SunSirs: On December 5, the Liquid Ammonia Market in Shandong and Hebei Area Went Higher
December 06 2022 09:49:24On December 5th, the market price of liquid ammonia in Shandong area climbed at the beginning of the week, and the dealers' offers were tentatively high. Today's market price generally increased by 50-100 RMB compared with last weekend. Today, many large factories in Shandong have adjusted their prices, with an increase of around 100 RMB/ton. Manufacturers do not have much inventory, and shipments are acceptable. The price of downstream urea is relatively strong, and rigid demand is steadily advancing.
Today, the mainstream price in this area is 4600-4800 RMB/ton. It is expected that the liquid ammonia market will run strongly in the near future.
In addition, on December 5, the liquid ammonia market in Hebei rose, and today's quotations rose by around 100 RMB, and most of the dealers' offers were at high levels. Today, most manufacturers in this area have adjusted their prices by 50-100 RMB. Manufacturers' inventories are not high, and downstream purchases just need to be maintained. The amount of ammonia in the region remains relatively low, and supply and demand still support prices. Today, the mainstream price in this area is 4500-4700 RMB/ton. The market is expected to continue to rise in the near future.
Note: The above prices are all tax-included prices
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