This week (7.20-24), the trend of domestic liquid ammonia market was divided, and the price of some regions went down by a large margin. For example, the price of Shandong, the main production area, dropped sharply, and Hebei followed the Shandong market. According to the monitoring of the business agency, in Shandong area, the drop rate of liquid ammonia is about 300 yuan / ton, and the mainstream market quotation is 2500-2700 yuan / ton. According to business agency monitoring, the decline in Shandong was – 5.23%
| PVA |
Specifically:
The price of liquid ammonia in Shandong Province dropped sharply this week, and some large factories reduced their quotation of 300 yuan / T this week. The main reason is that the temporary overhaul of the 800000 ton urea plant of the plant led to a large number of liquid ammonia shipment. Affected by the rising inventory pressure, the liquid ammonia in Shandong gradually accumulated, and the supply continued to increase, leading to a certain supply pressure for enterprises. In addition, the downstream rigid procurement is the main, and the seasonal off-season support for the market is insufficient, and the superimposed impact on the price is obviously lower.
In other regions, the trend of differentiation, regional reasons, Hebei region followed the Shandong market, the price of Shandong region went down, and Hebei market followed. The range is about 200 yuan / ton. Large factories are shipping normally. A small amount of Cangzhou units are currently being shipped. The liquid ammonia volume in the region maintains a basic balance between supply and demand. As of the end of the week, the quoted price is 2650-2800 yuan / ton. In Northeast China, the downstream purchasing strength is fair. 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.
In the future, the business agency believes that the trend of liquid ammonia market is divided this week, and the decline in Shandong is obvious, but most manufacturers have stabilized their prices on Friday. Prices have also bottomed out. It is expected that with the resumption of production of some urea plants in the market next week, the ammonia quantity in Shandong can be effectively controlled, and the price may stabilize and rebound. Other regions, such as Hebei, are also expected to rise. Affected by the balance of supply and demand, the price of liquid ammonia in Northeast and Northwest China is likely to maintain stability.
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