November 2, 2016: Analysis of liquid ammonia – Prices in certain segments of China’s liquid ammonia market continue to rise

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Analysis of liquid ammonia: Prices in certain segments of China’s liquid ammonia market continued to rise. Author/Source: Date: 2016-11-02 Clicks: 23 On November 1, prices in certain segments of China’s liquid ammonia market continued to increase. Prices in Shandong, Hebei, and Jiangsu have risen by 30–50 yuan, while prices in other regions remain stable as investors wait and observe. Currently, the mainstream acceptance price in Shijiazhuang, Hebei is 1,930–1,950 yuan per ton, while the ex-plant acceptance price in Cangzhou is 2,030 yuan per ton ； In northern Shandong, the cash price is 2,000–2,030 yuan per ton ； In Jiangsu province, the prevailing price for goods delivered with acceptance in northern Jiangsu is 2200–2230 yuan per ton, while in southern Jiangsu it is 2340–2360 yuan per ton ； In northern Anhui, the mainstream price for acceptance is 2111–2130 yuan per ton, while the premium price is 2200 yuan per ton. In southern Anhui, the mainstream cash price is 2160 yuan per ton ； The regional mainstream price in Henan region is 1,900–1,950 yuan per ton ； The prevailing price for liquid ammonia in Hubei is 2,250–2,300 yuan per ton, with actual transaction prices ranging from 2,150–2,170 yuan per ton ； The prevailing price in Hunan is around 2,450 yuan per ton. 　　Future market forecast: Driven by rising prices of raw coal and local shortages, as well as increasingly strict environmental inspections in regions such as Shandong and Henan, it is expected that liquid ammonia prices will continue to rise in some areas, by amounts ranging from 30 to 50 yuan. In the Anhui region, prices are expected to rise by 20-50 yuan in the future, while in the Henan region, ammonia release by some companies may come to an end, which could lead to upward price trends going forward. (China Agri-Media)