This week, the domestic liquid ammonia market remained stable in most regions, Hebei continued to maintain the steady state last week, and the price in Shandong ended its rising market. This week, it is mainly seen that it is stable. According to the monitoring of the business agency, the mainstream market quotation in Shandong is 2900-3000 yuan / ton.

The price of liquid ammonia in Shandong remained stable this week, with stable supply from large factories, normal operation of the plant, and reasonable inventory pressure. Affected by the overall stability of domestic urea market, especially limited production in Shanxi and some other regions, the operating rate decreased and supply brought some support. Liquid ammonia was obviously slightly better than urea, and enterprises also preferred to produce liquid ammonia. From the downstream, the current agricultural fertilizer off-season, the terminal wait-and-see do not pick up goods, many places have prices and no market, which makes the liquid ammonia did not continue the last week’s rise.

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, so the impact on Hebei is not obvious. Therefore, the prices of manufacturers in Hebei maintain the steady state of the previous week, and there is no significant change in prices. 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 2950-3100 yuan / ton.

From the perspective of the future market, the business agency believes that the majority of enterprises reported stable liquid ammonia Market over the weekend, and continued to be stable for a week, indicating the lack of upward momentum in the market, especially in the current low season of downstream fertilizer. Therefore, there is a certain risk of decline in liquid ammonia. The price range of liquid ammonia has fluctuated since the festival, and there is no big market. It is expected that the domestic ammonia volume will remain moderate in the short term In the near future, the domestic liquid ammonia market is still dominated by range consolidation, and there may be some differentiation in the trend of various regions. In the regions affected by the production restriction policy, the prices may be firmer. However, most manufacturers in the region may accumulate in the later stage, which will affect the price of liquid ammonia to fall. In addition, the market is mainly affected by large-scale plants, which does not exclude the impact of equipment maintenance on the price. On the demand side, the downstream demand is rigidly stable. In the current off-season market, the downstream demand may shrink, and the downstream operating rate is expected to gradually decrease in the later stage. Considering comprehensively, the liquid ammonia will maintain stability in the near future, and there is a downward risk in the medium and long term prices.