As the weekend approaches, domestic liquid ammonia continues to rise, and manufacturers’ quotations are rising. According to the Commodity Market Analysis System of Business Society, the main production area in Shandong increased by 2.96% this week. As of August 24th, the trading center has moved up the range of 150 to 250 yuan/ton compared to the beginning of the week. At present, the mainstream quotation in Shandong region is between 3400-3600 yuan/ton.

On the supply side, the increase in liquid ammonia is mainly due to the tight supply performance in the main production areas in the north, which is supported by tight supply. Some devices in the northern region are still undergoing maintenance, and sudden production restrictions in regions such as Shanxi have led to a short-term decline in enterprise operating rates and tight supply. There is a widespread phenomenon of vehicles queuing up for goods in production enterprises. The manufacturer’s quotation has been raised multiple times this week, with a cumulative increase of over 200 yuan/ton. The dealer’s offer naturally rose.

On the demand side, the downstream urea market has steadily increased, with an increase of less than 50 yuan/ton this week. From a terminal perspective, agricultural demand follows up in a timely manner, while industrial demand is mainly supported by demand. However, there are not many new export orders, which may become a limiting factor for the rise of liquid ammonia in the later stage.

Prediction: Liquid ammonia analysts from Business Society believe that the tight supply of liquid ammonia will continue for a period of time in the near future, and there may still be room for upward movement in liquid ammonia prices even with little change in demand.