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China’s liquid ammonia market sees steady, modest adjustments Author/Source: Date: 2017-01-12 Clicks: 23 On January 11, China’s liquid ammonia market remained stable with only slight changes; prices in some areas of Anhui rose by 30 yuan, while prices in northern Jiangsu increased by 20 yuan on a steady basis. A few companies in Henan saw minor price increases as well. Currently, the prevailing acceptance price in Shijiazhuang, Hebei is 2,350–2,360 yuan per ton, while the factory acceptance price in Cangzhou is 2,450 yuan per ton ； In northern Shandong, the cash price is 2470–2740 yuan per ton, while in the Linyi area, the price upon delivery after acceptance is 2720–2750 yuan per ton ； In Jiangsu province, the mainstream price for goods delivered upon acceptance in northern Jiangsu is 2,710–2,750 yuan per ton, while in southern Jiangsu it is 2,860 yuan per ton ； In northern Anhui, the prevailing price for acceptance is 2,620–2,650 yuan per ton, while in southern Anhui the prevailing cash price is 2,700 yuan per ton ； The regional mainstream price in Henan is 2,420–2,480 yuan per ton ； The prevailing price for liquid ammonia in Hubei is 2,700–2,750 yuan per ton, with actual transaction prices ranging from 2,680 to 2,700 yuan per ton ； The prevailing price in Hunan is around 2,800 yuan per ton. Future market forecast: The liquid ammonia market is supported by pre-holiday stockpiling, and with reasonable prices in the urea market, exports of liquid ammonia from regions such as Shandong, Jiangsu, Henan, and Hubei have seen varying degrees of reduction. Driven by the tendency to buy when prices are rising and avoid buying when they fall, there is still an expectation of further price increases in certain areas in the future. As the Spring Festival holiday approaches, companies will have finished stocking up and logistics firms will be on holiday, so the upward trend seen earlier may cease. (Bai Chuan)