Liquid ammonia price trends in some areas on November 8

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Liquid ammonia price trends in certain areas on November 8th. Author/Source: Business Society. Date: 2021-11-08. Clicks: 19. On the 8th, liquid ammonia prices in Shandong continued to fall, with some manufacturers reducing prices by 50–100 yuan per ton. Dealer quotes have subsequently dropped, while downstream buyers continue to make purchases as needed; demand is driven by essential requirements. Currently, as manufacturers increase their shipment volumes, there is an abundance of goods in the market, and inventory levels have risen significantly compared to before. Currently, the mainstream market price in this region is 4,600–4,750 yuan per ton. Ammonia prices are likely to continue to fall in the near term. On the 8th, market prices for liquid ammonia in Shandong continued to decline, with some manufacturers reducing their prices by 50–100 yuan per ton. Dealer quotes have subsequently dropped, while downstream buyers continue to make purchases as needed; demand is driven by essential requirements. Currently, as manufacturers increase their shipment volumes, there is an abundance of goods in the market, and inventory levels have risen significantly compared to before. Currently, the mainstream market price in this region is 4,600–4,750 yuan per ton. Ammonia prices are likely to continue to fall in the near term.