Price: 2983 yuan/ton

Analysis: On February 5th, the liquid ammonia market in Shandong region fell. According to the Commodity Market Analysis System of Business Society, the daily decline in the main production area of Shandong was 2.19%. The main reason is that manufacturers try to ship as much as possible before the holiday, leading to an increase in ammonia emissions from large factories, as well as the resumption of work after some equipment failures and maintenance, resulting in a loose supply side performance. Last weekend, a large factory in Shandong lowered prices by over 300 yuan/ton. On Monday, dealers mostly reported lower prices, resulting in sluggish sales. And the downstream procurement enthusiasm is not high, urea remains weak in operation, and the weak demand side suppresses the price of liquid ammonia. At present, the mainstream quotation in Shandong region is between 2800-3000 yuan/ton.

Prediction: Downstream procurement will slow down before the holiday, with sufficient supply and no improvement in downstream demand. It is expected that liquid ammonia will remain weak in the near future.