SunSirs: Liquid Ammonia is Expected to Rise in the Future
February 13 2023 10:58:46The latest price of liquid ammonia : 4106 RMB/ton.
Key points of analysis: The domestic liquid ammonia market rose slightly on February 8. According to the monitoring of the Business News Agency, the daily increase in Shandong, the main production area, was 1.65%. Due to the increase of downstream orders and the decrease of enterprise inventory, large factories generally raised the ex-factory price by around 100 RMB/ton. The downstream urea operates at a high level, the agricultural demand increases, the industrial end just needs support, and the ammonia market rebounds at a low level. At present, the mainstream quotation is 4000-4200 RMB/ton.
Future prediction: the downstream urea market is improving, the conversion of enterprise units to urea is gradually increasing, and the later liquid ammonia production is limited, and the superimposed demand is moderately rising, and it is expected that the liquid ammonia will still rise.
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