Last week (5.10-14), the domestic liquid ammonia market fell slightly, after a horizontal market from late April to early May, the market was loose, and the weekly increase of liquid ammonia was -0.69% according to the monitoring of the business agency. Last week, liquid ammonia manufacturers generally cut their prices, Hebei and Shandong factories all fell more than 100 yuan. With the slowdown of the shipping speed, supply pressure increased, prices lost support, and all regions fell steadily.

The liquid ammonia in Shandong is mainly light and stable, and the current pressure of the source of goods is still available in the region, but the region is in the stage of accumulation. The price of some major factories in Shandong Province has slightly decreased at the beginning of the week, with the range of 50 yuan / ton, while the other trading days are stable, and the manufacturer’s inventory pressure is still acceptable. The main flow price in this area is 3650-3750 yuan / ton. At present, the production of liquid ammonia from the plant in this area is moderate, the overall inventory pressure of the region is stable, and the supply and demand are basically balanced in the later period.

The price of liquid ammonia in Hebei Province is also loose. The current pressure of the supply inventory in the region is not changed much compared with the previous period. On Tuesday, the price of large factories declined, but the range is not large. Within 50 yuan / ton, the manufacturer’s inventory pressure is still acceptable, and the mainstream price in the region is 3600-3700 yuan / ton. At present, the liquid ammonia discharged by the plant is moderate, the overall storage pressure of the region is not large, and the supply pressure in the later period is general.

The market outlook, at the beginning of this week, 17, the domestic liquid ammonia manufacturers concentrated on the rise, the market slightly back to temperature, on the one hand, by the early urea rise, manufacturers concentrated production, liquid ammonia reduction, the current effect appears, ammonia is low support, in the short term, liquid ammonia prices still have upward space, but considering that the downstream demand is not much improvement, liquid ammonia will not have much market.