China’s domestic ammonia price rose slightly on February 24

On February 24, the domestic liquid ammonia market rose slightly. Before and after the Spring Festival, the liquid ammonia market has been tepid, but this week, the market has risen. According to the monitoring of the business community, the liquid ammonia market has risen by 1.52% this week.

 

On February 24, the price of liquid ammonia in Shandong continued to rise, the regional inventory pressure eased, and some large factories increased by 100 yuan / ton. After the year, the manufacturers maintained production, the ammonia production of large factories decreased, and the ammonia production in the region decreased. The mainstream market price in this area is 3200-3350 yuan / ton. Most of the manufacturers’ devices are running normally, and the inventory pressure is general. The downstream procurement is slightly increased compared with that before the festival. It is expected that the price will continue to rise in the near future.

 

Recently, the price of liquid ammonia in Hebei Province has stopped falling and stabilized. Today’s market is on the rise, and the pressure of ammonia supply in the region has eased. The mainstream price in this area is 3150-3250 yuan / ton. Most of the plants are operating normally, and the inventory pressure of large plants has been relieved. This is mainly due to the rapid opening up of transportation in the region and the increase of manufacturers’ shipping capacity. In addition, the downstream urea has obvious support, which is superimposed with the increase of cross regional outsourcing. It is expected that the price will continue to rebound in the near future.

 

From the perspective of downstream demand, agricultural demand started in succession, the willingness of terminal procurement gradually increased, and the agricultural procurement in mainstream areas was cautious; the starting load of downstream compound fertilizer increased, and some downstream products were still cautious, most of them went with the market. The price of liquid ammonia is expected to rise in the near future.

http://www.gammapolyglutamicacid.com

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