At the beginning of the week, the price of liquid ammonia dropped slightly

At the beginning of the week, the domestic liquid ammonia market remained stable in most regions, and the prices in some regions fell slightly. The prices in Shandong, the main production area, fell slightly, while Hebei maintained the level last week. According to the monitoring of the business agency, in Shandong area, the drop rate of liquid ammonia is about 50 yuan / ton, and the mainstream market quotation is 2700-2800 yuan / ton.

 

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At the beginning of last week, the price of liquid ammonia in Shandong Province rose tentatively, and some large factories raised their offer of 50 yuan / ton. However, at the beginning of this week, affected by the rising inventory pressure, the liquid ammonia gradually accumulated in Shandong region, the device was stable, and the supply continued to increase, leading to certain pressure on enterprises. In addition, the liquid ammonia shipment volume decreased, and the downstream rigid procurement was dominated, and the market support was insufficient in the seasonal off-season.

 

In other regions, the price has been stable in recent years, and the large factories have been shipping normally. The Cangzhou unit of a factory still does not sell liquid ammonia. The supply and demand of liquid ammonia in the region are maintained in balance, and most of the prices remain at the level of last week. As of the end of the week, the price is 2700-2900 yuan / ton. In Northeast China, the downstream procurement is not reduced. Due to the maintenance of some large plants, the amount of ammonia in the region is reduced and the price is relatively firm. Therefore, the price difference between Shandong and Hebei is about 200 yuan, and the current price is 2800-3000 yuan / ton.

 

From the perspective of the future market, the business agency believes that the domestic liquid ammonia market did not change much at the beginning of the week, and the trend of various regions showed some differentiation. Generally speaking, the domestic liquid ammonia supply pressure still exists, especially the regional imbalance, which leads to greater supply pressure in some regions. In terms of demand, the peak season of fertilizer demand in the downstream is no longer, and the downstream purchasing power has slowed down compared with the beginning of the month, leading to the supply of liquid ammonia There are still pressure expectations in the later stage. In addition, the export of phosphate fertilizer is affected more obviously, mainly by the overseas epidemic situation, and it is unlikely to recover in the short term. Therefore, the price of liquid ammonia is expected to be weak and stable this week due to the attack of supply and demand.

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