This week, the domestic liquid ammonia market basically ended last week’s rise, and the prices in Hebei and Shandong fell at the beginning of the week. According to the monitoring of the business community, the mainstream quotation in Shandong was 3000-3150 yuan / ton, with a drop of about 100 yuan / ton, and a drop of 0.85% according to the monitoring of the business community.

The price of liquid ammonia in Shandong Province generally declined, maintaining the steady state of last week. Due to the slight increase of inventory, the manufacturer’s price continued to decline by about 100 yuan / ton. The ammonia quantity in Shandong Province is basically in the balance of supply and demand, which still has some support for the price. In the downstream, the demand for agricultural fertilizer in the off-season is slightly insufficient, which is also the main reason for the weak price of liquid ammonia.

In other regions, the price of large factories in Hebei followed closely the price trend in Shandong. At the weekend, the price of large factories decreased by 50-70 yuan / ton. The volume of liquid ammonia in this region gradually slowed down. On the one hand, affected by the epidemic situation in Hebei, the pace of manufacturers’ delivery of goods slowed down. However, as the two large factories previously overhauled in Northeast China have started up, the export volume in Northeast China has declined, and the price support has declined. At present, the price of liquid ammonia is in the range of 3100-3250 yuan / ton.

In the future, the business association thinks that next week, the liquid ammonia market may be slightly adjusted. On the one hand, due to the normal operating rate of the manufacturers, there are not many maintenance manufacturers, and the inventory of large factories is in a state of accumulation. On the other hand, the current downstream off-season, the purchase of the negative effect of shrinking fermentation. It is expected that liquid ammonia may still have downward space next week.