At the beginning of the week, the domestic liquid ammonia market remained stable in most regions. The supply and demand in Hebei was basically balanced, and the price was rigid and stable. In Shandong, the prices of some large factories dropped slightly. According to the monitoring of the business agency, on the 31st, according to the monitoring of the business agency, the decline of liquid ammonia was 0.53%, and the mainstream market quotation was 2800-2950 yuan / ton.

After the stability of liquid ammonia in Shandong area last week, the quotation was slightly lower today. At present, Hualu unit returned to normal, the output of liquid ammonia increased, and the export sales increased appropriately. The price dropped slightly, with the range of 50 yuan / ton. At present, the ammonia quantity in Shandong Province has not increased significantly, and the manufacturer’s price is still firm. The main reason is that since the temporary maintenance of a set of ammonia plant in Shandong Union on August 25, it is estimated that the price will be half The price of liquid ammonia in Shandong is mainly stabilized, and the possibility of price correction with the accumulation of inventory can not be ruled out in the later stage.

In other regions, such as Hebei, the price is still strong, mainly because the region follows the price trend of Shandong. Affected by the low level of ammonia in Shandong, the amount of ammonia sold by Shandong manufacturers to this region is small, and the ammonia quantity in Hebei remains controllable. Therefore, the price of liquid ammonia in Hebei continues to be firm. Last week, the price still increased, and the price stabilized on the 31st. At present, the Cangzhou unit of a plant in Hebei still produces a small amount of liquid ammonia, so the pressure is not big. The amount of liquid ammonia in the region basically maintains a balance between supply and demand, and the current price is 2950-3100 yuan / ton.

In the future, the business agency believes that the beginning of the week also coincides with the last trading day of August, and the liquid ammonia market is mostly stabilized. Since the market experienced an upward market in mid and early August, it is still in the market trimming period. Basically, the supply and demand should be balanced. In addition, some plants are still in the maintenance period, and it is expected that the ammonia volume will remain moderate in the short term. Therefore, it is expected that the domestic liquid ammonia market will remain strong in the near future. However, with the recovery of large plants in Shandong Province, the gradual accumulation of ammonia quantity is not ruled out, and the possibility of price decline in mid September is not ruled out. On the demand side, the downstream demand is stable. Although urea has winter storage, the current social inventory is still high and the price support is limited. As far as the downstream fertilizer market is concerned, it is still in the autumn fertilizer production and sales peak season, and the expected operating rate is still stable and high. The moderate growth of demand also forms a certain support for the current liquid ammonia price. However, affected by the overseas epidemic situation, the downstream chemical fertilizer export situation is still not optimistic, so it is expected that the liquid ammonia market will be stable in the near future, but there is a certain downward risk in the long term.