At the end of the month, the liquid ammonia tends to decline in stability, and may remain weak before the end of the year

On the 26th, according to the monitoring of the business agency, the market of liquid ammonia in China fell slightly, with a slight decline in the northern region. On the 26th, the drop of liquid ammonia was 2.56% in the week. On the weekend, most of the manufacturers reported a stable decline, some of which were 50-100 yuan / ton. Some enterprises in Shandong, the main production area, fell for three consecutive days, with a total range of 200-250 yuan / ton. The price in the northwest region remained stable. At present, the local ammonia volume is surplus, especially in Shandong Province The supply of sub manufacturers is relatively loose, and the pressure of enterprise shipment is increasing, but the price of manufacturers with large ammonia volume is mainly stable, and the main quotation in Shandong is 2850-2950 yuan / ton.

 

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In North China, the liquid ammonia is also slightly lower. The lack of demand leads to the current ammonia storage and price decline. The shipment pressure increases significantly. There are many downstream stoppages. The main quotation in North China is 2800 yuan / ton up and down.

 

The increasing pressure of environmental protection in Hebei region has led to the majority of enterprises limiting production. The shutdown of large downstream enterprises, such as China and Afghanistan, has led to weak demand in the downstream. There are many enterprises accumulating inventory, and the price has not changed significantly. The mainstream quotation in Hebei is 2770-2850 yuan / ton.

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Over the weekend, there was a slight downward trend in Central China, and the delivery pressure in Hubei was obvious. Part of Henan was affected by environmental pressure, and the price gave way to more profits. At present, the liquid ammonia market is full of negative atmosphere, weak operation, and the mainstream quotation in Henan is up and down 2700 yuan / ton.

 

From the perspective of the future market, the business community believes that the current market remains weak, with enterprises mainly reducing their production, most of the units turning to urea production, and the liquid ammonia production controlling the decline, so as to balance the overstock of the manufacturers’ inventory. It is expected that the market will continue to remain weak in the short term, mainly affected by the high ammonia volume in most regions, and the possibility of continuing to explore low is not ruled out.

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