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SunSirs: Domestic Liquid Ammonia Market Continued to Rise (9.23-27)

September 29 2019 14:15:28     SunSirs (John)

This week, according to the monitoring of SunSirs, the domestic liquid ammonia market continued last week's trend, and continued to rise slightly, with the overall increase of 1.86%. Some enterprises in Shandong rose slightly by 50-100 RMB/ton, while those in Northwest China rose by 100 RMB/ton. At present, the local ammonia content is still tight, especially the supply of some manufacturers in Shandong is relatively scarce. There is no pressure on the shipment of enterprises, but the price of the manufacturers with large ammonia is stable, and the mainstream price in Shandong is 3000-3200 RMB/ton.

In North China, liquid ammonia also increased slightly, with an increase of 50 RMB per ton. The market is mainly affected by the shortage of ammonia in Shanxi. Due to traffic restrictions in Hebei, there are some obstacles in the market supply. Enterprises are also pushing up prices. The mainstream price in Hebei is 2850-3050 RMB/ton.

The rest of the region remained stable. From mid-September to late September, some regions were actively exporting due to environmental pressure and production restricton. The market was relatively stable. The price of manufacturers in Central China remained at 2950-3100 RMB/ton and in Northwest China which was around 2650-2700 RMB/ton.

In the future, SunSirs believe that the market may maintain a strong trend in the short term and the price may stabilize due to the recovery of supply after the festival mainly affected by the local ammonia shortage caused by transport.

 

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