Liquid ammonia stabilized after rising in January, and the market fell into a frozen period at the end of the month

In January, according to the monitoring of the business agency, the market of liquid ammonia in China was volatile, and the market rose mainly at the beginning of the month. The quotation of the enterprise was affected by the increase of the downstream stock before the festival and the decrease of the ammonia in the region, most of which rose slightly. The northern region was stable, and some of the enterprises rose slightly, but the range was not large, at 100-300 yuan / ton. According to the monitoring of the business agency, the price of liquid ammonia rose 1.11% at the beginning of the month, and the main quotation in Shandong region was 2900 yuan- 3100 yuan / ton.

 

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In the middle and late ten days, with the high price of liquid ammonia in the market, the enterprise’s operating rate picked up, the downstream purchasing strength slowed down slightly, and the dealer’s inventory was also in the stage of gradually accumulating the inventory. The ammonia volume in Shandong province gradually increased, and the enterprise’s quotation was unable to continue to increase at this time. On the contrary, some manufacturers adjusted their quotation slightly, giving priority to profit shipment, which continued until the eve of the holiday. The market quotation is generally 2800-2900 yuan.

 

After the festival, the market atmosphere did not improve. Affected by the domestic epidemic situation, the return period of enterprises was delayed, the market generally entered a frozen period, and there were not many dealers in the market. Affected by local traffic control, the market speed of goods was further slowed down. At present, the market is generally free of price.

 

In the future, the business club believes that the current market is frozen, the enterprise is shut down, the dealer’s inventory is gradually declining, and there is a demand for production and replenishment of inventory in the later market. It is expected that with the coming of the enterprise’s return to work period after February 10, and the coming of the spring farming season, the liquid ammonia market will pick up.

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