressure of manufacturers is generally high, and the market supply pressure tends to increase. Although the short-term risk in transportation has not been relieved, the domestic epidemic peak has passed, the restrictive measures have been lifted one after another, and the fertilizer consumption in autumn ushers in the peak season, and the market procurement will gradually increase, The increase in demand may stabilize the price of ammonia.

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