Price: 2950 yuan/ton

Analysis: On June 3rd, the liquid ammonia market in Shandong region fell. According to the Commodity Market Analysis System of Business Society, the daily decline in the main production area of Shandong is 4.84%. The main reason is that the maintenance equipment has resumed work one after another, and the supply side has shown a loose performance. Coupled with the low urea prices of manufacturers, the amount of ammonia converted has increased, and the increase in ammonia volume has dragged down the price of ammonia. Today, some mainstream large factories in Shandong have generally lowered their prices by as much as 200-300 yuan/ton. Dealers tend to lower their shipments. Moreover, downstream procurement enthusiasm is not high, agricultural demand is gradually entering the off-season, industrial demand remains strong, and the demand side is generally bearish. At present, the mainstream quotation in Shandong region is between 2800-3000 yuan/ton.

Prediction: In the near future, agricultural demand procurement has slowed down and supply is sufficient. It is expected that liquid ammonia will remain weak in the near future, and it is not ruled out that prices may continue to decline.